NorthStar Asset Management (NSAM) Tops Q1 EPS by 2c

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NorthStar Asset Management Group Announces First Quarter 2016 Results

May 10, 2016 7:02 AM EDT

NEW YORK, May 10, 2016 /PRNewswire/ -- 

First Quarter 2016 Highlights

Cash available for distribution ("CAD") of $0.31 per share First quarter 2016 cash dividend of $0.10 per common share In January 2016, acquired an approximately 84% interest in The Townsend Group ("Townsend") for $383 million, a leading global provider of investment management and advisory services focused on real assets Raised $177 million of capital in retail business year-to-date 2016 Total assets of managed companies as of March 31, 2016 of approximately $35.5 billion, including investments under contract, acquired or sold by our managed companies... More

NorthStar Realty Finance Announces First Quarter 2016 Results

May 10, 2016 7:00 AM EDT

NEW YORK, May 10, 2016 /PRNewswire/ --

First Quarter 2016 Highlights

Cash available for distribution ("CAD") of $0.58 per share First quarter dividend of $0.40 per share $1.8 billion of completed asset monetizations Additional $2.3 billion of assets in contract to be sold, including a definitive agreement to sell NorthStar Realty's manufactured housing portfolio for $2.04 billion Current liquidity of $902 million; $1.6 billion of liquidity expected following asset monetizations in contract

NorthStar Realty Finance Corp. (NYSE:... More