Colony NorthStar Credit Real Estate, Inc. (CLNC) Misses Q1 EPS by 19c
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Colony Credit Real Estate, Inc. Announces First Quarter 2019 Financial Results
May 8, 2019 4:01 PM EDTLOS ANGELES--(BUSINESS WIRE)-- Colony Credit Real Estate, Inc. (NYSE: CLNC) (Colony Credit Real Estate or the Company) today announced its financial results for the first quarter ended March 31, 2019.
Kevin P. Traenkle, President and Chief Executive Officer of Colony Credit Real Estate, commented, 2019 is off to a good start for Colony Credit Real Estate. Our operating performance is on budget and we have successfully executed the first of our planned strategic transactions -- the disposal of approximately 89% of our interests in real estate private equity funds. The aggregate sales price of approximately $142... More
