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New Residential REIT Prices $505M Follow-On Offering

By Chelsea Naso (June 10, 2015, 3:58 PM EDT) -- New York-based New Residential Investment Corp. on Wednesday priced a roughly $505 million stock offering, as the residential property-focused real estate investment trust looks to fund potential future investments and an affiliate of its private equity-backed manager parts ways with a chunk of its shares....

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