NorthStar Real Estate Capital Income
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Provided that the REIT Subsidiary qualifies as a REIT, distributions made to the Master Fund out of the REIT Subsidiary’s current or accumulated earnings and profits, and not
(3) Amount assumes that the Trust raises $100.0 million of proceeds in this offering during the following twelve months and uses $91.08 million of such proceeds (net of sales load
Provided that the REIT Subsidiary qualifies as a REIT, distributions made to the Master Fund out of the REIT Subsidiary’s current or accumulated earnings and profits, and not
If the REIT Subsidiary receives interest income with respect to a mortgage loan that is secured by both real property and other property and the highest principal amount of the
Provided that the REIT Subsidiary qualifies as a REIT, distributions made to the Master Fund out of the REIT Subsidiary’s current or accumulated earnings and profits, and not
If the REIT Subsidiary receives interest income with respect to a mortgage loan that is secured by both real property and other property and the highest principal amount of the
If the REIT Subsidiary receives interest income with respect to a mortgage loan that is secured by both real property and other property and the highest principal amount of the
In planning and performing our audit of the financial statements of NorthStar Real Estate Capital Income Fund ("the RE Capital Fund") as of and for the year ended December
