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Fortress Investment Group LLC (FIG.N)

FIG.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Fortress Investment Group reports Q4 revenue of $438 million
Tuesday, 28 Feb 2017 08:05am EST 

Fortress Investment Group LLC : Fortress reports fourth quarter and year end 2016 results and announces dividend of $0.09 per share . Q4 GAAP earnings per share $0.33 . Q4 earnings per share view $0.20 -- Thomson Reuters I/B/E/S . Fortress Investment Group LLC - Management fee paying assets under management of $69.6 billion as of December 31, 2016 .Q4 revenues $438 million versus $415 million last year.  Full Article

Eurocastle announces new Italian investment and closes sale of Belfry and Truss
Wednesday, 21 Dec 2016 02:00am EST 

Eurocastle Investment Ltd : Eurocastle announces new Italian investment and closes sale of Belfry and Truss . Acquired a 25 percent interest in a portfolio of four non-performing loans to a single borrower, with a gross book value of about 16 million euros ($16.7 million) . Loans are approximately 74 percent secured by first line mortgages and 26 percent unsecured . Affiliates of Fortress Investment Group LLC have invested alongside Eurocastle by acquiring remaining interest in loans . Following agreed sale announced in Sept. 2016, 66 of 67 assets within legacy German real estate Belfry and Truss portfolios have successfully closed . Sale generated approximately 2.3 million euros of net proceeds to company compared to reported adjusted nav of zero for these portfolios as at Sept. 30 .Remaining asset is expected to close in January 2017 resulting in a further 34,000 euros of net proceeds to company.  Full Article

Fortress announces sale of riverplace tower in downtown jacksonville
Thursday, 8 Dec 2016 04:00pm EST 

Fortress Investment Group Llc : Fortress Investment Group Llc - 441,000 square foot class a tower was sold for $53.4 million .Fortress announces sale of riverplace tower in downtown jacksonville.  Full Article

Inventergy Amends Debt Agreement With Fortress
Thursday, 25 Aug 2016 09:00am EDT 

Inventergy Global Inc : Amended its debt agreement with Fortress Investment Group .Inventergy was provided a moratorium on monthly debt amortization payments until September 30, 2016.  Full Article

New Residential investment says offering 20.0 mln common shares
Wednesday, 10 Aug 2016 04:19pm EDT 

New Residential Investment Corp : New Residential announces public offering of common stock . Says offering 20.0 million common shares .Says offering 20.0 million common shares.  Full Article

New Residential and Walter Investment announce mortgage servicing rights purchase agreement
Tuesday, 9 Aug 2016 06:00am EDT 

New Residential Investment Corp : New Residential And Walter Investment announce mortgage servicing rights purchase agreement and subservicing agreement . Deal for $231 million . New Residential And Walter Investment announce mortgage servicing rights purchase agreement and subservicing agreement . Entered agreement for purchase, sale of almost all assets of Walter Capital opportunity, units, some related assets owned by Walter . Walter deal represents about $37 billion upb of MSRS for a purchase price of approximately $283 million .Assuming completion of both transactions with Walter and WCO, total purchase price is expected to be about $514 million.  Full Article

Fortress Investment Group LLC declares dividend
Thursday, 29 Oct 2015 07:00am EDT 

Fortress Investment Group LLC:Declares a cash dividend of $0.08 per dividend paying share for the third quarter of 2015.  Full Article

Fortress Investment Group LLC declares dividend
Thursday, 30 Jul 2015 07:00am EDT 

Fortress Investment Group LLC:Declares a second quarter 2015 cash dividend of $0.08 per dividend paying share.Says the dividend is payable on Aug. 14 to Class A shareholders of record as of the close of business on Aug. 11.  Full Article

Fortress Investment Group LLC and Mount Kellett Capital Management to form strategic alliance
Friday, 22 May 2015 07:00pm EDT 

Fortress Investment Group LLC and Mount Kellett Capital Management LP:Reach agreement for affiliate of Fortress to become co-manager with Mount Kellett of the Mount Kellett investment funds and related accounts.Says that Mount Kellett affiliates will continue to serve as general partner of funds.Says additionally, affiliates of Fortress will become special limited partners of funds.Says financial terms of transaction were not disclosed.  Full Article

Fortress Investment Group LLC announces dividend of $0.08 per share
Thursday, 7 May 2015 07:00am EDT 

Fortress Investment Group LLC:Declares Q1 2015 cash dividend of $0.08 per dividend paying share.Says dividend is payable on May 21 to Class A shareholders of record as of close of business on May 18.  Full Article

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