Financial Results, Acquisitions and Announcements by REIT Companies - Analyst Notes on NorthStar Realty Finance, Taubman

Financial Results, Acquisitions and Announcements by REIT Companies - Analyst
     Notes on NorthStar Realty Finance, Taubman Centers, Glimcher, Retail
                  Properties of America, and Regency Centers

Editor Note: For more information about this release, please scroll to bottom.

PR Newswire

NEW YORK, March 10, 2014

NEW YORK, March 10, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding NorthStar Realty
Finance Corp. (NYSE: NRF), Taubman Centers Inc. (NYSE: TCO), Glimcher Realty
Trust (NYSE: GRT), Retail Properties of America, Inc. (NYSE: RPAI), and
Regency Centers Corporation (NYSE: REG). Private wealth members receive these
notes ahead of publication. To reserve complementary membership, limited
openings are available at: http://www.AnalystsReview.com/register

NorthStar Realty Finance Corp. Analyst Notes

On February 27, 2014, NorthStar Realty Finance Corp. (NorthStar) reported its
Q4 2013 and full-year 2013 financial results. Q4 2013 net loss attributable to
NorthStar common stockholders was $10.4 million or $0.04 per diluted share,
compared to a net loss of $27.6 million or $0.20 per diluted share in Q4 2012.
Full-year 2013 net loss attributable to NorthStar common stockholders was
$137.5 million or $0.65 per diluted share, compared to a net loss of $288.6
million or $2.31 per diluted share in 2012. Commenting on the release, David
T. Hamamoto, Chairman and CEO of the Company, stated, "We are extremely
excited by the variety of opportunities available for NorthStar and will
continue focusing on creating shareholder value such as the recently announced
spin-off of our asset management business into an independent publicly-traded
company, NorthStar Asset Management Group Inc., or NSAM. The spin-off of NSAM
remains on track to be completed in the second quarter of 2014." The full
analyst notes on NorthStar Realty Finance Corp. are available to download free
of charge at:

http://www.AnalystsReview.com/03102014/NRF/report.pdf

Taubman Centers Inc. Analyst Notes

On March 3, 2014, Taubman Centers Inc. (Taubman Centers), together with
Coastwood Capital Group, LLC and Queen Emma Land Company, reported the
ceremonial groundbreaking for the new International Market Place. According to
Taubman Centers, the 360,000 sq. ft. shopping center is scheduled to open in
Spring 2016 and will feature open-air retail, dining and entertainment located
in the heart of Waikiki, Hawaii. Commenting on the release, Chief Operating
Officer, William Taubman, stated, "The revitalized International Market Place
will truly complement the Waikiki shopping experience. We will feature many
distinctive retailers not found anywhere else in Waikiki, thus creating a
dynamic retail and dining destination." The full analyst notes on Taubman
Centers Inc. are available to download free of charge at:

http://www.AnalystsReview.com/03102014/TCO/report.pdf

Glimcher Realty Trust Analyst Notes

On February 13, 2014, Glimcher Realty Trust (Glimcher) reported its Q4 2013
and full-year 2013 financial results. Q4 2013 total revenues went up by 12.1%
YoY to $102.8 million, while full-year 2013 total revenues went up by 17.2%
YoY to $381.8 million. Net loss to common shareholders for Q4 2013 was $49.0
million or $0.34 per diluted share, compared to a net loss of $24.3 million or
$0.17 per diluted share in Q4 2012. Net loss to common shareholders for
full-year 2013 was $38.0 million or $0.26 per diluted share, compared to a net
loss of $30.5 million or $0.23 per diluted share. The full analyst notes on
Glimcher Realty Trust are available to download free of charge at:

http://www.AnalystsReview.com/03102014/GRT/report.pdf

Retail Properties of America, Inc. Analyst Notes

On February 18, 2014, Retail Properties of America, Inc. (Retail Properties of
America) reported its Q4 2013 and full-year 2013 financial results. Total
revenues for Q4 2013 went up by 11.7% YoY to $150.7 million, while total
revenues for full-year 2013 went up by 3.7% YoY to $551.2 million. Q4 2013 net
income attributable to common shareholders was $34.7 million or $0.15 per
diluted share, compared to net income of $13.9 million or $0.06 per diluted
share in Q4 2012. Full-year 2013 net income attributable to common
shareholders was $34.7 million, compared to a net loss attributable to common
shareholders of $0.7 million in 2012. Commenting on the release, Steve Grimes,
President and CEO of the Company, stated, "2013 was another year of strong
financial and operational performance. Our results continue to demonstrate the
strength and quality of our portfolio and position RPAI well for 2014 and
beyond, as we continue to focus on driving value for our shareholders." The
full analyst notes on Retail Properties of America, Inc. are available to
download free of charge at:

http://www.AnalystsReview.com/03102014/RPAI/report.pdf

Regency Centers Corporation Analyst Notes

On February 28, 2014, Regency Centers Corporation (Regency Centers) announced
the acquisition of the Shops at Mira Vista in Austin, TX, which is a 68,340
sq. ft. neighborhood shopping center. According to Regency Centers, the
shopping center offers a diverse mix of upscale retailers and restaurants.
Commenting on the release, Stuart Brackenridge, Vice President, Transactions,
stated, "The acquisition of the Shops at Mira Vista fits perfectly with our
strategy to invest in class A centers located in high-barrier markets. Austin
is a booming economic market and this center is strategically placed to serve
the thriving community that surrounds it. Currently, the center is 98% leased
with strong interest in the last remaining vacancy." The full analyst notes on
Regency Centers Corporation are available to download free of charge at:

http://www.AnalystsReview.com/03102014/REG/report.pdf

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