DigitalBridge Group, Inc. — Director's Dealing 2017

May 11, 2017

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: NorthStar/Townsend Institutional Real Estate Fund Inc. (NONE)
CIK: 0001676235
Period of Report: 2017-05-03

Reporting Person: Colony NorthStar, Inc. (N/A)
Reporting Person: Colony Capital Operating Company, LLC (10% Owner)
Reporting Person: NSAM FV Holdings, LLC (10% Owner)

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Shares of Common Stock	6000	Indirect

Footnotes

F1: These shares are owned directly by NSAM FV Holdings, LLC, which is a wholly-owned subsidiary of Colony Capital Operating Company, LLC ("CCOC"), which is a wholly-controlled subsidiary of Colony NorthStar, Inc. ("CLNS"). CLNS and CCOC are indirect beneficial owners of the reported securities.