NorthStar Realty Finance Corp. is a real estate finance company that has focused primarily on originating, investing in and managing commercial real estate debt, commercial real estate securities and net lease properties. The Company has invested in those areas of commercial real estate finance that provided to leverage its real estate investment expertise, utilize its capital markets knowledge, and capitalize on its ability to employ financing structures. The Company conducts operations so as to qualify as a real estate investment trust, or a REIT, for federal income tax purposes.