NorthStar Realty Finance Prices and Upsizes Follow-On Common Stock Offering.

0 Comments | M2 Presswire, November, 2006

M2 PRESSWIRE-20 November 2006-Upward Momentum: NorthStar Realty Finance Prices and Upsizes Follow-On Common Stock Offering.(C)1994-2006 M2 COMMUNICATIONS LTD RDATE:20112006 NorthStar Realty Finance Corp. operates as a real estate investment trust in the United States. Invests in real estate debt business, which acquires, originates, and structures debt investments secured primarily by income-producing real estate properties Shares are up .47reaching a high of $15.02 on a volume of over 4 million in the Friday afternoon trading.

Today's momentum came in as NorthStar Realty Finance Corp. (NYSE: NRF) announced the pricing and upsizing of its follow-on public offering of 12,391,385 shares of common stock at $14.95 per share. The offering was increased by...

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