Realty Finance Corporation (OTCPK:RTYF.Z) acquired ClearVue Management, Inc. for $8.9 million on August 5, 2013. Under the terms of the agreement, total 6.55 million shares of common stock, warrants to purchase up to an aggregate of 3.76 million shares of Realty Finance's common stock, $2.935 million of new 8% perpetual preferred stock and a new 4% $5 million non-recourse note of Realty Finance Corporation were issued. ClearVue Management, Inc. reported total revenues of $2.25 million, total assets of $8.63 million, operating loss of $0.59 million, Net loss of $0.49 million and total common equity of $7.52 million for the period ending December 31, 2012. Post transaction, Realty Finance Corporation will change its name to CV Holding Inc. Matt Regan, Dennis Regan, David Haddad and Jonny Harmer, who comprised ClearVue Management's senior management, will become Executive Vice Presidents of Realty Finance Corporation.

Ricardo Koenigsberger and Kenneth Witkin, who have been serving as Realty Finance Corporation Directors, will continue to serve in such capacity and will become Co-Chief Executive Officers. Jonny Harmer, ClearVue Management's Chief Financial Officer will become Chief Financial Officer of Realty Finance Corporation. Realty Finance Corporation new Board of Directors will initially include four Directors: David Haddad, Ricardo Koenigsberger, Matt Regan and Kenneth Witkin. Realty Finance Corporation will move its headquarters to Newport Beach, CA. Realty Finance Corporation Board of Directors unanimously approved the merger. Raj Tanden of Buchalter Nemer acted as legal advisor to Realty Finance.

Realty Finance Corporation (OTCPK:RTYF.Z) completed the acquisition of ClearVue Management, Inc. on August 5, 2013.