istar Inc (N:STAR)

Nov 04, 2019 04:34 pm ET
iStar Declares Quarterly Common and Preferred Stock Dividends
NEW YORK, Nov. 4, 2019 /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 fourth quarter of 2019. The common dividend is payable on December 2, 2019 to holders of record on November 18, 2019 and dividends for all four series of Preferred Stock are payable on December 16, 2019 to holders of record on December 2, 2019.  ...
Oct 31, 2019 08:00 am ET
iStar Reports Third Quarter 2019 Results
NEW YORK, Oct. 31, 2019 /PRNewswire/ -- iStar Inc. (NYSE: STAR) today reported results for the third quarter ended September 30, 2019. ...
Oct 11, 2019 08:00 am ET
iStar Sets Third Quarter 2019 Earnings Release Date and Webcast
NEW YORK, Oct. 11, 2019 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced today that it will release its financial results for the third quarter 2019 on Thursday, October 31, 2019, prior to the opening of the market....
Sep 12, 2019 04:30 pm ET
iStar Announces Pricing of $675 Million of Senior Unsecured Notes
NEW YORK, Sept. 12, 2019 /PRNewswire/ -- iStar (NYSE: STAR) announced today that it has agreed to sell at par $675 million aggregate principal amount of its 4.75% Senior Unsecured Notes due 2024. The closing of the offering of the senior unsecured notes is expected to occur on September 16, 2019, subject to customary conditions. ...
Sep 11, 2019 07:31 am ET
iStar Launches Offering of $675 Million of Senior Unsecured Notes
NEW YORK, Sept. 11, 2019 /PRNewswire/ -- iStar (NYSE: STAR) announced today that it has launched an offering, subject to market and other conditions, of $675 million aggregate principal amount of Senior Unsecured Notes due 2024. The Company intends to use the net proceeds of the offering and cash on hand to redeem in full its 4.625% Senior Notes due 2020 and 6.50% Senior Notes due 2021, and to pay related fees and expenses.   ...
Aug 06, 2019 05:24 pm ET
Safehold Announces Public Offering and Concurrent Private Placement
Safehold Inc. (NYSE: SAFE) announced today that it has commenced an underwritten public offering to sell 3,000,000 shares of its common stock. The Company intends to grant the underwriters in the offering a 30-day option to purchase up to an additional 450,000 shares of its common stock.
Aug 02, 2019 04:30 pm ET
iStar Declares Quarterly Common and Preferred Stock Dividends
NEW YORK, Aug. 2, 2019 /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 2019. The common dividend is payable on August 30, 2019 to holders of record on August 15, 2019 and dividends for all four series of Preferred Stock are payable on September 16, 2019 to holders of record on September 3, 2019.  ...
Aug 01, 2019 07:30 am ET
iStar Reports Second Quarter 2019 Results
NEW YORK, Aug. 1, 2019 /PRNewswire/ -- iStar Inc. (NYSE: STAR) today reported results for the second quarter ended June 30, 2019. ...
Jul 01, 2019 04:30 pm ET
iStar Announces the Completion of the Sale of its Preferred Freezer Net Lease Assets
NEW YORK, July 1, 2019 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced that it has closed on the previously announced sale of its portfolio of seven cold storage properties leased to Preferred Freezer Services, LLC for a price of $442.5 million, including the assumption of $228 million of debt by the purchaser. The Company currently expects to record a gain of approximately $220 million in its financial statements for the second quarter of 2019. iStar intends to use the net sale proceeds for new investments and working capital. ...
May 21, 2019 08:02 am ET
iStar Announces New Investment and Expanded Relationship with Bowlero
NEW YORK, May 21, 2019 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced a $112 million transaction with Bowlero, the largest operator of bowling entertainment venues in the world, consisting of the purchase of nine bowling centers for $57 million and a commitment to purchase up to $55 million of additional bowling centers over the next several years. The new centers will be added to two of iStar's existing master net leases with Bowlero ("Lease I" and "Lease II"). In connection with this transaction, the maturities of Lease I and Lease II were extended by 15 years to 2047....
