Trade Street Residential prices IPO at $10, below the range

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Trade Street Residential, a self-managed REIT focused on apartment communities primarily in the southeastern US, raised $63 million by offering 6.3 million shares at $10, below the range of $11 to $13. Trade Street Residential plans to list on the NASDAQ under the symbol TSRE. Sandler O'Neill was 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 The NASDAQ OMX Group, Inc.



This article appears in: News Headlines , IPOs

Referenced Stocks: TSRE

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