iStar

iStar, Inc. is a real estate investment trust company which engages in the financing, investing, and development of real estate and related projects. It operates through the following segments: Real Estate Finance, Net Lease, Operating Properties, Land and Development, and Corporate and Other. The Real Estate Finance segment includes all of the activities of the company related to senior and mezzanine real estate loans and real estate related securities. The Net Lease segment consists of activities of the company and operations related to the ownership of properties generally leased to single corporate tenants. The Operating Properties segment focuses on the activities and operations related to its commercial and residential properties. The Land and Development segment refers to the developable land portfolio of the company. The Corporate and Other segment represents all the corporate level and unallocated items, joint venture, and strategic investments. The company was founded by Jay Sugarman in 1993 and is headquartered in New York, NY.

Earnings data Q1 2023

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Safehold, Inc. operates as a real estate company. It engages in acquiring, managing and capitalizing ground leases. The company was founded on June 13, 2017 and is headquartered in New York, NY.

iStar Inc

NEW YORK , Nov. 3, 2022 /PRNewswire/ -- iStar Inc. (NYSE: STAR) today reported results for the third quarter ended September 30, 2022. Highlights for the quarter include: Net income of $12.1 million or $0.14 per diluted common share Adjusted earnings of $28.5 million or $0.33 per diluted common share During the quarter, extinguished $155 million of debt including $93 million of convertible notes and $62 million of open market bond repurchases $105 million of proceeds from legacy asset sales and loan repayments Safehold closed $284 million 1 of new originations, bringing Safehold's total aggregate portfolio to $6.1 billion and total UCA to approximately $10.5 billion "iStar continues to focus on streamlining its balance sheet, monetizing its legacy assets and expanding the ground lease ecosystem," said Jay Sugarman, Chairman and Chief Executive Officer.

iStar Reports Third Quarter 2022 Results

Safehold reported Q3-2022 results and came in ahead of expectations. The gain on sale was primarily responsible for that.

Safehold: Bonds Might Be A Better Alternative

NEW YORK , Oct. 26, 2022 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced today that it will release its financial results for the third quarter 2022 on Thursday, November 3, 2022, prior to the opening of the market. The Company will host an earnings conference call reviewing these results and its operations beginning at 10:00 a.m.

iStar Sets Third Quarter 2022 Earnings Release Date and Webcast

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NEW ORLEANS , Sept. 21, 2022 /PRNewswire/ -- Former Attorney General of Louisiana Charles C.

ISTAR INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Merger of iStar Inc. - STAR

Safehold has struggled for traction since the bubble has burst. The last fig leaf is the "growth story".

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NEW YORK , Aug. 22, 2022 /PRNewswire/ -- Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Safehold Inc. (NYSE: SAFE)'s  merger with iStar Inc. If you are a Safehold shareholder, click here to learn more about your rights and options .   iStar Inc. (NYSE: STAR)'s  merger with Safehold Inc. If you are an iStar shareholder, click here to learn more about your rights and options.

SHAREHOLDER INVESTIGATION NOTICE: Halper Sadeh LLP Investigates SAFE, STAR, MVBF, FTAI

Safehold is being valued on GAAP earnings at a fairly high multiple. Cash earnings are much lower and even negative in recent quarters.

Safehold: One For You

NEW YORK , Aug. 17, 2022 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE), the creator and leader of the modern ground lease industry, announced that Ryan Howard has joined iStar (NYSE: STAR), Safehold's external manager, as Senior Vice President, Investments focusing on the Southeast region. "Safehold has grown to nearly $6B in assets and more than 125 ground leases.

Ryan Howard Joins iStar to Lead Southeast Region

NEW YORK , Aug. 17, 2022 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced today that the Company's Board of Directors has declared quarterly dividends on the Company's Common Stock and Preferred Stock for the third quarter of 2022. The dividends are all payable on September 15, 2022 to holders of record on September 1, 2022.

iStar Declares Quarterly Common Dividend and Preferred Stock Dividends

NEW YORK , Aug. 15, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Safehold Inc. ("Safehold" or the "Company") (NYSE: SAFE) in connection with the proposed merger of the Company with iStar Inc. ("iStar") (NYSE: STAR). Prior to the closing of the transaction, iStar will undergo a reverse stock split to reduce the number of iStar shares outstanding to be equal to the number of Safehold shares owned by iStar prior to the merger.

SHAREHOLDER ALERT: Weiss Law Investigates Safehold Inc.

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NEW YORK , Aug. 15, 2022 /PRNewswire/ --Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Professional Holding Corp. (NASDAQ: PFHD)'s  sale to Seacoast Banking Corporation of Florida for 0.8909 shares of Seacoast common stock for each share of Professional common stock. If you are a Professional shareholder, click here to learn more about your rights and options.

