Colony Northstar 8.25% Cumulative, Redeemable Preferred Stock

FORMERLY NORTHSTAR REALTY FINANCE

S&P Rating   NR   Moodys Rating   NR

Security Ticker Symbol   CLNS-B

Market Traded ON   NYSE

Dividend Payment Paid on the 15th of February, May, August and November beginning on 05/15/2007

Quarterly Dividend   .516   Annual Dividend   2.063

Securities may be redeemed, at the issuers option, as early as 02/07/2012  the call price is $25 plus accrued dividends

Dividend Payment NOT will be Qualified Distributions (Preferred Stocks of REITs DO NOT pay Qualified Distributions)

Maturity Date   None

Company Investor Relations Page for NorthStar Realty Finance

Below you can find the offering Prospectus and Final Pricing Document