CapitalSource Inc. in Chevy Chase, Md., said it plans to give up its status as a real estate investment trust and reorganize as a bank holding company.

The company, which received a California commercial bank charter in July when it acquired $5.2 billion of deposits, 22 branches and some assets from Fremont General Corp.'s Fremont Investment and Loan, said this week that it has submitted an application with the Federal Reserve Board to become a bank holding company, and that it hopes to begin operating as one in January.

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