NEW YORK, June 21, 2006 (PRIMEZONE) -- NorthStar Realty Finance Corp. (NYSE:NRF) announced today that the underwriters of its public offering have exercised in full their over-allotment option and purchased an additional 1,528,616 shares of common stock at a price of $10.60 per share, less the applicable underwriting discount.
The joint book-running managers for the offering were Citigroup Corporate and Investment Banking and Lehman Brothers.
This press release does not constitute an offer to sell or a solicitation of an offer to buy the offered shares, and none of these shares may be sold in any state in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
About NorthStar Realty Finance Corp.
NorthStar Realty Finance Corp. is an internally managed REIT that originates and invests in commercial real estate debt, real estate securities and net lease properties.