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25 items- PRBrightSpire Capital, Inc. Announces Fourth Quarter and Full Year 2021 Earnings Results and Conference Call DateBrightSpire Capital, Inc. (NYSE:BRSP) ("BrightSpire Capital" or the "Company") today announced it will release fourth quarter and full year 2021 financial results before the market opens on Tuesday, February 22, 2022. The Company will conduct a conference call to discuss the results the same day at 10:00 a.m. ET/ 7:00 a.m. PT. To participate in the event by telephone, please dial (877) 407-0784 ten minutes prior to the start time (to allow time for registration). International callers should dial (201) 689-8560. The call will also be broadcast live over the Internet and can be accessed on the Shareholders section of the Company's website at www.brightspire.com. A webcast of the call will b
- PRBrightSpire Capital Adjusts Book Value Increases from Co-Invest Portfolio Sale and Preferred Financing PayoffOn December 22, 2021, subsidiaries of BrightSpire Capital, Inc. (NYSE:BRSP) ("BrightSpire Capital" or the "Company"), announced the payoff of its "5-Investment Preferred Financing" following a co-invest portfolio sale. In conjunction with finalizing its year-end results and accounting for the resolution of the co-invest portfolio sale and "5-Investment Preferred Financing payoff", management projects that the combination of these transactions should result in an adjusted net increase of approximately $0.20 to the Company's GAAP book value and approximately $0.35 to undepreciated book value, in each case, approximately $0.33 less than previously reported on December 22, 2021. Fourth quarter
- PRBrightSpire Capital Pays Off $200 Million Preferred Indebtedness to Goldman Sachs Asset Management Vintage FundsProjected Net Increase of $0.53 to Company's GAAP Book Value On December 22, 2021, subsidiaries of BrightSpire Capital, Inc. (NYSE:BRSP) ("BrightSpire Capital" or the "Company"), one of the largest publicly traded commercial real estate (CRE) credit REITs, completed the payoff of its "5-Investment Preferred Financing", previously provided by the Vintage Funds within Goldman Sachs Asset Management. While 4 of the underlying investments were sold in the Company's recently closed co-invest portfolio sale, the payoff of this preferred financing also allows the Company to take back 100% ownership of its triple-net warehouse distribution portfolio leased to a national grocery chain. The combina
- PRFortress Announces Completed Acquisitions of DigitalBridge and BrightSpire Capital Assets for Total Consideration of Nearly $730 MillionAffiliates of Fortress become General Partner to DigitalBridge's DCVR series of funds, co-investment vehicles and other non-digital real estate positions Transactions accelerate strategic transitions of leading digital infrastructure REIT and commercial real estate credit REIT Fortress Investment Group LLC ("Fortress") today announced that its affiliates have completed previously announced transactions with DigitalBridge Group Inc. (NYSE:DBRG, "DigitalBridge"))) and BrightSpire Capital Inc. (NYSE:BRSP, "BrightSpire"))), with total consideration of approximately $730 million. "We have a long and extremely productive history working with the DigitalBridge and BrightSpire teams and could no
- PRBrightSpire Capital, Inc. Closes Previously Announced $223 Million Co-Invest Portfolio Sale to FortressOn December 20, 2021, BrightSpire Capital, Inc. (NYSE:BRSP) ("BrightSpire Capital" or the "Company"), one of the largest publicly traded commercial real estate (CRE) credit REITs, closed the previously announced sale of 5 historical development and/or non-accrual assets to managed vehicles of Fortress Investment Group LLC ("Fortress"), a leading, diversified global investment manager, for gross proceeds of $223 million (the "Co-Invest Portfolio Sale"). The Company received net transaction proceeds of approximately $198 million, primarily due to offsetting distributions from the underlying investments that were received by the Company between signing and closing. "This portfolio sale acc
- PRBrightSpire Capital, Inc. (Formerly Colony Credit Real Estate) Announces Sale of Portfolio of Development and Non-Accrual Investments for $223 MillionPortfolio Sale Projected to be Substantially in Line with Company's Book Value BrightSpire Capital, Inc. (NYSE:BRSP) ("BrightSpire Capital" or the "Company"), formerly known as Colony Credit Real Estate, Inc. (NYSE:CLNC), one of the largest publicly traded commercial real estate (CRE) credit REITs, today announced it has reached an agreement to sell a majority of its historical development and/or non-accrual assets to managed vehicles of Fortress Investment Group LLC ("Fortress"), a leading, diversified global investment manager, for gross proceeds of $223 million (the "Co-Invest Portfolio Sale"). The proceeds are substantially in line with the Company's aggregate GAAP and undepreciated bo
