Transactions


$2.8 billion in loans closed

a portfolio company of funds managed by

a portfolio company of funds managed by

sold its equity and substantially all of its assets to certain funds managed by affiliates of

sold its equity and substantially all of its assets to certain funds managed by affiliates of

Financial advisor to Colony American Finance

Financial advisor to Colony American Finance

July 2017

Freeman & Co. Acted as Financial Advisor to Colony American Finance
Date
July 2017
Industry
Asset Management, Real Estate, Specialty Finance
Transaction
Sell-Side M&A

Colony American Finance has agreed to sell its equity and substantially all of its assets to funds managed by Fortress Investment Group

July 2017 – Funds affiliated with Fortress Investment Group have agreed to acquire 100% of the equity and substantially all of the assets of Colony American Finance, LLC (“CAF”) from affiliated funds managed by Colony NorthStar, Inc.

As part of the transaction, CAF will be rebranded CoreVest American Finance and will continue to be led by the current CAF senior management team.

CAF is a stand-alone specialty finance company focused exclusively on providing loan products to residential real estate investors.

Products are used to finance single family, 2-4 unit, townhome, condo and small multifamily properties for customers across the US:

- Portfolio and single asset term loans for stabilized rental properties.

- Short term bridge loans for rental aggregation or fix-and-flip.

Since 2014 inception, CAF has closed over $2.8 billion in aggregate loans, representing over 20,000 properties financed across 42 states.

Freeman & Co. acted as exclusive financial advisor to Colony American Finance on the transaction.