Annaly Capital Management, Inc. Announces 4th Quarter 2013 Dividend of 30 cents per Share

NEW YORK--(BUSINESS WIRE)-- The Board of Directors of Annaly Capital Management, Inc. (NYSE: NLY) declared the fourth quarter 2013 common stock cash dividend of $0.30 per common share. This dividend is payable January 31, 2014, to common shareholders of record on December 31, 2013. The ex-dividend date is December 27, 2013.

The Company distributes dividends based on its estimate of taxable earnings per common share, not GAAP earnings.

 Taxable and GAAP earnings will typically differ due to items such as unrealized and realized gains and losses, differences in premium amortization and discount accretion, and non-deductible general and administrative expenses.

Dividends may be reinvested through the Company's Dividend Reinvestment and Share Purchase Plan. Plan information may be obtained from the Plan Administrator, Computershare at 1-866-353-7849, at www.annaly.com, or by contacting the Company.

For a complete copy of the company’s news release, please contact:

Annaly Capital Management, Inc.

Investor Relations, 1-888-8Annaly

www.annaly.com

HFF selected to market for sale 309,000-square-foot office complex in downtown San Jose, CA

Community Towers, 111 West St. John Street and 111 North Market Street
Downtown San Jose, CA

Steven Golubchik

SAN FRANCISCO, CA – HFF announced it has been selected to market for sale Community Towers, a two-building, 309,000-square-foot, transit-oriented office complex in downtown San Jose, California.

               Community Towers is a value-add investment opportunity with 63 percent of the rentable square feet expiring in the first three years with in-place rents approximately 27 percent below market rents at expiration. 

Located at 111 West St. John Street and 111 North Market Street, Community Towers is adjacent to the popular San Pedro Square and within close proximity to San Jose’s SAP Center (formerly HP Pavilion).

Nicholas Bicardo

The property provides immediate access to Highway 87 with connections to Interstates 280, 680 and 880, as well as US 101, and is a five-minute drive to San Jose’s Norman S. Mineta International Airport.  

The property was substantially renovated in 2007-2008 and is currently 94 percent leased with notable tenants including Kerio Technologies, Sunwize, Anatomage, and Rockwell Automation. 

The HFF investment sales team representing the seller is led by managing directors Steven Golubchik and Nicholas Bicardo and director John Simerlein.

“Community Towers provides investors the opportunity to acquire an asset with significant upside potential in a prime location,” said Simerlein.

John Simerlein

 “Downtown San Jose is one of the most rapidly evolving cities in Silicon Valley, with an abundance of restaurant and retail amenities, public transportation options including Caltrain, and a wide and growing list of  housing options all within walking distance to the property.”

For a complete copy of the company’s news release, please contact:

Kristen M. Murphy

Associate Director

HFF | One Post Office Square, Suite 3500 | Boston, MA 02109

Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com

krmurphy@hfflp.com

HFF arranges financing for multi-housing community in Pasadena, MD

Marley Run Apartments, 8017 Ashberry Lane, Pasadena, MD

Trent Niederberger

CHICAGO, IL – HFF announced it has arranged financing for Marley Run, a 336-unit, garden-style multi-housing community in Pasadena, Maryland.

HFF worked on behalf of the borrower, Stockbridge Capital Group, LLC (“Stockbridge”), to secure the 10-year, 4.50 percent, fixed-rate loan through M&T Bank/Fannie Mae.  Proceeds were used to refinance the property.

Marley Run is located at 8017 Ashberry Lane in Pasadena, Maryland, approximately midway between Annapolis and Baltimore.

 Recently renovated, the 94 percent leased property includes a mixture of one- and two-bedroom units. 

Matthew Schoenfeldt

Community amenities include a resort-style swimming pool and terrace, state-of-the-art fitness center, fenced dog park, playground, clubhouse, illuminated tennis courts and picnic areas.

HFF’s debt placement team representing the borrower was led by Trent Niederberger, Matthew Schoenfeldt and Cary Abod.  

Stockbridge is a fully independent real estate investment management firm led by veteran industry professionals. 

The firm’s portfolio comprises assets across the investment risk spectrum, including core, value-added and opportunistic strategies. 