- SECColony Capital, Inc. filed SEC Form 8-K: Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year, Financial Statements and Exhibits8-K - DigitalBridge Group, Inc. (0001679688) (Filer)
- PRColony Capital to Present Next Chapter as DigitalBridge at 2021 Investor DayBegins Trading Under New NYSE Ticker Symbol, DBRG, Today Colony Capital, Inc. (NYSE:CLNY) ("Colony" or the "Company") today announced its rebranding to DigitalBridge and its official name change to DigitalBridge Group, Inc., reflecting the significant business transformation the Company has undergone. Effective today, the Company will begin trading under a new NYSE ticker DBRG. The Company is also hosting its inaugural Investor Day, where the leadership team will present the Company's strategic priorities, opportunities for growth in a dynamic digital infrastructure landscape, and an update on the Company's medium and longer-term financial outlook and guidance. "We are pleased to have a
- ANALYSTWells Fargo initiated coverage on Colony Capital with a new price targetWells Fargo initiated coverage of Colony Capital with a rating of Overweight and set a new price target of $9.25
- PRColony Capital to Present Strategic Priorities and Rebrand as DigitalBridge at its Upcoming 2021 Investor DayColony Capital, Inc. (NYSE:CLNY) ("Colony" or the "Company") today announced that the Company will be holding its inaugural Investor Day virtually on Tuesday, June 22, 2021 starting at 11:00 am ET. During the virtual event, investors will get exposure to the broadest, deepest team in digital infrastructure as the Company shares its strategic priorities, including: Next Chapter as DigitalBridge: Reflecting the significant business transformation the Company has undergone, Colony Capital will rebrand as DigitalBridge and begin trading under a new ticker DBRG, effective June 22, 2021 and will provide more background on the new name, rebrand and logo. Digital Infrastructure Opportunity: T
- INSIDERSEC Form 3: Colony Capital, Inc. claimed ownership of 3,360,308 units of Common Units3 - Colony Capital, Inc. (0001679688) (Reporting)
- SECColony Capital, Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Financial Statements and Exhibits8-K - Colony Capital, Inc. (0001679688) (Filer)
- PRColony Capital Announces Rebrand as DigitalBridgeBOCA RATON, Fla.--(BUSINESS WIRE)--Colony Capital, Inc. (NYSE: CLNY) (the “Company” or “Colony Capital”) today announced a corporate rebranding of the Company to DigitalBridge, effective June 22, 2021. Digital Colony, the Company’s digital infrastructure investment platform, will also change to operate under the DigitalBridge brand. In connection with the transition, the corporate name will be changed to DigitalBridge Group, Inc. and the Company will begin trading under a new NYSE ticker symbol, DBRG, as of June 22, 2021. The new name reflects the significant business transformation the Company has undergone since the leadership and board of directors made the bold decision to ch
- PRColony Capital Announces Sale of Other Equity & Debt (OED) PortfolioBOCA RATON, Fla.--(BUSINESS WIRE)--Colony Capital, Inc. (NYSE: CLNY) (“Colony” or the “Company”), a leading global digital infrastructure REIT, today announced it has reached an agreement to sell the bulk of its OED portfolio of real estate assets to Fortress Investment Group LLC (“Fortress”) a leading, diversified global investment manager, for gross proceeds of $535 million (the “OED Portfolio Sale”). The OED Portfolio Sale proceeds are in line with the net equity carrying value of the underlying assets as of March 31, 2021. The OED Portfolio Sale advances several of the Company’s stated strategic goals Boost Digital Firepower – Over half-billion dollars of capital available
- ANALYSTB. Riley Securities resumed coverage on Colony Capital with a new price targetB. Riley Securities resumed coverage of Colony Capital with a rating of Buy and set a new price target of $11.00
- 13D/GSEC Form SC 13D filed by Colony Capital, Inc.SC 13D - Colony Capital, Inc. (0001679688) (Filed by)
