X0306 4 2017-06-15 0001655199 NorthStar Real Estate Capital Income Fund XNAFX 0001679688 Colony NorthStar, Inc. 515 SOUTH FLOWER ST 44TH FLOOR LOS ANGELES CA 90071 false false true false 0001695854 Colony Capital Operating Company, LLC 515 SOUTH FLOWER ST 44TH FLOOR LOS ANGELES CA 90071 0 0 1 0 0001666397 NSAM FV Holdings, LLC C/O COLONY NORTHSTAR, INC, 515 SOUTH FLOWER STREET, 44TH FLOOR LOS ANGELES CA 90071 0 0 1 0 Class A Common Shares 2017-06-15 4 P 0 538461.538 9.10 A 726846.23 I By NSAM FV Holdings, LLC Colony NorthStar, Inc. ("CLNS") disclaims beneficial ownership of these securities, except to the extent of its pecuniary interest therein. NSAM FV Holdings, LLC is a wholly-owned subsidiary of Colony Capital Operating Company, LLC ("CCOC"), which is a majority-owned subsidiary of CLNS. /s/ David A. Palame, Chief Compliance Officer of Colony NorthStar, Inc., in its own capacity and as managing member of Colony Capital Operating Company, LLC, in its own capacity and as managing member of NSAM FV Holdings, LLC 2017-06-16