NEW YORK, May 13, 2015 /PRNewswire/ -- NorthStar Realty Finance Corp. (NYSE: NRF) announced today that it will be added to the MSCI U.S. REIT Index (RMZ), effective as of the close of the market on May 29, 2015.
David T. Hamamoto, chairman and chief executive officer, commented, "Our inclusion in the MSCI U.S. REIT Index is an important step in the evolution of our business and serves as further acknowledgment of our transition to an equity REIT focused on direct real estate ownership. We expect that our inclusion will expand NorthStar Realty's visibility in the investment community and open NorthStar Realty to a broader institutional shareholder base."
About NorthStar Realty Finance Corp.
NorthStar Realty Finance Corp. is a diversified commercial real estate company that is organized as a REIT. NorthStar Realty has announced a plan to spin-off its European real estate business into a separate publicly-traded REIT. NorthStar Realty is managed by an affiliate of NorthStar Asset Management Group Inc. (NYSE: NSAM), a global asset management firm. For more information about NorthStar Realty Finance Corp., please visit www.nrfc.com.
Safe Harbor Statement
This press release contains certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are generally identifiable by use of forward-looking terminology such as "will," "expect," or other similar words or expressions. Forward-looking statements are not guarantees of performance and are based on certain assumptions, discuss future expectations, describe plans and strategies, contain projections of results of operations or of financial condition or state other forward-looking information. Such statements include, but are not limited to, whether NorthStar Realty's inclusion in the MSCI US REIT Index will expand its visibility in the investment community and open a broader institutional shareholder base. Additional factors that could cause actual results to differ materially from those in the forward-looking statements are specified in the "Risk Factors" section in NorthStar Realty's Annual Report on Form 10-K for the fiscal year ended December 31, 2014 and its other filings with the Securities and Exchange Commission (SEC). All forward-looking statements included in this press release are based upon information available to NorthStar Realty on the date hereof and NorthStar Realty is under no duty to update any of the forward-looking statements after the date of this press release to conform these statements to actual results.
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SOURCE NorthStar Realty Finance Corp.