- PRDigital Colony Completes Acquisition of Landmark Dividend LLCEL SEGUNDO, Calif., June 02, 2021 (GLOBE NEWSWIRE) -- Landmark Dividend LLC ("Landmark Dividend"), a leading digital infrastructure company, today announced the completion of its acquisition by affiliates of Digital Colony Management, LLC ("Digital Colony"), a leading global digital infrastructure investment firm. Landmark Dividend owns, among other things, 100% of the membership interests in the general partner (the "General Partner") of Landmark Infrastructure Partners LP (NASDAQ:LMRK) and 13.2% of the common units representing limited partner interests in LMRK. "We are excited about our next chapter with Digital Colony," said Tim Brazy, Chief Executive Officer at Landmark Dividend. "We
- PRDigital Colony Completes Acquisition of Boingo WirelessBoingo Wireless, Inc. ("Boingo" or "the Company") (NASDAQ:WIFI), the leading distributed antenna system ("DAS") and Wi-Fi provider that serves carriers, consumers, property owners and advertisers worldwide, and an affiliate of Digital Colony Management, LLC ("Digital Colony") today announced that funds managed by affiliates of Digital Colony completed their acquisition of Boingo. The transaction, which was previously announced on March 1, 2021, valued Boingo at approximately $854 million, including the assumption of $199 million of Boingo's net debt obligations. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210602005649/en/ Unde
- PRColony Capital to Participate in Upcoming Virtual Investor Conferences in JuneColony Capital, Inc. (NYSE:CLNY) announced today that executives from Colony Capital, Inc., will participate in the following upcoming investor conferences: June 2, 2021: Cowen 49th Annual Technology & Media Telecom Conference Marc Ganzi, President and CEO, Colony Capital, will be participating in a fireside chat at 9:50 a.m. – 10:20 a.m. ET. The Company will also be conducting virtual meetings with investors at the conference. June 7, 2021: Wells Fargo Virtual Media & Telco Day: 5G & Streaming & Beyond Marc Ganzi, President and CEO, Colony Capital, will be participating in a fireside chat at 8:45 a.m. – 9:20 a.m. ET. The Company will also be conducting virtual meetings with investor
- SECColony Capital, Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Financial Statements and Exhibits8-K - Colony Capital, Inc. (0001679688) (Filer)
- PRLiberty Global and Digital Colony to Launch JV to Develop Edge Data Centers in EuropeAtlasEdge will serve growing European demand for scalable data center capacity that brings applications and content closer to the Edge Liberty Global contributing digital real estate holdings into the Joint Venture (JV), highlighting strong underlying value while unlocking growth potential in partnership with Digital Colony JV will create a European Edge infrastructure platform with over 100 active Edge facilities Seasoned industry executive Josh Joshi to become the Executive Chairman of the AtlasEdge Board of Directors upon closing of the JV, with a focus on extending the organization across Europe JV is expected to launch during Q3 2021 and is subject to regulatory approvals
- PRColony Capital to Participate in Upcoming Virtual Investor Conferences in MayColony Capital, Inc. (NYSE:CLNY), a leading global investment firm, announced today that executives from Colony Capital, Inc., and Digital Colony, its digital infrastructure platform, will participate in the following upcoming investor conferences: May 25, 2021: RBC Capital Markets Global Datacenter, Cloud and Broadband Infrastructure Conference The Company and several portfolio company management teams will be participating in a series of panel discussions and fireside sessions. Marc Ganzi, President and CEO, Colony Capital; CEO, Digital Colony, will deliver an online fireside presentation. Sureel Choksi, President and Chief Executive Officer, Vantage Data Centers, will participate
- PRDigital Colony to Acquire Landmark Dividend LLCDigital Colony Intends to Submit Acquisition Proposal for Landmark Infrastructure Partners LP Upon Completion of Sponsor Acquisition Digital Colony Management, LLC ("Digital Colony"), a leading global digital infrastructure investment firm, today announced that affiliates of Digital Colony have entered into a definitive agreement to acquire Landmark Dividend LLC ("LD"), a real estate and infrastructure acquisition and development company (the "Sponsor Acquisition"). LD owns, among other things, 100% of the membership interests in the general partner (the "General Partner") of Landmark Infrastructure Partners LP (NYSE:LMRK) and 13.2% of the common units representing limited partner interest
- SECSEC Form 13F-HR filed by Colony Capital, Inc.13F-HR - Colony Capital, Inc. (0001679688) (Filer)
- INSIDERSEC Form 4: REISS DALE ANNE was granted 25,437 units of Class A Common Stock, increasing direct ownership by 24% to 133,667 units4 - Colony Capital, Inc. (0001679688) (Issuer)