CBRE Not Entitled To Ch. 11 Sale Commission: Megachurch

Law360, New York (December 9, 2011, 6:38 PM EST) -- Beleaguered evangelical group Crystal Cathedral Ministries asked a California bankruptcy judge Thursday to reject real estate firm CBRE's bid for a $575,000 commission from the $57.5 million sale of the group's megachurch property, saying CBRE was never actually retained as a broker.

Crystal Cathedral said it rejected a proposed listing agreement by CBRE in July for the sale of the group's Garden Grove, Calif., church and the surrounding campus and procured a buyer for the property — the Roman Catholic Diocese of Orange, Calif. — without...
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