Northstar Realty Europe Corp. (NRE) announced that on November 6, 2017, David T. Hamamoto, the chairman of the board of directors of NRE, informed the Board of his decision to retire, effective as of January 11, 2018. Additionally, on November 8, 2017, the Nominating and Corporate Governance Committee of NRE recommended, and the Board approved, effective as of January 11, 2018, the appointment of Richard B. Saltzman, the Chief Executive Officer and President of CLNS, as Chairman of the Board and the election of Mahbod Nia, Chief Executive Officer and President of NRE, to fill the vacancy created by Mr. Hamamoto's resignation.