NEW YORK, Jan. 30, 2006 (PRIMEZONE) -- NorthStar Realty Finance Corp. (NYSE:NRF) today announced the tax treatment of its common stock dividends paid during the 2005 calendar year. The three dividend payments made during the 2005 calendar year totaled $0.53 per share of common stock. This amount does not include the $0.27 per share dividend payable on or about February 10, 2006, with respect to the fourth quarter of 2005. For tax reporting purposes, 100% of the dividend distributions made in 2005 will be classified as ordinary, non-qualified dividends and no portion of the dividends represented a return of capital.
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.