Colony Credit Real Estate (CLNC) Misses Q3 EPS by 3c

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Go back to Colony Credit Real Estate (CLNC) Misses Q3 EPS by 3c

Colony Credit Real Estate, Inc. Announces Third Quarter 2019 Financial Results And Significant Corporate Events

November 7, 2019 4:05 PM EST

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 third quarter ended September 30, 2019 and certain updates.

Kevin P. Traenkle, President and Chief Executive Officer of Colony Credit Real Estate, commented, For several reasons, the third quarter has been a landmark period for the Company. First, our Core Portfolio and primary business of providing high-quality commercial real estate loans continues to grow and perform well, as evidenced by over $480 million of new quarterly originations. Additionally, we successfully closed an... More