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NRF Takes it first actual loan loss      5-Nov-09 09:10 pm    
>>the remaining loan is a $9.4 million mezzanine loan that was fully reserved for as of the first quarter of 2009. We were foreclosed out of this loan in October.<<

Here we are, 2 years into the credit crisis, and NRF has just now had to actually write off its first loan. Not bad, given the performance of some of its peers.
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ag55gen

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NRF Takes it first actual loan loss
ag55gen (1 Rating) 5-Nov-09 09:10 pm  
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NorthStar Realty Finance Corp. (NRF)

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