David Palame Net Worth

The estimated Net Worth of David A Palame is at least $1.23 Million dollars as of 23 September 2020. Mr. Palame owns over 10,000 units of Colony Credit Real Estate Inc stock worth over $870,956 and over the last 7 years he sold CLNC stock worth over $0. In addition, he makes $360,096 as General Counsel and Secretary at Colony Credit Real Estate Inc.

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Mr. Palame CLNC stock SEC Form 4 insiders trading

David has made over 2 trades of the Colony Credit Real Estate Inc stock since 2020, according to the Form 4 filled with the SEC. Most recently he bought 10,000 units of CLNC stock worth $47,000 on 23 September 2020.

The largest trade he's ever made was buying 10,000 units of Colony Credit Real Estate Inc stock on 23 September 2020 worth over $47,000. On average, David trades about 2,500 units every 2 days since 2018. As of 23 September 2020 he still owns at least 84,395 units of Colony Credit Real Estate Inc stock.

You can see the complete history of Mr. Palame stock trades at the bottom of the page.

David Palame biography

David A. Palame serves as General Counsel, Secretary of the Company. Mr. Palamé is General Counsel and Secretary at the Company. Mr. Palamé is responsible for legal, regulatory and compliance activities and other support for the Company’s business. In addition, Mr. Palamé serves as Managing Director, Deputy General Counsel of Colony Capital, where he is responsible for global legal, private capital formation, investment allocation and support for the Colony Capital business. Prior to joining the Colony Capital business in 2007, Mr. Palamé was an associate with the law firm of Sullivan & Cromwell LLP and previously served as a law clerk to the Honorable William J. Rea, United States District Court for the Central District of California at Los Angeles. Mr. Palamé received a Bachelor of Arts degree from the State University of New York at Buffalo and a Juris Doctor degree from the University of Pennsylvania Law School, where he served on the board of officers of the University of Pennsylvania Law Review.

What is the salary of David Palame?

As the General Counsel and Secretary of Colony Credit Real Estate Inc, the total compensation of David Palame at Colony Credit Real Estate Inc is $360,096. There are 1 executives at Colony Credit Real Estate Inc getting paid more, with Neale Redington having the highest compensation of $1,042,880.

How old is David Palame?

David Palame is 42, he's been the General Counsel and Secretary of Colony Credit Real Estate Inc since 2018. There are 9 older and no younger executives at Colony Credit Real Estate Inc. The oldest executive at Colony Credit Real Estate Inc is Vernon Schwartz, 69, who is the Independent Director.

What's David Palame's mailing address?

David's mailing address filed with the SEC is 515 SOUTH FLOWER STREET, 44TH FLOOR, LOS ANGELES, CA, 90071.

Insiders trading at Colony Credit Real Estate Inc

Over the last 7 years, insiders at Colony Credit Real Estate Inc have traded over $0 worth of Colony Credit Real Estate Inc stock and bought 120,000 units worth $1,290,000 . The most active insiders traders include Darren J. Tangen, Kevin P. Traenkle, and Capital, Inc.Colony Capital.... On average, Colony Credit Real Estate Inc executives and independent directors trade stock every 105 days with the average trade being worth of $412,800. The most recent stock trade was executed by David A Palame on 23 September 2020, trading 10,000 units of CLNC stock currently worth $47,000.

What does Colony Credit Real Estate Inc do?

Colony Credit Real Estate is one of the largest commercial real estate (CRE) credit REITs, focused on originating, acquiring, financing and managing a diversified portfolio consisting primarily of CRE debt investments and net leased properties predominantly in the United States. CRE debt investments primarily consist of first mortgage loans, which the company expects to be the primary investment strategy. Colony Credit Real Estate is externally managed by a subsidiary of leading global digital real estate and investment management firm, Colony Capital, Inc. Colony Credit Real Estate is organized as a Maryland corporation and taxed as a REIT for U.S. federal income tax purposes.

Complete history of Mr. Palame stock trades at Colony Credit Real Estate Inc

Colony Credit Real Estate Inc executives and stock owners

Colony Credit Real Estate Inc executives and other stock owners filed with the SEC include:

• Neale Redington,
  Chief Financial Officer, Treasurer
• David Palame,
  General Counsel, Secretary
• Catherine Rice,
  Lead Independent Director
• Winston Wilson,
  Independent Director
• John Westerfield,
  Independent Director
• Vernon Schwartz,
  Independent Director
• Lasse Glassen,
  IR Contact Officer
• Andrew Witt,
  Chief Operating Officer
• Michael Mazzei,
  President, Chief Executive Officer
• Brad Nichol,
  Managing Director of Portfolio Management
• George H. Kok,
  Chief Credit Officer
• Kevin Swartz,
  Managing Director of Investment Management
• Daniel E. Katz,
  Managing Director of Investment Management
• Frank V. Saracino CPA,
  CFO, Treasurer & Chief Accounting Officer
• Michael Joseph Mazzei,
  Pres, CEO & Director
• David A. Palamé,
  Gen. Counsel & Sec.
• Mark M. Hedstrom,
  Director
• Sujan S Patel,
  CHIEF FINANCIAL OFFICER
• Richard B Saltzman,
  Director
• Capital, Inc.Colony Capital...,
  
• Darren J. Tangen,
  Director
• Kevin P. Traenkle,
  Director
• Frank V Saracino,
  See Remarks