Tom Barrack’s Colony Capital has spent the last several years pivoting away from “legacy” real estate assets toward digital properties like cell phone towers, optic fiber networks and data centers. But the investment firm still has billions of dollars in legacy properties on its books, which have been hit hard by the coronavirus crisis. In May, the Los Angeles-based company announced that $3.2 billion of consolidated debt in its hotel holdings — out of a The post Inside the “legacy” hotel assets Colony Capital is pivoting away from appeared first on The Real Deal New York.