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August 04, 2011 10:00 a.m. ET
David Hamamoto – Chairman and Chief Executive Officer
Debra Hess – Chief Financial Officer
Albert Tylis – Chief Operating Officer
Daniel Gilbert – Co-President and Chief Investment officer
Stephen Laws – Deutsche Bank Securities
Ladies and gentlemen thank you for standing by. Welcome to the NorthStar Realty’s Second Quarter 2011 Conference Call Results. During today’s presentation all participants will be in a listen only mode. Following the presentation the conference will be open for questions. (Operator Instructions) Today’s conference is being recorded August 4, 2011. I would now like to turn the conference over to our host Mr. Al Tylis, Co-President and Chief Operating Officer of NorthStar Realty Finance. Please go ahead.
Thank you very much. Welcome to NorthStar second quarter 2011 conference call. Before the call begin I would like to remind everyone that certain statements made in the course of this call are not based on historical information and may constitute forward looking statements. These statements are based on management’s current expectations and beliefs and are subject to a number of trends and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements.
I refer you to the company’s filings made with the SEC for a more detailed discussion of the risks and factors that could cause actual results to differ materially from those expressed or implied in any forward-looking statements made today. The company undertakes no duty to update any forward-looking statements that may be made in the course of this call.