NorthStar Real Estate Capital Income
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Pursuant to the Expense Support Agreements, NSAM FV will reimburse, on a quarterly basis, the Trust and the Master Fund for expenses in an amount equal to the difference between
The Trust and the Master Fund intend to elect to be treated, and to intend to qualify annually, as RICs under Subchapter M of the Code beginning with the taxable year ending
This Supplement supplements and amends the section of the Prospectus entitled “Management of the Trust and the Master Fund— Trustee Independence" on page 123 by replacing the
Traenkle has been Chairman and an Interested Trustee of the Board of Trustees, Chief Executive Officer and President of the Trust and the Master Fund since December 15, 2017, and
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
This Supplement supplements and amends the table in the section entitled “Management of the Trust and the Master Fund—Board of Trustees and Executive Officers—Executive Officers”
This Supplement supplements and amends the table in the section of the Prospectus entitled “Management of the Trust and the Master Fund—Board of Trustees and
