July 18, 2017 / 3:15 PM / 2 years ago

BRIEF-Colony American Finance says certain funds managed by affiliates of Fortress Investment Group to buy co

July 18 (Reuters) - Colony American Finance:

* Says certain funds managed by affiliates of Fortress Investment Group have purchased equity, substantially all of assets of CAF

* Fortress funds will be joined by current senior management team of CAF in launching CoreVest

* Senior management team will remain with company and retain their current titles

* Says terms of transactions were not disclosed Source text for Eikon: Further company coverage:

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