NorthStar Realty Finance Announces Fourth Quarter and Fiscal Year 2005 Earnings Conference Call


NEW YORK, March 13, 2006 (PRIMEZONE) -- NorthStar Realty Finance Corp. (NYSE:NRF), an internally managed REIT that makes investments in commercial real estate debt, real estate securities and net lease properties, announced today that it will host a conference call to discuss fourth quarter and full year financial results for the period ended December 31, 2005 on Wednesday, March 15, 2006 at 5:00 p.m. Eastern time. Hosting the call will be David Hamamoto, President and Chief Executive Officer, and Mark Chertok, Chief Financial Officer and Treasurer. A press release with fourth quarter and fiscal year 2005 financial results will be issued after the market close on March 15, 2005.

The call will be webcast live over the Internet from the company's website at http://www.nrfc.com and will be archived on the company's website. The call can also be accessed live over the phone by dialing (888) 695-7895, or for international callers, by dialing (706) 679-3799.

A replay of the call will be available one hour after the call and can be accessed by dialing (800) 642-1687 or (706) 645-9291 for international callers. The replay will be available from March 15, 2006 through March 22, 2006. The password for the replay will be 6511503.

About NorthStar Realty Finance Corp.

NorthStar Realty Finance Corp. is an internally managed REIT that makes investments in commercial real estate debt, real estate securities and net lease properties. For more information about NorthStar Realty Finance Corp, please visit http://www.nrfc.com.



            

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