Content area
Full Text
Mandeville-based Stirling Properties plans to go public as a real estate investment trust in May.
Stirling is offering 7 million shares for between $21.50 and $23.50 per common share, said Tommy Bell, retail coordinator in Baton Rouge for Merrill Lynch, the sole investment manager on the deal.
At the estimated price range, the offering would raise between $150.5 million and $164.5 million.
A real...