Thank you for sharing!

Your article was successfully shared with the contacts you provided.

LOS ANGELES—Publicly traded REIT Colony Financial Inc. and Colony Capital LLC are making it official, swapping their previously announced non-binding agreement to merge with a definitive one. The deal is valued at up to $657.5 million, and calls for substantially all of Colony Capital’s real estate and investment management businesses and operations to go to CLNY. Representing about $19 billion in assets under management and $13 billion of equity under management, the deal does not include Colony American Homes, the self-managed REIT in the single-family rental sector.


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.