NEW YORK, Jan. 30, 2012 /PRNewswire/ -- NorthStar Realty Finance Corp. (NYSE: NRF) today announced that its Board of Directors has declared a cash dividend of $0.54688 per share of Series A preferred stock, payable on February 15, 2012 to shareholders of record on February 9, 2012 and a cash dividend of $0.51563 per share of Series B preferred stock, payable on February 15, 2012 to shareholders of record on February 9, 2012.

About NorthStar Realty Finance Corp.

NorthStar Realty Finance Corp. is a finance REIT that originates, acquires and manages portfolios of commercial real estate debt, real estate securities and net lease properties. In addition, NorthStar engages in asset management and other activities related to real estate and real estate finance. For more information about NorthStar Realty Finance Corp., please visit www.nrfc.com.

SOURCE NorthStar Realty Finance Corp.