NorthStar Paid Top Executives $141 Million in 2014 Compensation

NorthStar Realty Finance Corp., a commercial-property lender and owner, paid three executives a combined $140.6 million in compensation last year, according to a regulatory filing.

Chief Executive Officer David Hamamoto was granted $60.3 million, including $48.7 million in stock awards, according to the summary compensation table of the New York-based lender’s proxy filed today. Albert Tylis, the company’s president, and Chief Investment and Operating Officer Daniel Gilbert each received about $40 million, the filing shows.

Hamamoto is also CEO of NorthStar Asset Management Group Inc. and was paid $14.3 million by that New York-based company in 2014, a separate proxy filing shows. NorthStar Asset was spun off from NorthStar Realty, a real estate investment trust, last year.

Joe Calabrese, a spokesman for NorthStar Realty, didn’t immediately respond to a phone call seeking comment after business hours.

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