As of September 13, 2013, we received and accepted subscriptions in our offering for 1.4 million shares, or $14.0 million, including 0.2 million shares, or $2.0 million, sold to NorthStar Realty Finance Corp., or our sponsor.
As of 8/15 total raised was 6.0 million when 6/30 was something like 2.4 million (from dimming memory).
So, money in went from 3.6 million in a month and a half to 8 million in just under a month. The snowball is starting to roll. Now let's get Income 2 selling.
I have been searching NRF's SEC filings and have yet to find the Supplement you refer to. KB report on NRF is 45 pages long; haven't located that either. All my old institutional clients have retired or passed. KB is an exceptional research firm that I have known for years so even if I don't locate the report, their buy recommendation gives me a high level of confidence.