LOS ANGELES & NEW YORK--(BUSINESS WIRE)--Feb. 6, 2017--
Colony NorthStar, Inc. (“Colony NorthStar” or the “Company”) (NYSE: CLNS)
today announced that it will release fourth quarter 2016 financial
and operating results of its predecessor, NorthStar Asset Management
Group Inc. (“NSAM”), after the market close on Tuesday, February 28,
2017. The Company will also release fourth quarter 2016 financial and
operating results for Colony Capital, Inc. and NorthStar Realty Finance
Corp., which completed their merger with NSAM in January 2017 to create
Colony NorthStar, a leading global real estate and investment management
The Company will conduct a conference call to discuss the financial
results on Wednesday, March 1, 2017 at 7:00 a.m. PT / 10:00 a.m. ET. To
participate in the event by telephone, please dial (877) 407-4018 ten
minutes prior to the start time (to allow time for registration).
International callers should dial (201) 689-8471. The call will also be
broadcast live over the Internet and can be accessed on the Investor
Relations section of the Company’s website at http://www.clns.com.
A webcast of the call will be available for 90 days on the Company’s
For those unable to participate during the live call, a replay will be
available starting March 1, 2017, at 10:00 a.m. PT / 1:00 p.m. ET,
through March 8, 2017, at 8:59 p.m. PT / 11:59 p.m. ET. To access the
replay, dial (844) 512-2921 (U.S.), and use passcode 13653984.
International callers should dial (412) 317-6671 and enter the same
conference ID number.
About Colony NorthStar, Inc.
Colony NorthStar, Inc. (NYSE:CLNS) is a leading global real estate and
investment management firm. The Company resulted from the January 2017
merger between Colony Capital, Inc., NorthStar Asset Management Group
Inc. and NorthStar Realty Finance Corp. The Company has significant
property holdings in the healthcare, industrial and hospitality sectors,
opportunistic equity and debt investments and an embedded institutional
and retail investment management business. The Company currently has
assets under management in excess of $58 billion and manages capital on
behalf of its stockholders, as well as institutional and retail
investors in private funds, non-traded and traded real estate investment
trusts and registered investment companies. In addition, the Company
owns NorthStar Securities, LLC, a captive broker-dealer platform which
raises capital in the retail market. The firm maintains principal
offices in Los Angeles and New York with more than 500 employees in
offices located across 17 cities in ten countries. The Company will
elect to be taxed as a REIT for U.S. federal income tax purposes. For
additional information regarding the Company and its management and
business, please refer to www.clns.com.
Cautionary Statement Regarding Forward-Looking Statements
This press release may contain forward-looking statements within the
meaning of the federal securities laws. Forward-looking statements
relate to expectations, beliefs, projections, future plans and
strategies, anticipated events or trends and similar expressions
concerning matters that are not historical facts. In some cases, you can
identify forward-looking statements by the use of forward-looking
terminology such as “may,” “will,” “should,” “expects,” “intends,”
“plans,” “anticipates,” “believes,” “estimates,” “predicts,” or
“potential” or the negative of these words and phrases or similar words
or phrases which are predictions of or indicate future events or trends
and which do not relate solely to historical matters. Forward-looking
statements involve known and unknown risks, uncertainties, assumptions
and contingencies, many of which are beyond our control, and may cause
actual results to differ significantly from those expressed in any
forward-looking statement. All forward-looking statements reflect the
Company’s good faith beliefs, assumptions and expectations, but they are
not guarantees of future performance. Additional information about these
and other factors can be found in Colony NorthStar’s and each company’s
respective reports filed from time to time with the Securities and
Colony NorthStar cautions investors not to unduly rely on any
forward-looking statements. The forward-looking statements speak only as
of the date of this press release. Colony NorthStar is under no duty to
update any of these forward-looking statements after the date of this
press release, nor to conform prior statements to actual results or
revised expectations, and Colony NorthStar does not intend to do so.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170206005247/en/
Source: Colony NorthStar, Inc.
Colony NorthStar, Inc.
Vice President and Chief Financial Officer