NorthStar Realty Finance Corp. Snags $100M Credit Facility

NorthStar Realty Finance Corp., a finance real estate investment trust based in New York, has entered into a new $100 million credit facility with Wells Fargo Bank N.A. The credit facility will be used to finance commercial real estate debt investments and has an initial term of two years with two one-year extension options at NorthStar's election.

‘With this new facility, we are well positioned to take advantage of opportunities we see in the market and build on the positive momentum we are experiencing,’ says David Hamamoto, chairman and CEO of NorthStar Realty Finance Corp.

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