NEW YORK CITY-A new company is formed as Capital Lease Funding LLC goes public as a REIT with a $23- million IPO. Capital also plans to broaden its focus from debt financing for credit-tenant leased properties.
NEW YORK CITY-Bertelsmann Inc. sells the office and retail condominium portion of 1745 Broadway, more commonly known as the Random House building, to Jamestown in a $297 million sale-leaseback deal.
