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November 2, 2004

By Michelle Napoli

New York City-based NorthStar Realty Finance Corp., which counts investment in net-lease properties among its business lines, went public on Oct. 26 with plans to qualify as a REIT. The company sold 20 million shares at $9 apiece—the low end of an anticipated $9 to $11 range—on the New York Stock Exchange under the symbol NRF.

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