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CLNC News and Press, Colony Credit Real Estate Inc. Class A

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Company Name: Colony Credit Real Estate Inc. Class A
Stock Symbol: CLNC
Market: NYSE

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CLNC - BrightSpire Capital, Inc. (Formerly Colony Credit Real Estate) Announces Sale of Portfolio of Development and Non-Accrual Investments for $223 Million

Portfolio Sale Projected to be Substantially in Line with Company’s Book Value BrightSpire Capital, Inc. (NYSE: BRSP) (“BrightSpire Capital” or the “Company”), formerly known as Colony Credit Real Estate, Inc. (NYSE: CLNC), one of the large...

CLNC - Walking An Inflation Tightrope

U.S. equity markets rebounded following the worst week since February on promises of bipartisan progress on a significantly slimmed-down infrastructure package, reflecting concern that additional stimulus could further inflame inflation. Delivering its best week since February and clo...

CLNC - DigitalBridge: 5 Reasons That Would Keep This Amazing Run Alive

As human beings, we often find it hard/impossible to let the past go. As investors, it's not only easier, but it's worthwhile doing that. The Colony-NorthStar stuff has been quite a horror story for many investors, over many years. But then came Marc Ganzi. People frequently talk ...

CLNC - BrightSpire Capital, Inc. Completes Name Change from Colony Credit Real Estate, Inc.

BrightSpire Capital, Inc. (“BrightSpire Capital” or the “Company”) announced today its successful name change from Colony Credit Real Estate, Inc. The Company has also changed its principal place of business and corporate headquarters from Los Angeles to New ...

CLNC - Fed Sparks Sell-Off As Shortages Worsen

U.S. equity markets slid to their worst week since February after the Federal Reserve accelerated its "lift-off" plans in response to surging inflation, sparking a sell-off in economically sensitive assets. Snapping a three-week winning streak and retreating from record-highs set...

CLNC - Colony Credit Real Estate changes name to BrightSpire Capital

Colony Credit Real Estate (CLNC) will rebrand to BrightSpire Capital and trade under the new ticker symbol, BRSP, effective June 24, 2021, leaving behind the Colony brand name after ending its management with Colony Capital.Last week, Colony Capital said it will rebrand as DigitalBridge ...

CLNC - Colony Credit Real Estate, Inc. Announces Rebrand and Name Change to BrightSpire Capital, Inc.

Corporate Rebrand Reflects the Company’s Rise as Self-Managed Business Colony Credit Real Estate, Inc. (NYSE: CLNC) (the “Company”) today announced plans to change its corporate name and rebrand to BrightSpire Capital, Inc. As part of the name change, th...

CLNC - Inflation Is Worse Than It Looks

U.S. equity markets rallied to fresh record highs this past week as long-term interest rates retreated despite inflation data showing the highest annual rise in consumer prices in decades. A seemingly insatiable bid for Treasury Bonds - a counterintuitive trend that some analysts like...

CLNC - Shares of Colony Credit Real Estate Inc. Class A (CLNC) Rise Above Previous 52-Week High

Shares of Colony Credit Real Estate Inc. Class A (NYSE:CLNC) traded at a new 52-week high today of $9.78. This new high was reached on below average trading volume as 161,000 shares traded hands, while the average 30-day volume is approximately 312,000 shares. Colony Credit Real Estate I...

CLNC - REITs Getting Short Squeezed

U.S. equity markets flirted with fresh record-highs this week as concerns regarding economic "overheating" cooled after employment data showed that job growth fell short of expectations for the second straight month. Finishing on the cusp of fresh record-highs, the S&P 500 rallied...

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