December 23, 2020

Colony Capital Announces Additional Legacy Asset Sales

LOS ANGELES–(BUSINESS WIRE)–Colony Capital, Inc. (NYSE: CLNY) (“Colony” or the “Company”) today announced the monetization of additional legacy Other Equity and Debt (“OED”) portfolio holdings, generating total net proceeds to Colony of $181 million. The Company’s Cortland Multifamily Preferred Equity investment was successfully refinanced by the issuer, providing net proceeds to Colony of $125 million, the Company’s Origination DrillCo Joint Venture investment was monetized for net proceeds

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