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April 25, 2015 9:08 AM ET

Company Overview of Northstar Real Estate Income II, Inc.

Company Overview

Northstar Real Estate Income II, Inc. operates as a subsidiary of NorthStar Realty Finance Corp.

399 Park Avenue

18th Floor

New York, NY 10022

United States

Phone:

212-547-2600

Key Executives for Northstar Real Estate Income II, Inc.

Chairman and Chief Executive Officer
Age: 54
President and Chief Investment Officer
Age: 44
Chief Financial Officer, Principal Accounting Officer and Treasurer
Age: 50
Chief Operating Officer
Age: 40
General Counsel and Secretary
Age: 44
Compensation as of Fiscal Year 2014.

Northstar Real Estate Income II, Inc. Key Developments

Northstar Real Estate Income II, Inc. Originates $36.25 Million Senior Loan Secured by Select-Service Hotel in Sunnyvale, California

NorthStar Real Estate Income II, Inc. (NorthStar Income II) announced that it originated a $36.25 million senior secured by a 136-room select-service hotel located in Sunnyvale, California. Investment highlights include: Located in the heart of Silicon Valley, in close proximity to major Internet and technology companies, including Google, Apple and Facebook; Features 10,600 square feet of meeting space; and recently renovated and the borrower plans to complete an additional $2.0 million in capital improvements using proceeds from the senior, for a total of $6.4 million in capital expenditures since 2007 ($47,000/room). This investment represents the third transaction completed between the borrower and investment programs sponsored by NorthStar Asset Management Group Inc. (NSAM), NorthStar Income II's sponsor, totaling $112.5 million. NorthStar Income II's portfolio consists of nine senior mortgage loans with a combined principal amount of $508.2 million and one subordinate interest totaling $24.9 million, as of January 22, 2015.

Northstar Real Estate Income II, Inc. Amends the Terms of its Secured Credit Facility with Deutsche Bank AG, Cayman Islands Branch

On September 25, 2014, NorthStar Real Estate Income II, Inc. amended the terms of its secured credit facility with Deutsche Bank AG, Cayman Islands Branch, increasing the total potential borrowing capacity under the DB Facility from $100.0 million to up to $200.0 million. All other terms governing the DB Facility remain substantially the same.

NorthStar Real Estate Income II, Inc. Originates $17.5 Million Senior Loan Secured by Atlanta Area Multifamily Portfolio

NorthStar Real Estate Income II, Inc. announced that it originated a $17.5 million senior loan secured by a portfolio of three multifamily properties in suburban Atlanta. An experienced Georgia-based real estate developer owns the properties, which contain 893 units and 956,000 square feet. The borrower recently completed a $5.5 million renovation at the properties and plans to make additional improvements using proceeds from the senior loan. In total, affiliates of the borrower have completed five transactions totaling $91.5 million in aggregate loan proceeds with investment vehicles sponsored by NorthStar Asset Management Group Inc., successor to NorthStar Realty Finance Corp.'s asset management business.

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