CCREI is an unlisted, closed-end fund registered under the Investment Company Act of 1940.

CCREI intends to invest throughout the real estate capital structure to offer investors access to a diversified portfolio of commercial real estate (CRE) and real estate-related investments, such as CRE securities, CRE debt and CRE equity. Additionally, the portfolio will extend to multiple property types and geographic regions throughout the U.S.

Executive Officers

  • Kevin P. Traenkle

    Chairman of the Board, Chief Executive Officer and President

  • Frank V. Saracino

    Chief Financial Officer and Treasurer

  • William Hughes, III

    Chief Operating Officer

  • Sandra M. Forman

    General Counsel, Chief Compliance Officer and Secretary

Board of Trustees


The Fund will be advised by CNI RECF Advisors, LLC, an affiliate of Colony Capital.


As of June 30, 2018.


Represents investors in NorthStar Real Estate Income Trust, NorthStar Real Estate Income II, NorthStar Healthcare Income and NorthStar/RXR New York Metro Real Estate.