Portfolio Summary1 as of December 31, 2016
Number of Investments
Number of Properties2
26 U.S. States
This portfolio snapshot is as of December 31, 2016, adjusted for acquisitions, dispositions and commitments to purchase and sell through March 10, 2017. 1) Based on principal amount for real estate debt and securities investments, fair value for our private equity fund investments (PE Fund Investments) and cost for real estate equity investments, which includes purchase price allocations related to net intangibles, deferred costs and other assets. As of March 10, 2017, includes future funding commitments of $17.7 million for senior loans and $8.6 million for subordinate interests and deferred purchase price obligations of $23.4 million, net of discount, for PE Investment III. Includes three senior participation interests in senior loans totaling $28.3 million of principal, including future funding commitments of $4.6 million. 2) Does not include commercial mortgage-backed securities (CMBS) or PE Fund Investments.*NorthStar Real Estate Income II, Inc. does not own all of the 102 properties.