Land & Buildings Investment Management LLC


NSAM to Review Strategic Alternatives ($2.24B)

NorthStar Asset Management Group Inc.  has formed a Special Committee comprised of the three NSAM independent directors, who are not on the board of directors of NorthStar Realty Finance Corp., to continue the previously announced strategic alternatives process. The Special Committee has hired Evercore Partners Inc. as a financial advisor.  The three NSAM independent directors…

Activist Fund Calls for NorthStar Recombination

January 22, 2016 David Hamamoto Executive Chairman NorthStar Asset Management 399 Park Avenue New York, NY 10022 Dear David: We believe NorthStar Asset Management (NYSE: NSAM) (“NSAM” or the “Company”) is materially undervalued and there are numerous paths to unlock that value. There is one straightforward solution that should be at the top of the…

Land & Building Sees ARPI as Undervalued

Land & Buildings Investment Management, LLC disclosed a 7.4% ownership in ARPI. The Reporting Persons purchased the Shares based on the Reporting Persons’ belief that the Shares, when purchased, were undervalued and represented an attractive investment opportunity.  Depending upon overall market conditions, other investment opportunities available to the Reporting Persons, and the availability of Shares at…

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