X0206 3 2016-03-31 0 0001661806 NorthStar Real Estate Capital Income Fund-T NONE 0001666397 NSAM FV Holdings, LLC C/O NORTHSTAR ASSET MGMT GROUP INC. 399 PARK AVENUE, 18TH FLOOR NEW YORK NY 10022 false false true false 0001597503 NorthStar Asset Management Group Inc. 399 PARK AVENUE 18TH FLOOR NEW YORK NY 10022 0 0 1 0 0001669004 NSAM LP C/O NORTHSTAR ASSET MGMT GROUP INC. 399 PARK AVENUE, 18TH FLOOR NEW YORK NY 10022 0 0 1 0 0001671259 NorthStar Asset Management Group, LLC C/O NORTHSTAR ASSET MANAGMENT GROUP INC. 399 PARK AVENUE, 18TH FLOOR NEW YORK NY 10022 0 0 1 0 Common Shares 11001.10 D These shares are owned directly by NSAM FV Holdings, LLC, which is a wholly-owned subsidiary of NorthStar Asset Management Group, LLC ("NSAM LLC"), which is a wholly-owned subsidiary of NSAM LP, which is a majority-owned subsidiary of NorthStar Asset Management Group Inc. ("NorthStar"). NorthStar, NSAM LP, and NSAM LLC are indirect beneficial owners of the reported securities. /s/ Jenny B. Neslin, Authorized Officer of NSAM FV Holdings, LLC 2016-04-08 /s/ Jenny B. Neslin, Associate General Counsel and Assistant Secretary of NorthStar Asset Management Group Inc. 2016-04-08 /s/ Jenny B. Neslin, Authorized Officer of NSAM LP 2016-04-08 /s/ Jenny B. Neslin, Authorized Officer of NorthStar Asset Management Group, LLC 2016-04-08