Digitalbridge Group, Inc. · NYSE:DBRG
Digitalbridge — Colony Capital — Q1 2020 Earnings Presentation
12 slides from Digitalbridge's earnings presentation, May 8, 2020
Slide 1: Cautionary Statement Regarding Forward-Looking Statements
Cautionary Statement Regarding Forward-Looking Statements This presentation may contain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and
Slide 2: Corporate Overview — Colony Capital
|. Corporate Overview — Colony Capital Colony Capital, Inc. (NYSE: CLNY) is a global investment firm focused on building, financing, and owning digital infrastructure assets to serve the world’s leading technology and telecommunications companies. ° Founded in 1991 by Thomas J. Barrack, Jr., Colony
Slide 3: Business Overview
|. Corporate Overview — Business Overview Colony owns and operates an investment management business with $38 billion of assets under management and investment interests on its balance sheet, which both work together to align the interests of both public shareholders and private limited partners and
Slide 4: Corporate Overview — Digital Overview
I. Corporate Overview — Digital Overview $21 billion of AUM, of which $20 billion is investment management and $0.5 billion is on Colony’s balance sheet, both of which are expected to grow as the Company continues its Digital evolution Investment Management Strategies — Digital Colony Partners | (“D
Slide 5: Digital Investment Management
|. Corporate Overview — Digital Investment Management Digital investment management is now the largest within Colony’s investment management business and is expected to be the dominant driver of growth for the Company Since 2017, Colony has raised ~$5 billion in 3 party capital to invest in digital
Slide 6: Digital Balance Sheet
|. Corporate Overview — Digital Balance Sheet Colony has deployed approximately $330 million of its balance sheet representing $520 million of AUM (inclusive of leverage) into digital infrastructure investments primarily comprised of its interest in DataBank and GP co-investment in DCP Key Stats as
Slide 7: Other Investment Management
|. Corporate Overview — Other Investment Management Colony continues to manage legacy investment management vehicles including private institutional funds, CLNC, non-traded healthcare REIT and interests in certain REIM platforms Other Institutional Funds * Includes real estate credit funds and other
Slide 8: Healthcare Real Estate Vertical
|. Corporate Overview — Healthcare Real Estate Vertical Diversified and scaled portfolio; balance sheet portfolio synergistic with ~$3Bn AUM Healthcare non- traded REIT managed by CLNY Consolidated Key Stats as of 3/31/20 Geographic Overview (% of 1Q20 NOI) Property Count 357 Beds / Units ~21,500 MO
Slide 9: Hospitality Real Estate Vertical
|. Corporate Overview — Hospitality Real Estate Vertical Attractive select service portfolio with strong cash flow profile and leading operator relationships Hotels 157 Keys 20,639 1Q20 Consolidated NOI before FF&E Reserve $33MM 1Q20 Occupancy 58.6% 1Q20 ADR $127 1Q20 RevPAR $74 1Q20 NOI Margin 21%
Slide 10: Colony Credit Real Estate (CLNC)
|. Corporate Overview — Colony Credit Real Estate (CLNC) Real estate credit REIT, externally managed by CLNY, with $5.4 billion of assets and $2.0 billion of net book value Key Stats as of 3/31/20 1Q20 Core Earnings (Core Port.) $46MM Per Share $0.35 Total At-Share Assets 1 $5.4Bn Net Book Value 4 $
Slide 11: Other Equity and Debt
|. Corporate Overview — Other Equity and Debt Total $2.8Bn Assets and $1.6Bn Net Equity; Segment includes GP co-investments (alongside fee bearing capital), real estate equity, real estate debt, net lease and PE secondary & CDO interests; All assets in the OED segment are budgeted to ultimately mone
Slide 12: Financial Overview - Summary Metrics
IIa. Financial Overview - Summary Metrics ($ and shares in thousands, except per share data and as noted; as of or for the three months ended March 31, 2020, unless otherwise noted) (Unaudited) Financial Data Net income (loss) attributable to common stockholders $ (361,633 ) Net income (loss) attrib