May 16, 2019 04:30 pm ET
iStar Declares Quarterly Preferred Stock Dividends
NEW YORK, May 16, 2019 /PRNewswire/ -- iStar (NYSE: STAR) announced today that the Company's Board of Directors has declared quarterly dividends on the Company's Preferred Stock for the second quarter of 2019. Dividends for all four series of Preferred Stock are payable on June 17, 2019 to holders of record on June 3, 2019.  ...
May 06, 2019 04:30 pm ET
iStar Increases Quarterly Common Stock Dividend by 11%
NEW YORK, May 6, 2019 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced that the Company's Board of Directors has declared common stock dividends of $0.10 per share for the second quarter of 2019, an increase of 11%. The dividend represents an annualized rate of $0.40 per share and is payable on May 31, 2019 to holders of record on May 15, 2019....
May 02, 2019 07:00 am ET
iStar Reports First Quarter 2019 Results
NEW YORK, May 2, 2019 /PRNewswire/ -- iStar (NYSE: STAR) today reported results for the first quarter ended March 31, 2019. ...
Apr 16, 2019 04:30 pm ET
iStar Sets First Quarter 2019 Earnings Release Date and Webcast
NEW YORK, April 16, 2019 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced today that it will release its financial results for the first quarter 2019 on Thursday, May 2, 2019, prior to the opening of the market....
Apr 09, 2019 04:15 pm ET
iStar Nominates Richard Lieb to Join Board of Directors
NEW YORK, April 9, 2019 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced today that its Board of Directors has nominated Richard Lieb for election as a Director at its 2019 Annual Meeting of Shareholders on May 16. All current Directors will stand for re-election with the exception of Dale Anne Reiss, a Director since 2008, who has decided not to stand for re-election and will continue to serve as Director until May 16, 2019. ...
Mar 25, 2019 08:30 am ET
iStar Announces the Sale of its Preferred Freezer Net Lease Assets for a Gain of Approximately $215 Million
NEW YORK, March 25, 2019 /PRNewswire/ -- iStar (NYSE: STAR) announced that it has entered into a definitive agreement to sell its portfolio of seven cold storage properties leased to Preferred Freezer Services, LLC to a third party for a price of $442.5 million, including the assumption of $228 million of debt by the purchaser. The Company currently expects to record a gain of approximately $215 million in its financial statements in the quarter in which the sale closes. The transaction is expected to close in the second quarter of 2019, subject to the satisfaction of customary closing condi...
Mar 11, 2019 08:00 am ET
iStar Appoints Douglas Heitner as Chief Legal Officer
NEW YORK, March 11, 2019 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced the appointment of Douglas Heitner as Chief Legal Officer and the retirement of Vice Chairman and Chief Legal Officer, Nina Matis. Mr. Heitner joins the iStar executive team effective March 11, 2019 and Ms. Matis will remain on the executive team as Vice Chairman until July to oversee a smooth transition. Mr. Heitner will report to Jay Sugarman, Chairman and Chief Executive Officer....
Feb 25, 2019 06:00 am ET
iStar Reports Fourth Quarter and Fiscal Year 2018 Results
NEW YORK, Feb. 25, 2019 /PRNewswire/ -- iStar (NYSE: STAR) today reported results for the fourth quarter and fiscal year ended December 31, 2018. ...
Feb 21, 2019 04:00 pm ET
iStar Declares Quarterly Common and Preferred Stock Dividends
NEW YORK, Feb. 21, 2019 /PRNewswire/ -- iStar (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 first quarter of 2019. For the Common Stock and all four series of Preferred Stock, dividends are payable on March 15, 2019 to holders of record on March 4, 2019.  ...
Feb 14, 2019 06:30 am ET
Safety, Income & Growth Inc. Rebrands as Safehold Inc.
