This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

IPO Watch: NorthStar Healthcare

(Updated with additional IPO's in the coming week, along with analysis of recent IPO performance.)

NEW YORK ( TheStreet) -- NorthStar Healthcare Investors, which owns and runs assisted living facilities, filed for a $200 million initial public offering on Monday.

NorthStar Healthcare is the senior housing unit of NorthStar Realty Finance. The company operates or leases 66 senior housing facilities in 14 states, most of which are located in Wisconsin and Illinois.

Movie studio The Film Department also plans to go public, looking to offer 7.1 million shares at $12 to $14 each. The company hopes to rake in $85 million from the deal, plus $5.6 million in underwriters' warrants.

This spring The Film is releasing a romantic comedy starring Catherine Zeta-Jones and Justin Bartha.

December will be another busy month for IPOs, as 10 offerings are scheduled to come to market over the next two weeks. These include mortgage real estate investment trust Ellington Financial and hotel REITs Chesapeake Lodging Trust and Pebblebrook Hotel Trust.

KAR, a provider of used vehicle auction services, will also head to market next week. It is looking to raise $368 million, offering 23 million shares in the range of $15 to $17 each.

So far one of the most successful deals came last month from Fortinet (FTNT - Get Report), as it ranked as the fourth best U.S. debut of 2009.

Other deals in the fourth quarter came from Archipelago Learning (ARCL), 7 Days (SVN - Get Report), Cloud Peak Energy (CLD - Get Report) and Global Defense Technology & Systems (GTEC).

But some of the most successful IPOs recently have actually come out of China, with Duoyuan Global Water (DGW), Changyou.com (CYOU - Get Report) and Lihua International (LIWA).

Likewise, this week Beijing-based Concord Medical Services is looking to raise $158.7 million. The company is expected to start trading on the New York Stock Exchange on Friday under the ticker "ACOM."

-- Reported by Jeanine Poggi in New York.

Follow TheStreet.com on Twitter and become a fan on Facebook.

Copyright 2009 TheStreet.com Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. AP contributed to this report.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
SVN $0.00 0.00%
CLD $5.87 0.00%
CYOU $26.84 0.00%
FTNT $34.58 0.00%
AAPL $123.25 0.00%

Markets

DOW 17,712.66 +34.43 0.19%
S&P 500 2,061.02 +4.87 0.24%
NASDAQ 4,891.2190 +27.8570 0.57%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs