SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 9, 2015
Oritani Financial Corp.
(Exact name of registrant as specified in its charter)
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Delaware
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001-34786
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30-0628335
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(State or Other Jurisdiction
of Incorporation)
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(Commission File No.)
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(I.R.S. Employer
Identification No.)
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370 Pascack Road, Township of Washington, New Jersey
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07676
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(Address of Principal Executive Offices)
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(Zip Code)
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Registrant’s telephone number, including area code: (201) 664-5400
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4 (c))
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Item 8.01. Other Events.
On September 9, 2015, Oritani Bank, the banking subsidiary of Oritani Financial Corp., and certain of the Bank's affiliates, entered into an agreement to sell its interest in seven joint venture entities that owned and operated multifamily apartment properties in New Jersey and eastern Pennsylvania. The expected pretax gain on the transaction is approximately $22 million and the estimated after tax gain is approximately $14 million. Subject to the satisfaction of certain conditions, the anticipated closing date for the transaction is October 2015.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
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ORITANI FINANCIAL CORP.
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DATE: September 9, 2015
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By:
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/s/ Kevin J. Lynch
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Kevin J. Lynch
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President and Chief Executive Officer
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