NorthStar Asset Management (NSAM) Tops Q1 EPS by 2c
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May 10, 2016 7:02 AM EDT
NEW YORK, May 10, 2016 /PRNewswire/ --Â
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...
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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
