cxs

CreXus Investment to Acquire Commercial Real Estate Mortgage Loan Portfolio from Barclays Capital

The closing of the transaction is subject to the completion of certain conditions, including the successful completion of a common stock offering by CXS and obtaining certain consents. The acquisition, which is valued at approxima

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CreXus Investment (CXS) today announced that it has signed a definitive asset purchase agreement with Barclays Bank's (BCS) affiliate, Barclays Capital Real Estate, to purchase a portfolio of commercial real estate assets.

By Stephanie Shyu
sshyu@fnno.com

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