NorthStar Interview

I hope you were not drinking coffee while reading the DIWire's interview with NorthStar Securities' Tim Toole this morning.  You would have laughed it all over your computer or electronic device.  Gosh, what drivel.  Given that NorthStar Securities had only raised about $30 million over the first eleven months of 2017, or that NorthStar's first two REITs are combining with certain assets from Colony NorthStar to form a new REIT, or that yesterday NorthStar Healthcare Income REIT announced its cutting its 6.75% annualized distribution in half to 3.375%, or that NorthStar executives David Hamamoto, Daniel Gilbert, and Brett Klein have all announced they are leaving Colony NorthStar early in 2018, and finally that Colony NorthStar announced earlier in December that it is combining NorthStar Securities with S2K Financial Holdings, one of the few firms that managed to raise less money in 2017 than NorthStar Securities, the Q&A had plenty of important topics for discussion and explanation.

Nope.  None of these major events were addressed in the Q&A.  Instead we learned Tim's work history, his favorite book, his fear of Trump tweets, and that he is an adventurous vacationer.  Let's call this puff piece what it is:  Tim Toole marketing himself to other sponsors now that he has been made redundant with the S2K transaction.