NorthStar Realty Europe posts 4Q loss
NEW YORK (AP) — NorthStar Realty Europe Corp. on Tuesday reported a loss of $33.9 million in its fourth quarter.
The New York-based real estate investment trust said its loss amounted to 55 cents per share. The results reflected depreciation, amortization and transaction costs. It said its cash available for distribution amounted to 22 cents per share.
Its revenue was $44.1 million for the quarter.
NorthStar Realty Europe shares fell 21 cents to $11.25 in afternoon trading Tuesday. Its shares are about steady over the past year.
Elements of this story were generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NRE at http://www.zacks.com/ap/NRE
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