Exhibit 25.2

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM T-1

 

 

STATEMENT OF ELIGIBILITY

UNDER THE TRUST INDENTURE ACT OF 1939

OF A CORPORATION DESIGNATED TO ACT AS TRUSTEE

 

CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A TRUSTEE PURSUANT TO SECTION 305(b) (2)

 

 

WELLS FARGO BANK, NATIONAL ASSOCIATION

(Exact name of trustee as specified in its charter)

 

 

 

A National Banking Association   94-1347393

(Jurisdiction of incorporation or

organization if not a U.S. national bank)

 

(I.R.S. Employer

Identification No.)

101 North Phillips Avenue

Sioux Falls, South Dakota

  57104
(Address of principal executive offices)   (Zip code)

Wells Fargo & Company

Law Department, Trust Section

MAC N9305-175

Sixth Street and Marquette Avenue, 17th Floor

Minneapolis, Minnesota 55479

(612) 667-4608

(Name, address and telephone number of agent for service)

 

 

CBRE GROUP, INC.

(Exact name of obligor as specified in its charter)

 

 

 

Delaware   94-3391143

(State or other jurisdiction of

incorporation or organization)

 

(I.R.S. Employer

Identification No.)

400 South Hope Street, 25th Floor

Los Angeles, California

  90071
(Address of principal executive offices)   (Zip code)

 

 

CBRE SERVICES, INC.

(Exact name of obligor as specified in its charter)

 

 

 

Delaware   52-1616016

(State or other jurisdiction of

incorporation or organization)

 

(I.R.S. Employer

Identification No.)

400 South Hope Street, 25th Floor

Los Angeles, California

  90071
(Address of principal executive offices)   (Zip code)

 

 

Debt Securities

 

 

CBRE Services, Inc., as Issuer

(Title of the indenture securities)

 

 

TABLE OF ADDITIONAL REGISTRANTS

 

Exact Name of registrant

as specified in its charter

  

State or other jurisdiction

of incorporation or

organization

   I.R.S.
Employer
Identification
Number
  

Address, including zip code, and telephone

number, including area code, of

registrant’s principal

executive offices

CBRE, Inc.    Delaware    95-2743174   

400 South Hope Street,

25th Floor

Los Angeles, California 90071

(213) 613-3333

CBRE Global Investors, Inc.    California    95-3242122   

515 South Flower Street,

Suite 3100

Los Angeles, California 90071

(213) 683-4200

CBRE Global Investors, LLC    Delaware    95-3695034   

515 South Flower Street,

Suite 3100

Los Angeles, California 90071

(213) 683-4200

CB/TCC Global Holdings Limited    England and Wales    98-0518702   

St. Martin’s Court, 10 Paternoster Row

London EC4M 7HP

United Kingdom

+44 (20) 7182-2000

CB/TCC, LLC    Delaware    26-0468617   

400 South Hope Street,

25th Floor

Los Angeles, California 90071

(213) 613-3333

CBRE Capital Markets, Inc.    Texas    74-1949382   

2800 Post Oak Boulevard,

Suite 2100

Houston, Texas 77056

(713) 787-1900

CBRE Capital Markets of Texas, LP    Texas    76-0590855   

2800 Post Oak Boulevard,

Suite 2100

Houston, Texas 77056

(713) 787-1900

CBRE Clarion CRA Holdings, Inc.    Delaware    58-2442753   

201 King of Prussia Road,

Suite 600

Radnor, Pennsylvania 19087

(610) 995-2500

CBRE Clarion REI Holding, Inc.    Delaware    58-2442755   

201 King of Prussia Road,

Suite 600

Radnor, Pennsylvania 19087

(610) 995-2500

CBRE Government Services, LLC    Delaware    80-0659792   

750 9th Street

Suite 900

Washington, District of Columbia 20001

(202) 783-8200

CBRE Business Lending, Inc.    Delaware    80-0456541   

2800 Post Oak Boulevard,

Suite 2100

Houston, Texas 77056

(713) 787-1900

CBRE Technical Services, LLC    Delaware    04-3507926   

400 South Hope Street,

25th Floor

Los Angeles, California 90071

(213) 613-3333

CBRE/LJM Mortgage Company, L.L.C.    Delaware    74-2900986   

2800 Post Oak Boulevard,

Suite 2100

Houston, Texas 77056

(713) 787-1900

CBRE Partner, Inc.    Delaware    37-1717636   

400 South Hope Street,

25th Floor

Los Angeles, California 90071

(213) 613-3333

Insignia/ESG Capital Corporation    Delaware    51-0390846   

400 South Hope Street,

25th Floor

Los Angeles, California 90071

(213) 613-3333

Trammell Crow Development & Investment, Inc.    Delaware    20-5973401   

2100 McKinney Avenue,

Suite 800

Dallas, Texas 75201

(214) 863-3000

Trammell Crow Company, LLC    Delaware    45-3812031   

2100 McKinney Avenue,

Suite 800

Dallas, Texas 75201

(214) 863-3000

CBRE Consulting, Inc.    California    68-0149728   

400 South Hope Street,

25th Floor

Los Angeles, California 90071

(213) 613-3333

CBRE/ LJM-Nevada, Inc.    Nevada    76-0592505   

400 South Hope Street,

25th Floor

Los Angeles, California 90071

(213) 613-3333

CBRE GWS LLC    Delaware    52-1616016   

2100 Ross Avenue

Dallas, Texas 75201

(214) 979-6100

 

 

 


Item 1. General Information. Furnish the following information as to the trustee:

 

  (a) Name and address of each examining or supervising authority to which it is subject.

Comptroller of the Currency

Treasury Department

Washington, D.C.

Federal Deposit Insurance Corporation

Washington, D.C.

