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MCArmel1

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Saturday, 12/06/2014 4:49:07 PM

Saturday, December 06, 2014 4:49:07 PM

Post# of 87
Northstar reportedly to be included in equity REIT indexes

Dec 5 2014, 14:45 ET | About: Northstar Realty Finance... (NRF) | By: Stephen Alpher, SA News Editor

An acknowledgement of the fact that NorthStar Realty Finance (NRF +1.6%) can hardly be considered a mortgage REIT anymore, it will be deleted from the FTSE NAREIT Mortgage REIT Index, effective after the close on December 19, according to FBR.
The company will instead by added to two FTSE NAREIT equity indexes.
via RationalInvestor
The news seems to have boosted the shares, which an hour ago were in the red on the session.
Previously: NorthStar Realty closes Griffin-American purchase (Dec. 3, 2014)

http://seekingalpha.com/news/2163755-northstar-reportedly-to-be-included-in-equity-reit-indexes?uprof=45#email_link

Wolves.. The original man's Best Friend!

In search of the fabricated IR.."nope, not here either!"

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