NorthStar Realty Finance Corp. today announced that NRFC NNN Holdings, LLC , a wholly-owned subsidiary of NorthStar that owns all of NorthStar's, non-healthcare net lease properties, has priced a private offering of $80 million aggregate principal amount of Triple Net Holdings' 11.50% exchangeable senior notes due 2013 .

It plans to use the proceeds for general corporate purposes, which may include reducing debt and acquisitions, according to a shelf registration statement filed with the U.S. Securities and Exchang...