CCREI’s ability to invest throughout the real estate capital structure provides investors exposure to real estate from a variety of positions, offering a continuum of potential benefits and risk profiles.

CCREI carefully analyzes each investment opportunity in order to identify which ones may generate the most compelling risk-adjusted returns and provide investors attractive and consistent income, preserve and protect shareholders’ capital as well as provide an opportunity for appreciation.

Investment Strategy

Investing throughout the real estate capital structure may provide investors
with a spectrum of potential benefits and risk profiles.

CRE Capital Structure

Potential Benefits of CCREI

  • Access to  experienced  institutional managers

    Access to  experienced  institutional managers

  • Daily pricing and periodic liquidity through anticipated quarterly tender offers1

    Daily pricing and periodic liquidity through anticipated quarterly tender offers1

  • Lower correlation to the equity and bond markets

    Lower correlation to the equity and bond markets

*

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

1

The Fund currently intends to limit the number of shares to be repurchased on each date of repurchase to the number of shares the Fund can repurchase with, in the Fund’s Board of Trustee’s (the “Board”) sole discretion, (i) the aggregate proceeds it has received from the issuance of shares pursuant to its dividend reinvestment plan (the “DRP”) for the previous quarter, and/or (ii) the aggregate proceeds it has received from the sale of shares, other than such shares issued pursuant to its DRP, for the previous calendar month, immediately prior to the date upon which the notification to repurchase shares was provided to shareholders of the Fund. The Board may, in its sole discretion, determine to limit the number of shares to be repurchased to an amount that is greater than or less than the amounts described above. Additionally, the Fund will further limit the number of shares to be repurchased in any calendar quarter to 5.0% of the weighted average number of shares outstanding in the previous full calendar quarter prior to the date upon which the notification to repurchase shares was provided to shareholders of the Fund. The Fund will limit the number of shares to be repurchased in any calendar year to 20.0% of the weighted average number of shares outstanding in the prior calendar year.

2

$100 minimum additional purchase, each Fund reserves the right to waive investment minimums

3

There is no guarantee of distributions or that any distributions paid will be paid at the stated rate. Distributions will be paid from sources other than cash flow from operations, including offering proceeds, borrowing or sales of assets, which may reduce an investor’s overall return and may constitute a return of capital. For CC Real Estate Income Fund-C (Fund-C), a distribution and servicing fee at an annualized rate of 1.0%, of the net NAV per share in order to compensate the distributor and participating broker-dealers and investment representatives for services and expenses related to the marketing, sale and distribution of Fund-C’s shares, the payment of which will begin the first month after the completion of the Fund-C offering. Because a distribution and servicing fee is paid out of Fund-C assets on a monthly basis, over time these fees will increase the cost of an investment in Fund-C and may lower the amount of distributions.

4

The sponsor commitment represents the aggregate investments in CCREI made by affiliates of Colony Capital as of June 30, 2018.

5

Pursuant to separate expense support and conditional reimbursement agreements between an affiliate of Colony Capital, Colony Capital FV Holdings, LLC (“Colony Capital FV”), and each of CCREI and the Fund, Colony Capital FV will reimburse CCREI and the Fund for certain expenses to seek to ensure that each of CCREI and the Fund bears a reasonable level of expenses. Each of CCREI and the Fund have a conditional obligation to reimburse Colony Capital FV for amounts funded by it under such agreements. Additionally, such agreements may be terminated at any time by Colony Capital FV or CCREI and shall automatically terminate in the event of the termination or assignment of the Fund advisory agreement or if the Board makes a determination to dissolve or liquidate the Fund.

6

Please refer to the “Summary of Fees and Expenses” in the applicable Fund’s prospectus for more information on the fees and expenses associated with an investment in each Fund.

7

Beginning with the first month after the completion of the offering period, a distribution and servicing fee will be paid out of Fund-C assets on a monthly basis at a rate of 1.0% of the NAV per share, and as such, this fee will increase the cost of an investment in Fund-C. During the offering period, shares will be subject to the accrual of the distribution and servicing fee; however, such fees will not be paid during this period. After the offering period, distributions paid with respect to all shares may be reduced by the amount of all distribution and servicing fees paid, including those previously accrued. Fund-C will cease incurring a distribution and servicing fee at the earlier of: (i) the date when the Distribution and Shareholder Servicing Plan between Fund-C and the Distributor terminates or is not continued, (ii) the date at which underwriting compensation from all sources, including aggregate distribution and servicing fees, equal 8.0% of the aggregate gross proceeds raised in the offering, or (iii) the date at which a liquidity event occurs.