Northstar Finance Corp (NRF)

[MCArmel1]

Northstar Realty Finance CAD of $0.58 beats by $0.01

Aug 7 2014, 07:41 ET | About: Northstar Realty Finance Corp. (NRF)

Northstar Realty Finance (NYSE:NRF): Q2 CAD of $0.58 beats by $0.01.
Revenue of $192.1M (+51.6% Y/Y).
Press Release

http://seekingalpha.com/news/1911995-northstar-realty-finance-cad-of-0_58-beats-by-0_01?uprof=45#email_link


NorthStar Realty Finance Announces Second Quarter 2014 Results
Thu August 7, 2014 7:30 AM|PR Newswire | About: NRF

NEW YORK, Aug. 7, 2014 /PRNewswire/ --

Second Quarter 2014 Highlights
•Cash available for distribution ("CAD") of $0.58 per share.
•Second quarter 2014 cash dividend of $0.50 per common share.
•Completed spin-off of asset management business into a separate publicly-traded company, NorthStar Asset Management Group Inc. ("NSAM").
•Subsequent to the second quarter 2014, announced agreement to acquire $4 billion diversified healthcare REIT, Griffin-American Healthcare REIT II, Inc. ("Griffin-American").
•Committed to $3.3 billion of investments year-to-date (excluding the agreement to acquire Griffin-American), including $2.8 billion in the second quarter.
•Closed $500 million revolving corporate credit facility.
•Raised total capital of $1.8 billion in the non-traded REIT business, including $479 million year-to-date, $208 million in the second quarter and $97 million in July 2014.


more...

http://seekingalpha.com/pr/10702735-northstar-realty-finance-announces-second-quarter-2014-results