NorthStar's common stock will be listed on the New York StockExchange under the symbol "NRF." The shares are being offeredthrough Friedman, Billings, Ramsey & Co. Inc., which is servingas lead manager, and Deutsche Bank Securities Inc., Credit SuisseFirst Boston LLC and JMP Securities LLC, which are acting asco-managers.

NorthStar Realty Finance Corp. is a locally based internallymanaged REIT that makes fixed income, structured finance and netlease investments in commercial real estate assets. NorthStarRealty's business consists of three core business lines:subordinate real estate debt, real estate securities and net leaseproperties.

NorthStar is just one of the many REITs and real estate concernswho are taking the public route this year. Last week, SunstoneHotel Investors Inc., owners of 54 hotels comprising 13,183 roomsin 17 states, filed with the SEC for an initial public offering of21.1 million shares at $18 to $20 per share. And student andmilitary housing operator and owner GMH Associates plans an initialpublic offering and underwriters have set the terms of the offeringat 28.6 million shares of common stock at an estimated price rangeof between $13 and $15 per share. The company is to be called GMHCommunities Trust. Scottsdale, AZ-based Spirit Finance Corp. hasfiled for a proposed $300-million initial public offering of sharesof its common stock. The REIT focuses on single-tenant, net-leasedreal estate and was formed in August 2003