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Colony Capital Raises Cash as It Defaults on Loans

Investment of $400 Million Aims to Accelerate Company's Digital Transformation
Colony Capital is negotiating with lenders on more than $1.6 billion in loans in default backed by some of its hospitality holdings. (CoStar)
Colony Capital is negotiating with lenders on more than $1.6 billion in loans in default backed by some of its hospitality holdings. (CoStar)

Colony Capital has secured cash for digital real estate investments as it struggles with mortgage debt tied to its hotel and healthcare properties.

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