NorthStar Real Estate Income Inc. and NorthStar Real Estate Income II Inc. will hold special shareholder meetings to vote on the companies' proposed merger with Colony NorthStar Inc.'s select portfolio of assets and liabilities.
The merger would form Colony NorthStar Credit Real Estate Inc., a commercial real estate credit investment trust with roughly $5.5 billion in assets and $3.4 billion in equity value.
The meetings are scheduled for Jan. 18, 2018. NorthStar and NorthStar II are public, nontraded real estate investment trusts sponsored by Colony NorthStar.
