NorthStar Asset Management Group (NSAM)

[MCArmel1]

NorthStar Asset Management misses by $0.02, beats on revenue

Feb 27 2015, 08:11 ET | About: NorthStar Asset Managem... (NSAM) | By: Mohit Manghnani, SA News Editor

NorthStar Asset Management (NYSE:NSAM): Q4 EPS of $0.18 misses by $0.02.
Revenue of $119.1M (+469.9% Y/Y) beats by $26.9M.
Press Release

http://seekingalpha.com/news/2333786-northstar-asset-management-misses-by-0_02-beats-on-revenue?auth_param=ano5b:1af0rb8:437fea2a496fb9e92298a2107c882a4b&uprof=45#email_link


NorthStar Asset Management Group Announces Fourth Quarter 2014 Results
Fri February 27, 2015 8:00 AM|PR Newswire | About: NSAM

NEW YORK, Feb. 27, 2015 /PRNewswire/ --

Fourth Quarter 2014 Highlights
•Cash available for distribution ("CAD") of $0.27 per share.
•Fourth quarter 2014 cash dividend of $0.10 per common share.
•$1.1 billion of NorthStar Realty (NRF) common equity issued for the acquisition of Griffin-American Healthcare REIT II, Inc.
•Raised $1.2 billion of capital in the non-traded REIT business during 2014, including $531 million in the fourth quarter. Raised $210 million of capital year-to-date 2015.
•Completed acquisition of a 44% interest in American Healthcare Investors, LLC ("AHI"); Griffin-American Healthcare REIT III, Inc., which is co-sponsored by AHI, raised over $1.8 billion of capital since inception with approximately $913 million of capital during 2014, including $703 million in the fourth quarter and approximately $900 million year-to-date 2015.
•Total assets of managed companies as of December 31, 2014 of approximately $21.7 billion, including investments that NorthStar Realty acquired or committed to acquire subsequent to the fourth quarter 2014.

NorthStar Asset Management Group Inc. (NYSE: NSAM) today announced its results for the fourth quarter ended December 31, 2014.

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http://seekingalpha.com/pr/12664816-northstar-asset-management-group-announces-fourth-quarter-2014-results