ETRE REIT postpones $57 million IPO

By Renaissance Capital,

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ETRE REIT, which was recently formed to own and operate an office building in Washington, D.C, postponed its IPO on Wednesday. The New York, NY-based company was founded in 2014 and booked $7 million in sales for the year ended December 31, 2013. ETRE REIT initially filed confidentially on June 2, 2013. Sandler O'Neill was set to be the sole bookrunner on the deal.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines IPOs
Referenced Stocks: ECAV

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