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November 3, 2011 10:00 AM ET
Al Tylis – Co-President, COO and Secretary
David Hamamoto – Chairman and CEO
Debra Hess – CFO
Stephen Ross - Deutsche Bank
Joshua Barber - Stifel Nicolaus
Good morning ladies and gentlemen, thank you for standing by. Welcome to the NorthStar Realty Finance Third Quarter 2011 Conference Call. During today’s presentation, all parties will be in a listen-only mode and following the presentation the conference will be open for questions. (Operator Instructions) This conference is being recorded today November 3rd 2011. And I would now like to turn the conference over to Al Tylis Co-president and Chief Operating Officer for NorthStar Realty Finance. Please go ahead, sir.
Thank you very much. Welcome to NorthStar’s third quarter 2011 conference call. Before the call begins, 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.