Federal Reserve Bank of San Francisco

San Francisco, California 94120

 

  (b) Whether it is authorized to exercise corporate trust powers.

The trustee is authorized to exercise corporate trust powers.

Item 2. Affiliations with Obligor. If the obligor is an affiliate of the trustee, describe each such affiliation.

None with respect to the trustee.

No responses are included for Items 3-14 of this Form T-1 because the obligor is not in default as provided under Item 13.

Item 15. Foreign Trustee. Not applicable.

Item 16. List of Exhibits. List below all exhibits filed as a part of this Statement of Eligibility.

 

Exhibit 1.    A copy of the Articles of Association of the trustee now in effect.*
Exhibit 2.    A copy of the Comptroller of the Currency Certificate of Corporate Existence for Wells Fargo Bank, National Association, dated January 14, 2015.*
Exhibit 3.    A copy of the Comptroller of the Currency Certification of Fiduciary Powers for Wells Fargo Bank, National Association, dated January 6, 2014.*
Exhibit 4.    Copy of By-laws of the trustee as now in effect.*
Exhibit 5.    Not applicable.
Exhibit 6.    The consent of the trustee required by Section 321(b) of the Act.
Exhibit 7.    A copy of the latest report of condition of the trustee published pursuant to law or the requirements of its supervising or examining authority.
Exhibit 8.    Not applicable.
Exhibit 9.    Not applicable.

 

* Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as an exhibit to the Filing 305B2 dated March 13, 2015 of file number 333-190926.


SIGNATURE

Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the trustee, Wells Fargo Bank, National Association, a national banking association organized and existing under the laws of the United States of America, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Los Angeles and State of California on the 30th day of November, 2017.

 

WELLS FARGO BANK, NATIONAL ASSOCIATION

/s/ MICHAEL Q. TU

Michael Q. Tu
Vice President


EXHIBIT 6

November 27, 2017

Securities and Exchange Commission

Washington, D.C. 20549

Gentlemen:

In accordance with Section 321(b) of the Trust Indenture Act of 1939, as amended, the undersigned hereby consents that reports of examination of the undersigned made by Federal, State, Territorial, or District authorities authorized to make such examination may be furnished by such authorities to the Securities and Exchange Commission upon its request therefor.

 

Very truly yours,
WELLS FARGO BANK, NATIONAL ASSOCIATION

/s/ MICHAEL Q. TU

Michael Q. Tu
Vice President


Exhibit 7

Consolidated Report of Condition of

Wells Fargo Bank National Association

of 101 North Phillips Avenue, Sioux Falls, SD 57104

And Foreign and Domestic Subsidiaries,

at the close of business September 30, 2017, filed in accordance with 12 U.S.C. §161 for National Banks.

 

            Dollar Amounts
In Millions
 

ASSETS

     

Cash and balances due from depository institutions:

     

Noninterest-bearing balances and currency and coin

      $ 18,593  

Interest-bearing balances

        205,447  

Securities:

     

Held-to-maturity securities

        142,316  

Available-for-sale securities

        254,889  

Federal funds sold and securities purchased under agreements to resell:

     

Federal funds sold in domestic offices

        118  

Securities purchased under agreements to resell

        30,628  

Loans and lease financing receivables:

     

Loans and leases held for sale

        7,834  

Loans and leases, net of unearned income

     924,987     

LESS: Allowance for loan and lease losses

     10,292     

Loans and leases, net of unearned income and allowance

        914,695  

Trading Assets

        45,303  

Premises and fixed assets (including capitalized leases)

        7,810  

Other real estate owned

        691  

Investments in unconsolidated subsidiaries and associated companies

        11,686  

Direct and indirect investments in real estate ventures

        339  

Intangible assets

     

Goodwill

        22,481  

Other intangible assets

        16,825  

Other assets

        58,325  
     

 

 

 

Total assets

      $ 1,737,980  
     

 

 

 

LIABILITIES

     

Deposits:

     

In domestic offices

      $ 1,242,149  

Noninterest-bearing

     425,384     

Interest-bearing

     816,765     

In foreign offices, Edge and Agreement subsidiaries, and IBFs

        118,326  

Noninterest-bearing

     929     

Interest-bearing

     117,397     

Federal funds purchased and securities sold under agreements to repurchase:

     

Federal funds purchased in domestic offices

        12,165  

Securities sold under agreements to repurchase

        6,652  


            Dollar Amounts
In Millions
 

Trading liabilities

        10,606  

Other borrowed money

(includes mortgage indebtedness and obligations under capitalized leases)

     

 

131,262

 

Subordinated notes and debentures

        12,971  

Other liabilities

        40,287  
     

 

 

 

Total liabilities

      $ 1,574,418  

EQUITY CAPITAL

     

Perpetual preferred stock and related surplus

        0  

Common stock

        519  

Surplus (exclude all surplus related to preferred stock)

        111,189  

Retained earnings

        51,446  

Accumulated other comprehensive income

        20  

Other equity capital components

        0  
     

 

 

 

Total bank equity capital

        163,174  

Noncontrolling (minority) interests in consolidated subsidiaries

        388  
     

 

 

 

Total equity capital

        163,562  
     

 

 

 

Total liabilities, and equity capital

      $ 1,737,980  
     

 

 

 

I, John R. Shrewsberry, Sr. EVP & CFO of the above-named bank do hereby declare that this Report of Condition has been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and is true to the best of my knowledge and belief.

John R. Shrewsberry

Sr. EVP & CFO    

We, the undersigned directors, attest to the correctness of this Report of Condition and declare that it has been examined by us and to the best of our knowledge and belief has been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and is true and correct.

Directors

Enrique Hernandez, Jr

Federico F. Pena

James Quigley