Digitalbridge Group, Inc. · NYSE:DBRG
Digitalbridge — Colony Capital — Q3 2019 Earnings Presentation
11 slides from Digitalbridge's earnings presentation, Nov 8, 2019
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 Today
|. Corporate Overview — Colony Capital Today Colony Capital, Inc. (NYSE: CLNY) is a leading global investment management firm with assets under management of $53 billion, including the management of $14 billion of digital real estate through Digital Bridge, and an owner/operator of significant holdi
Slide 3: Corporate Overview — Colony Capital 2.0
|. Corporate Overview — Colony Capital 2.0 In July 2019, Colony Capital combined with Digital Bridge Holdings, the premier investment manager dedicated to digital real estate, for $329 million of cash and OP unit consideration, which will reposition Colony to become the leading platform for digital
Slide 4: Current Business Overview
|. Corporate Overview — Current Business Overview Colony Capital has currently significant holdings in commercial real estate, most of which is complementary to its investment management business REAL ESTATE VERTICALS: ~$14Bn Colony Balance Sheet Interest GLOBAL HEALTHCARE INDUSTRIAL $3.7Bn PORTFOLI
Slide 5: 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 Property Count 371 (404 Buildings) Beds / Units ~22,100 MOB Total SF 3.8MM 3Q19 Consolidated NOI $71MM Sr. Housing
Slide 6: Industrial Real Estate Vertical
|. Corporate Overview — Industrial Real Estate Vertical Entered into definitive agreements for the sale of the Company's light industrial portfolio, including the related operating platform, for an aggregate $5.7 billion, which is anticipated to result in net cash sale proceeds of approximately $1.2
Slide 7: Hospitality Real Estate Vertical
|. Corporate Overview — Hospitality Real Estate Vertical Attractive select service portfolio with strong cash flow profile and leading operator relationships Hotels 158 Keys 20,788 3Q19 Consolidated NOI before FF&E Reserve $77MM 3Q19 Occupancy 78.8% 3Q19 ADR $131 3Q19 RevPAR $103 3Q19 NOI Margin 35%
Slide 8: Colony Credit Real Estate (CLNC)
|. Corporate Overview — Colony Credit Real Estate (CLNC) Real estate credit REIT, externally managed by CLNY, with $5.6 billion of assets and $2.2 billion of net book value Key Stats as of 9/30/1 Monthly Dividend / Share $0.10 Annualized Dividend / Share * $1.20 Total At-Share Assets 2 $5.6Bn Book E
Slide 9: Other Equity and Debt
|. Corporate Overview — Other Equity and Debt Total $2.8Bn Assets and $1.6Bn Net Equity; Non-Strategic OED totals $1.7Bn of assets and $0.9Bn of net equity, which will be monetized in near term to simplify the balance sheet and generate capital for strategic initiatives i Tolka Loan Portfolio — Stra
Slide 10: Investment Management
|. Corporate Overview — Investment Management Diversified sources of third party capital across multiple product offerings and asset classes within real estate Digital Bridge Holdings (“DBH”) * On July 25, 2019, the Company, acquired DBH, the premier investment manager dedicated to the next generati
Slide 11: Financial Overview - Summary Metrics
IIa. Financial Overview - Summary Metrics ($ and shares in thousands, except per share data and as noted; as of or for the three months ended September 30, 2019, unless otherwise noted) (Unaudited) Financial Data Net income (loss) attributable to common stockholders $ (554,953 ) Net income (loss) at