Who We Are
NorthStar Real Estate Capital Income Master Fund (NorthStar Capital) is an unlisted, closed-end fund registered under the Investment Company Act of 1940. NorthStar Capital intends to primarily invest in commercial real estate (CRE) and real estate-related debt and preferred equity, direct investments in CRE properties, indirect investments through private equity funds and joint ventures, as well as investments in CRE securities. NorthStar Capital seeks to provide shareholders attractive and consistent income through cash distributions, preservation and protection of capital, along with an opportunity for capital appreciation.
NorthStar Capital is a master fund, which offers its shares to the public indirectly through feeder funds. There are currently two feeder funds: NorthStar Real Estate Capital Income Fund and NorthStar Real Estate Capital Income Fund-T, which in combination offer four share classes. An investor purchases shares of a feeder fund and each feeder fund purchases shares of NorthStar Capital, which executes the investment strategies described herein and in each Fund’s prospectus. For more information, click here to visit the offering details page.
NorthStar Capital's Investment Objectives
Attractive and Consistent Income
Through cash distributions1
Preservation of Capital
Exposure to institutional quality real estate investments intended to preserve and protect capital
An opportunity for capital appreciation and risk-adjusted returns
NorthStar Securities, LLC
NorthStar Securities, LLC (NorthStar Securities) is the broker-dealer affiliate of Colony NorthStar, Inc. and the dealer-manager for NorthStar Capital's public offering. NorthStar Securities strives to assist financial advisors and their clients in making informed investment decisions to meet their financial goals. Based in Denver, NorthStar Securities is registered with the SEC and is a member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC).
*There is no assurance we will achieve any of our investment objectives. 1) There is no guarantee of distributions. Distributions may be paid from sources other than cash flow from operations, including offering proceeds, borrowings or sales of assets, which may reduce an investor’s overall return and may constitute a return of capital. Investors in NorthStar Real Estate Capital Income Fund-T (Fund-T) shares will be subject to a distribution and servicing fee at an annualized rate of 1.0% of the net asset value (NAV) per share in order to compensate the dealer manager and participating broker-dealers and investment representatives for services and expenses related to the marketing, sale and distribution of Fund-T’s shares, which will begin the first month after the completion of the Fund-T offering. Because the distribution and servicing fee is paid out of Fund-T assets on a monthly basis, over time these fees will increase the cost of an investment in Fund-T.