SHAREHOLDER INVESTIGATION NOTICE: Halper Sadeh LLP Investigates PFHD, BBQ, SAFE, STAR

iStar and Safehold announced the long anticipated merger. Market reaction was all over the place in the first two trading days.

iStar And Safehold: Just A Manic Merger Thursday

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, an investor rights law firm, is investigating whether the merger of iStar Inc. (NYSE: STAR) and Safehold Inc. is fair to iStar shareholders. Halper Sadeh encourages iStar shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether iStar and its board violated the federal securities laws

STAR Stock Alert: Halper Sadeh LLP Is Investigating Whether the Merger of iStar Inc. Is Fair to Shareholders

MSD Partners to Make Strategic Investments in Both Safehold and Caret NEW YORK , Aug. 11, 2022 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE) and iStar Inc. (NYSE: STAR) jointly announced today that the two companies have entered into a definitive agreement for a tax-free, strategic combination that will accelerate Safehold's market leadership in the ground lease industry and make Safehold the only internally-managed, pure-play ground lease company in the public markets.  Transaction Overview Internalization of manager: Under the terms of the transaction Safehold will internalize iStar's management team / intellectual property, replacing Safehold's external management structure.

Safehold and iStar Announce Business Combination

iStar (STAR) delivered earnings and revenue surprises of -950% and 21.99%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

IStar Financial (STAR) Reports Q2 Loss, Tops Revenue Estimates

iStar Inc. (NYSE:STAR ) Q2 2022 Earnings Conference Call August 4, 2022 10:00 AM ET Company Participants Jason Fooks - Senior Vice President of Investor Relations and Marketing Jay Sugarman - Chairman and Chief Executive Officer Marcos Alvarado - President and Chief Investment Officer Brett Asnas - Chief Financial Officer Conference Call Participants Jade Rahmani - KBW Operator Good morning, and welcome to iStar Second Quarter 2022 Earnings Conference Call. [Operator Instructions] As a reminder, today's conference is being recorded.

iStar Inc. (STAR) CEO Jay Sugarman on Q2 2022 Results - Earnings Call Transcript

NEW YORK , Aug. 4, 2022 /PRNewswire/ -- iStar Inc. (NYSE: STAR) today reported results for the second quarter ended June 30, 2022. Highlights for the quarter include: Net income (loss) of ($138.5) million or ($1.70) per diluted common share Adjusted earnings (loss) of ($34.2) million or ($0.42) per diluted common share During the quarter, exchanged $194 million of convertible notes for 13.75 million shares of common stock and $14 million of cash, recognizing a $298 million increase to book equity, offset by a $118 million loss on early extinguishment of debt $139 million of proceeds from legacy asset sales and loan repayments Safehold closed $381 million 1 of new originations, bringing Safehold's total aggregate portfolio to $5.9 billion and total UCA to approximately $9.9 billion "iStar made considerable progress in the second quarter, simplifying our balance sheet and continuing to help scale Safehold and our ground lease-adjacent businesses," said Jay Sugarman, Chairman and Chief Executive Officer.

iStar Reports Second Quarter 2022 Results

NEW YORK , July 29, 2022 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced today that it will release its financial results for the second quarter 2022 on Thursday, August 4, 2022, prior to the opening of the market. The Company will host an earnings conference call reviewing these results and its operations beginning at 10:00 a.m.

iStar Sets Second Quarter 2022 Earnings Release Date and Webcast

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STAR's share price has collapsed due to fears of inflation. But iStar enjoys better inflation protection than the market is giving it credit for.

I Bought The Dip In iStar, Here's Why

NEW YORK , June 1, 2022 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced today an adjustment to the conversion rate of its 3.125% Convertible Senior Notes due 2022 as a result of the common stock cash dividends to be paid on June 15, 2022. The conversion price applicable to the outstanding Convertible Notes has been adjusted to $13.73 per share (72.8554 shares of iStar common stock per $1,000 principal amount of Notes) effective May 31, 2022 and subject to further adjustment as provided in the governing supplemental indenture.

iStar Announces Adjustment of Conversion Rate for Convertible Notes

NEW YORK , May 9, 2022 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced today that Moody's Investors Services ("Moody's") has upgraded iStar's corporate family and senior unsecured ratings to Ba2, from a previous rating of Ba3. Additionally, Moody's has also upgraded iStar's preferred stock rating to B1 and has withdrawn iStar's Speculative Grade Liquidity Rating of SGL-2.

iStar Announces Corporate Credit Rating Upgrade to Ba2 by Moody's

iStar Inc. (NYSE:STAR ) Q1 2022 Earnings Conference Call May 4, 2022 10:00 AM ET Company Participants Jay Sugarman – Chairman & Chief Executive Officer Marcos Alvarado – President & Chief Investment Officer Brett Avnet – Chief Financial Officer Jason Fooks – Senior Vice President of Investor Relations & Marketing Conference Call Participants Stephen Laws – Raymond James Jade Rahmani – Keefe, Bruyette & Woods Matthew Howlett – B. Riley Securities Operator Good morning, and welcome to iStar's First Quarter 2022 Earnings Conference Call.

iStar Inc. (STAR) CEO Jay Sugarman on Q1 2022 Results - Earnings Call Transcript

iStar (STAR) delivered earnings and revenue surprises of 12.09% and 24.82%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

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