As part of its mission to reinvent ground leases and better serve the capital needs of the real estate market, Safety, Income & Growth Inc. has rebranded and changed its company name to Safehold Inc., officially effective on February 25, 2019. This rebrand reflects the natural evolution of Safehold’s business, better projecting the benefits of the company’s market-leading offering and positioning it to further expand its reach and become the industry standard for efficient capital structures.
Feb 01, 2019 04:30 pm ET
iStar Sets Fourth Quarter and Fiscal Year 2018 Earnings Release Date and Webcast
NEW YORK, Feb. 1, 2019 /PRNewswire/ -- iStar (NYSE: STAR) announced today that it will release its financial results for the fourth quarter and fiscal year 2018 on Monday, February 25, 2019, prior to the opening of the market....
Jan 24, 2019 09:00 am ET
Safety, Income & Growth and iStar Provide “SAFE/STAR” One-Stop Capital Solution for Multifamily Conversion in Washington, D.C.
Safety, Income & Growth Inc. (NYSE: SAFE) and iStar Inc. (NYSE: STAR) partnered to originate a new ground lease and first mortgage leasehold loan on an 8-story office property adjacent to the George Washington University campus in Washington, D.C. The building is scheduled to be converted into a 153-unit multifamily building beginning in late 2019 by experienced developer Insight Property Group. iStar provided the leasehold acquisition loan and SAFE provided a newly created lease under their unique “SAFE/STAR” one-stop capital program.
Jan 18, 2019 07:30 am ET
iStar Announces Tax Treatment of 2018 Dividends
NEW YORK, Jan. 18, 2019 /PRNewswire/ -- iStar (NYSE: STAR) announced the tax treatment of its 2018 common and preferred stock dividends....
Jan 03, 2019 07:30 am ET
iStar and Safety, Income & Growth Announce Expanded Relationship
NEW YORK, Jan. 3, 2019 /PRNewswire/ -- iStar Inc. (NYSE: STAR) and Safety, Income & Growth Inc. (NYSE: SAFE) jointly announced today that iStar has made an additional $250 million equity investment in SAFE as part of an expanded effort to accelerate SAFE's growth. The investment provides SAFE with new capital to pursue approximately $750 million of new ground leases assuming SAFE's targeted two-to-one debt-to-equity ratio. Since going public 18 months ago, SAFE has nearly tripled the size of its aggregate ground lease portfolio to approximately $1 billion....
Dec 05, 2018 07:00 am ET
iStar's Corporate Credit Rating Upgraded to Ba3 by Moody's
NEW YORK, Dec. 5, 2018 /PRNewswire/ -- iStar (NYSE: STAR) announced that Moody's has raised the Company's corporate family and senior unsecured credit ratings to Ba3 from B1. Additionally, Moody's upgraded iStar's preferred stock rating to B2 from B3 and maintained a stable rating outlook. This represents the second Moody's upgrade in the last 15 months. Upgrades were based on a combination of solid operating performance from core businesses, substantial reduction of legacy assets, and improved liquidity position. ...
Dec 03, 2018 07:00 am ET
iStar to Participate in the Bank of America Merrill Lynch 2018 Leveraged Finance Conference
NEW YORK, Dec. 3, 2018 /PRNewswire/ -- iStar (NYSE: STAR) announced today that Jason Fooks, Head of Investor Relations, will present at the Bank of America Merrill Lynch 2018 Leveraged Finance Conference in Boca Raton, FL on Wednesday, December 5, 2018 at 11:30 am ET....
Nov 30, 2018 07:00 am ET
iStar Announces Adjustment of Conversion Rate for Convertible Securities
NEW YORK, Nov. 30, 2018 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced today an adjustment to the conversion rates of its 3.125% Convertible Senior Notes due 2022 and its 4.50% Series J Cumulative Convertible Perpetual Preferred Stock as a result of the common stock cash dividend paid on August 31, 2018 and the common stock cash dividend with an ex-dividend date of November 14, 2018 to be paid on November 30, 2018....
