NorthStar Realty Finance Announces Pricing of Public Offering of Common Stock
To do so, the agricultural and financial sectors must form new linkages and better align their visions, blending those who can implement innovative approaches to boost agricultural production and supply inputs such as seeds, fertiliser, and water, and outputs including storage, processing and distribution facilities, and access to markets, with those who can finance those activities. To help bridge these sectors, in July The Rockefeller Foundation hosted a summit in Abuja, Nigeria, titled Realising the Potential of Africas Agriculture: Catalytic Innovations for Growth. The summit, one of our centennial convenings focused on forward-looking solutions to challenges that will define our second century of strategic philanthropy, brought together agriculture and finance ministers, along with other leaders, from more than 23 African nations, in an unprecedented conversation to identify concrete ways to strengthen African agricultural markets and value chains to benefit smallholder farmers. Over the course of the summit, participants identified a number of innovative solutions and financing models that can encourage increased lending to farmers. One such model, known as credit guarantees, was pioneered by The Rockefeller Foundation and has been taken to scale by Agra with promising results.
Finance Committee Hold Public …
NorthStar Realty Finance Corp. is a diversified commercial real estate investment and asset management company that is organized as an internally managed REIT. Safe-Harbor Statement Certain items in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which can be identified by words like “expect,” “intend” and similar expressions. 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; the Company can give no assurance that its expectations will be attained.
Also included in the125,000 square-foot facility would bea”Flutie’s Sports Bar,” thanks to a partnership between the former Boston College and New England Patriots quarterback Doug Flutieand Penn National. Representatives from Penn National also provided 5-year gamingrevenue projections for Merrimack Valley Casino: Year one: $150.2 million Year four: $195.2 million Year five: $210.1 million The host community agreement between Penn National Gaming and Tewksbury requires the company to make $1 million in annualmitigation payments, $120,000 incontributions to fund Tewksbury’s capital expenditures and approximately $3 million in estimated property taxes. Finance Committee memberDavid McGinness asked the representatives from Penn National if the facility would include a hotel. Jeff Morris,Director of Public Affairs at Penn National, said there were no plans for a hotel at this time and that Penn National would be partnering with hotels in Tewksbury to accommodate guests of the casino. “We met with some of thegeneral managers of thehotels in the area and found their capacity rates are 50 percent,” Morris said.”We do not feel it would be appropriate to take away business from them so we’ll be looking to partner with them to help drive them to 70 or75 percent occupancy rates.” Finance Committee memberDamin Sutherby asked the hours the facility would be serving alcohol, and if free drinks would be served to patrons of the facility. Morris said free drinks would be served on a limited basis, and alcohol would not be served later than other bars and restaurantsin Tewksbury serve. “We do not plan to serve alcohol other than the times otherbars do in town,” Morris said.”We don’t want to take any business away from them.