Exhibit 99.2 NOTICE OF GUARANTEED DELIVERY for Tender of all Outstanding $229,000,000 11 1/4% Senior Subordinated Notes Due June 15, 2011 in exchange for new $229,000,000 11 1/4% Senior Subordinated Notes Due June 15, 2011 of CB RICHARD ELLIS SERVICES, INC. Registered holders of outstanding 11 1/4% Senior Subordinated Notes due June 15, 2011 (the "Outstanding Notes") who wish to tender their Outstanding Notes in exchange for a like principal amount of new 11 1/4% Senior Subordinated Notes due June 15, 2011 (the "Exchange Notes") and whose Outstanding Notes are not immediately available or who cannot deliver their Outstanding Notes and Letter of Transmittal (and any other documents required by the Letter of Transmittal) to State Street Bank and Trust Company of California, N.A. (the "Exchange Agent") prior to the Expiration Date, may use this Notice of Guaranteed Delivery or one substantially equivalent hereto. This Notice of Guaranteed Delivery may be delivered by hand or sent by facsimile transmission (receipt confirmed by telephone and an original delivered by guaranteed overnight courier) or mail to the Exchange Agent. See "The Exchange Offer-- Procedures for Tendering" in the Prospectus. The Exchange Agent for the Exchange Offer is: STATE STREET BANK AND TRUST COMPANY OF CALIFORNIA, N.A.
By Mail: By Facsimile: By Hand or Overnight Delivery: State Street Bank and Trust State Street Bank and Trust State Street Bank and Company of California, N.A. Company of California, N.A. Trust Company 2 Avenue de Lafayette (617) 662-1452 of California, N.A. Corporate Trust Window, 5/th/ Floor Confirm Receipt of 2 Avenue de Lafayette Boston, MA 02111-1724 Facsimile by Telephone Corporate Trust Window, 5/th/ Floor Attn: Ralph Jones (617) 662-1548 Boston, MA 02111-1724 Attn: Ralph Jones
Delivery of this Notice of Guaranteed Delivery to an address other than as set forth above or transmission via a facsimile transmission to a number other than as set forth above will not constitute a valid delivery. This Notice of Guaranteed Delivery is not to be used to guarantee signatures. If a signature on a Letter of Transmittal is required to be guaranteed by an eligible institution (as defined in the Prospectus), such signature guarantee must appear in the applicable space provided on the Letter of Transmittal for Guarantee of Signatures. Ladies and Gentlemen: The undersigned hereby tenders the principal amount of Outstanding Notes indicated below, upon the terms and subject to the conditions contained in the Prospectus dated , 2001 of CB Richard Ellis Services, Inc. (the "Prospectus"), receipt of which is hereby acknowledged. DESCRIPTION OF OUTSTANDING NOTES TENDERED
NAME AND CERTIFICATE ADDRESS OF NUMBER(S) OF REGISTERED OUTSTANDING HOLDER AS IT NOTES TENDERED APPEARS ON THE (OR ACCOUNT PRINCIPAL OUTSTANDING NUMBER AT AMOUNT NAME OF TENDERING NOTES (PLEASE BOOK-ENTRY OUTSTANDING HOLDER PRINT) FACILITY) NOTES TENDERED ________________________ ____________________ ____________________ ____________________ ________________________ ____________________ ____________________ ____________________ ________________________ ____________________ ____________________ ____________________ ________________________ ____________________ ____________________ ____________________ ________________________ ____________________ ____________________ ____________________
SIGN HERE Name of Registered or Acting Holder: __________________________________________ Signature(s): _________________________________________________________________ Name(s) (Please Print): _______________________________________________________ Address: ______________________________________________________________________ Telephone Number: _____________________________________________________________ Date: _________________________________________________________________________ IF OUTSTANDING NOTES WILL BE TENDERED BY BOOK-ENTRY TRANSFER, PROVIDE THE FOLLOWING INFORMATION: DTC Account Number: ________________________________________________________ Date: ______________________________________________________________________ THE FOLLOWING GUARANTEE MUST BE COMPLETED GUARANTEE OF DELIVERY (NOT TO BE USED FOR SIGNATURE GUARANTEE) The undersigned, a member of a recognized signature guarantee medallion program within the meaning of Rule 17Ad-15 under the Securities Exchange Act of 1934, as amended, hereby guarantees to deliver to the Exchange Agent at one of its addresses set forth on the reverse hereof, the certificates representing the Outstanding Notes (or a confirmation of book-entry transfer of such Outstanding Notes into the Exchange Agent's account at the book-entry transfer facility), together with a properly completed and duly executed Letter of Transmittal (or facsimile thereof), with any required signature guarantees, and any other documents required by the Letter of Transmittal within three New York Stock Exchange trading days after the Expiration date (as defined in the Letter of Transmittal). Name of Firm: _________________________ ________________________________________ (authorized signature) Address: ______________________________ Title: _________________________________ _______________________________________ Name: __________________________________ (zip code) (please type or print) Area Code and Telephone No.: ________________________ Date: __________________________________
NOTE: DO NOT SEND OUTSTANDING NOTES WITH THIS NOTICE OF GUARANTEED DELIVERY. OUTSTANDING NOTES SHOULD BE SENT WITH YOUR LETTER OR TRANSMITTAL.