NEW YORK, April 29, 2014 /PRNewswire/ -- NorthStar Realty Finance Corp. (NYSE: NRF) ("NorthStar") today announced that NorthStar remains focused on executing its business plan, including the spin-off of its asset management business. While NorthStar may engage in discussions with interested parties and focuses on maximizing shareholder value, NorthStar is not currently engaged in discussions with American Realty Capital Properties, Inc. NorthStar's general policy is not to comment on market rumors. About NorthStar Realty Finance Corp. NorthStar Realty Finance Corp. ("NorthStar") is a diversified commercial real estate investment and asset management company that is organized as a REIT. NorthStar recently announced a plan to spin-off its asset management business into a separate public company. For more information about NorthStar, please visit www.nrfc.com. SOURCE NorthStar Realty Finance Corp.