Colony Credit Real Estate, Inc. Announces Fourth Quarter and Full Year 2018 Financial Results
COLONY CREDIT REAL ESTATE INC (CLNC)
Last colony credit real estate inc earnings: 2/27 04:05 pm
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Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)-- Colony Credit Real Estate, Inc. (NYSE: CLNC) (“Colony Credit Real Estate” or the “Company”) today announced its financial results for the fourth quarter and full year ended December 31, 2018. This press release features multimedia. View the full release here:https://www.businesswire.com/news/home/20190228005866/en/ (Graphic: Business Wire) Kevin P. Traenkle, President and Chief Executive Officer of Colony Credit Real Estate commented, “2018 was a transformational year for Colony Credit Real Estate as we successfully completed our tri-party merger and listed on the NYSE stock exchange. We exceeded our new investment targets by committing over $2 billion of capital, significantly grew total assets with balance across investment type, collateral and geographic diversification, expanded into Europe, de-risked our exposure to retail and hospitality, and prudently increased our leverag
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