NorthStar Realty Finance, a New York-based real estate investment trust, has announced the closing of a public offering of 2.4 million shares of 8.75% series A cumulative redeemable preferred stock, priced at $25 per share.The share total includes 200,000 shares purchased by the underwriters under an overallotment option. Wachovia Securities was the sole book-running manager of the offering.

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