Cary Abod

Stockbridge has approximately $6.4 billion of assets under management (as of September 30, 2013) spanning all major real estate property types, and certain specialty property types, throughout the United States.

For a complete copy of the company’s news release, please contact:

Kristen M. Murphy

Associate Director

HFF | One Post Office Square, Suite 3500 | Boston, MA 02109

Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com

krmurphy@hfflp.com

HFF closes $60.2 million sale of 100% leased asset in Boston’s vibrant Seaport District

51 Sleeper Street, Seaport District, Boston, MA

Coleman Benedict

BOSTON, MA – HFF announced it has closed the $60.2 million sale of 51 Sleeper Street, a premium, eight-story, 150,363-square-foot office building located in Boston’s dynamic Seaport District. 

The HFF team led by Coleman Benedict and Ben Sayles exclusively represented the seller, DivcoWest, in the transaction and procured the buyer, TIAA-CREF. 

               By virtue of its location alongside the Fort Point Channel, 51 Sleeper features unobstructed views of downtown Boston from each floor. 

The asset’s location also provides for convenient access to and from I-93 and I-90 (Mass Pike) as well as public transportation hubs such as South Station and Rowes Wharf.

 At the time of sale, 51 Sleeper was fully leased to a diverse tenant roster that includes government entities, architects, and technology firms.

Benjamin E. Sayles

“51 Sleeper is an irreplaceable asset in a tremendous location,” said Benedict.  “TIAA-CREF will enjoy terrific performance from this asset as the significant wave of development will only enhance the Seaport District by bringing businesses, residents, and visitors to the area.”

For a complete copy of the company’s news release, please contact:

Kristen M. Murphy

Associate Director

HFF | One Post Office Square, Suite 3500 | Boston, MA 02109

Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com

krmurphy@hfflp.com

HFF closes sale of 55 Grant Avenue in Union Square, San Francisco, CA

55 Grant Avenue, Union Square District, San Francisco, CA

Nicholas Bicardo

SAN FRANCISCO, CA – HFF announced it has closed the sale of 55 Grant Avenue, a six-story, 12,653-square-foot, high-street retail asset in San Francisco’s Union Square District.

               HFF marketed the property on behalf of a joint venture between City Center Realty Partners, LLC and Angelo Gordon & Co.  St. Bride’s Managers, LLC represented the purchaser of the property.

               55 Grant Avenue is situated one block from Union Square Park and luxury retailers such as Neiman Marcus, Barneys New York, Saks Fifth Avenue, Bloomingdale’s, Tiffany & Co., Louis Vuitton, Hermes, Bottega Veneta, Chanel and Gucci.

 Originally built in 1909 and most recently renovated in 2013, the building is 100 percent leased to five tenants including Tumi, which occupies the ground-floor space.

               The HFF investment sales team representing the seller was led by managing director Nicholas Bicardo along with director Mark Damiani.

Mark Damiani

“Both the increase in fresh capital and the demand for high-street retail today far outpaces supply, with investors such as offshore groups, advisors, public REITs and private capital all making a big push for this type of product,” said Bicardo. 

“This sale, as well as the sale of 33 Grant Avenue that HFF closed last year, are a perfect example of new capital investing into this market for the first time.”

City Center Realty Partners, LLC (CCRP), is a San Francisco-based real estate investment firm, specializing in the development, redevelopment and acquisition of urban real estate. 

Nationwide, CCRP has developed and acquired more than $800 million of retail, office and mixed-use properties, representing more than three million square feet.

Union Square Park, San Francisco, CA

Angelo, Gordon & Co. is a privately-held investment advisor specializing in alternative investments such as real estate, distressed debt and private equity. The firm was founded in 1988 and currently manages approximately $25 billion.

St. Bride’s Managers, LLC is a global real estate investment management business with offices in New York, London, Madrid and a consulting office in Frankfurt.  www.stbridesmanagers.com. 

For a complete copy of the company’s news release, please contact:

Kristen M. Murphy

Associate Director

HFF | One Post Office Square, Suite 3500 | Boston, MA 02109

Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com

krmurphy@hfflp.com