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Sunday, June 27, 2010 9:47:08 PM
Northstar Realty Finance Corp.
(NYSE: NRF)
Charts a double bottom and looks to me like it recovers from here granted it can hold this 2.74 support. We bounced off of 2.76 closing friday at 2.84. Will be watching pre market. Like the set up.
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NorthStar Realty Finance Corp. operates as a real estate investment trust in the United States. It invests in real estate debt business, which acquires, originates, and structures debt investments secured primarily by income-producing real estate properties; real estate securities business that invests in commercial real estate debt securities, including commercial mortgage backed securities, REIT unsecured debt, and credit tenant loans; and net lease properties business, which acquires properties that are primarily net leased to corporate tenants. The company has elected to be taxed as a REIT and it would not be subject to federal income tax, provided it distributes at least 90% of its taxable income to its shareholders. NorthStar Realty Finance was founded in 1997 and is based in New York City.
(NYSE: NRF)
Charts a double bottom and looks to me like it recovers from here granted it can hold this 2.74 support. We bounced off of 2.76 closing friday at 2.84. Will be watching pre market. Like the set up.
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NorthStar Realty Finance Corp. operates as a real estate investment trust in the United States. It invests in real estate debt business, which acquires, originates, and structures debt investments secured primarily by income-producing real estate properties; real estate securities business that invests in commercial real estate debt securities, including commercial mortgage backed securities, REIT unsecured debt, and credit tenant loans; and net lease properties business, which acquires properties that are primarily net leased to corporate tenants. The company has elected to be taxed as a REIT and it would not be subject to federal income tax, provided it distributes at least 90% of its taxable income to its shareholders. NorthStar Realty Finance was founded in 1997 and is based in New York City.
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