Colony Capital (CLNY) Reports Q1 FFO of $0.01

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Colony Capital Announces First Quarter 2021 Financial Results

May 6, 2021 8:00 AM EDT

BOCA RATON, Fla.--(BUSINESS WIRE)-- Colony Capital, Inc. (NYSE: CLNY) and subsidiaries (collectively, Colony Capital, or the Company) today announced financial results for the first quarter ended March 31, 2021. The Company reported first quarter 2021 total revenues of $316 million, GAAP net income attributable to common stockholders of $(265) million, or $(0.56) per share and Core FFO of $4.0 million, or $0.01 per share.

During the first quarter we made... More