NorthStar Asset Management (NSAM) Reports In-Line Q2 EPS

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Go back to NorthStar Asset Management (NSAM) Reports In-Line Q2 EPS

NorthStar Asset Management Group Announces Second Quarter 2016 Results

August 4, 2016 7:01 AM EDT

NEW YORK, Aug. 4, 2016 /PRNewswire/ --

Second Quarter 2016 Highlights

U.S. GAAP net income to common stockholders of $10.9 million, or $0.06 per diluted share and cash available for distribution ("CAD") of $54.0 million, or $0.28 per share Second quarter 2016 cash dividend of $0.10 per common share Announced a tri-party merger with NRF and Colony Capital, Inc. to create a world-class diversified real estate and investment management platform with $58 billion of AUM Raised $273 million of capital in retail business year-to-date 2016, including $107 million during the second quarter 2016 Total... More