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NorthStar Real Estate Income to offer $200M in common stock

NorthStar RealEstate Income II Inc. on April 27 filed a preliminary prospectus foran offering of $200 million of its common stock.

The common shares may be offered in any combination of the twoclasses, class A and class T shares.

The company is offering up to $150 million of common stock ina primary offering for an offering price of $10.1672 per class A share and $9.6068per class T share. It is also offering up to $50 million of common stock pursuantto its distribution reinvestment plan at a purchase price of $9.79 per class A shareand $9.25 per class T share.

The company intends to use the proceeds for investments and,upon investment in its targeted assets, to pay an acquisition fee to its adviserfor services in connection with the selection, origination or acquisition, as applicable,of its commercial real estate debt, equity and securities investments. The remainderof the proceeds will be used to pay offering costs, including selling commissionsand dealer manager fees.