Data as of Dec 26
| +0.05 / +0.29%|
Real Estate Investment Trusts
NorthStar Realty Finance Corp. is a diversified commercial real estate company. The company originates, acquires and manages portfolios of commercial real estate debt, commercial real estate securities and net lease properties. It is also engaged in the asset management and other activities related to real estate and real estate finance. The company operates through the following business segments: Commercial Real Estate Debt, Commercial Real Estate Securities, Real Estate and Asset Management. The Commercial Real Estate Debt segment is focused on originating, structuring, acquiring and managing senior and subordinate debt investments secured primarily by commercial and multifamily properties and includes first mortgage loans, subordinate mortgage interests, mezzanine loans, credit tenant loans and other loans, including preferred equity interests. The Commercial Real Estate Securities segment predominately comprised of N-Star collateralized debt obligations (CDOs) bonds and N-Star CDO equity of deconsolidated N-Star CDOs and includes other securities which are mostly conduit CMBS. The Real Estate segment concentrates on various types of investments in commercial real estate located throughout the U.S. that currently includes manufactured housing communities, healthcare, net lease and multifamily properties. In addition, the Real Estate segment includes private equity Investments diversified by property type and geography. The Asset Management segment provides asset management and other services to the sponsored companies and any other companies the company may sponsor in the future, through which the company earns management, incentive and other fees. It manages the day to day operations including identifying, originating, acquiring and managing investments on their behalf and earns asset management and other fees for these services, which vary based on the amount of assets under management, investment activity and investment performance. NorthStar Realty Finance was founded by Richard J. McCready in October 2003 and is headquartered in New York, NY.
|David T. Hamamoto||Chairman & Chief Executive Officer|
|Daniel R. Gilbert||Chief Operating & Investment Officer|
|Debra Ann Hess||Chief Financial Officer|
|Steven B. Kauff||Executive Vice President|