Colony NorthStar, Inc. (CLNS) Misses Q1 FFO by 4c

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Colony NorthStar Announces First Quarter 2017 Financial Results

May 9, 2017 4:37 PM EDT

LOS ANGELES & NEW YORK--(BUSINESS WIRE)-- Colony NorthStar, Inc. (NYSE: CLNS) and subsidiaries (collectively, Colony NorthStar or the Company) today announced its financial results for the first quarter ended March 31, 2017 and declared a cash dividend of $0.27 per share of Class A and Class B common stock for the second quarter of 2017. Colony NorthStar was formed through a tri-party merger among Colony Capital, Inc. (Colony); NorthStar Asset Management Group Inc. (NSAM); and NorthStar Realty Finance Corp. (NRF), which closed on January 10, 2017. Except where stated, the financial information presented in this press release represents the pre-merger financial information of... More