Contact Us
News

Three-Way Merger Creates $58B REIT

National
Placeholder

Colony Capital has inked a deal to merge with NorthStar Asset Management and NorthStar Realty Finance to form a new REIT called Colony NorthStar, which will have a total of $58B assets under management.

Colony Capital founder and chair Thomas Barrack said a major goal of the merger is to create a more competitive company in the marketplace, Private Equity Real Estate News reports.

Continue reading this story with a free account.

Log in or Register