Nov 15, 2018 07:30 am ET
iStar Declares Preferred Stock Dividends
NEW YORK, Nov. 15, 2018 /PRNewswire/ -- iStar (NYSE: STAR) announced today that the Company's Board of Directors has declared quarterly dividends on the Company's outstanding shares of Preferred Stock. For all four series of Preferred Stock, dividends are payable on December 17, 2018 to holders of record on December 3, 2018.  ...
Nov 01, 2018 07:00 am ET
iStar Reports Third Quarter 2018 Results
NEW YORK, Nov. 1, 2018 /PRNewswire/ -- iStar (NYSE: STAR) today reported results for the third quarter ended September 30, 2018....
Oct 31, 2018 04:20 pm ET
iStar Declares Quarterly Common Stock Dividend
NEW YORK, Oct. 31, 2018 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced today that the Company's Board of Directors has declared common stock dividends of $0.09 per share for the fourth quarter of 2018. The dividend represents an annualized rate of $0.36 per share and is payable on November 30 to holders of record on November 15, 2018....
Oct 04, 2018 04:20 pm ET
iStar Sets Third Quarter 2018 Earnings Release Date and Webcast
NEW YORK, Oct. 4, 2018 /PRNewswire/ -- iStar (NYSE: STAR) announced today that it will release its financial results for the third quarter on Thursday, November 1, 2018, prior to the opening of the market....
Sep 10, 2018 04:30 pm ET
iStar to Participate in the 2018 Barclays Financial Services Conference
NEW YORK, Sept. 10, 2018 /PRNewswire/ -- Jay Sugarman, Chairman and Chief Executive Officer of iStar (NYSE: STAR) and Safety, Income & Growth (NYSE: SAFE), will present at the 2018 Barclays Financial Services Conference in New York, NY on Thursday, September 13, 2018 at 11:15 am ET....
Aug 21, 2018 06:02 pm ET
iStar Set to Join S&P SmallCap 600
NEW YORK, Aug. 21, 2018 /PRNewswire/ -- iStar Inc (NYSE: STAR) will replace A. Schulman Inc (NASD: SHLM) in the S&P SmallCap 600 effective prior to the open of trading on Monday, August 27. S&P 500 constituent LyondellBasell Industries NV (NYSE: LYB) is acquiring Schulman in a deal expected to be completed today....
Aug 15, 2018 09:00 am ET
iStar Declares Preferred Stock Dividends
NEW YORK, Aug. 15, 2018 /PRNewswire/ -- iStar (NYSE: STAR) announced today that the Company's Board of Directors has declared quarterly dividends on the Company's outstanding shares of Preferred Stock. For all four series of Preferred Stock, dividends are payable on September 17, 2018 to holders of record on September 4, 2018.  ...
Aug 07, 2018 08:15 am ET
Factors of Influence in 2018, Key Indicators and Opportunity within iStar Financial, QUANTENNA COMMS, CRA International,Inc, U.S. Physical Therapy, RBC Bearings, and Pioneer Energy Services — New Rese
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of iStar Financial Inc. (NYSE:STAR), QUANTENNA COMMS (NASDAQ:QTNA), CRA...
Aug 02, 2018 04:20 pm ET
iStar Reports Second Quarter 2018 Results and Initiates Quarterly Common Dividend
NEW YORK, Aug. 2, 2018 /PRNewswire/ -- iStar (NYSE: STAR) today reported results for the second quarter ended June 30, 2018....
Jul 12, 2018 09:00 am ET
iStar Sets Second Quarter 2018 Earnings Release Date and Webcast
NEW YORK, July 12, 2018 /PRNewswire/ -- iStar (NYSE: STAR) announced today that it will release its financial results for the second quarter 2018 on Thursday, August 2, 2018, after the closing of the market....
Jul 10, 2018 07:01 am ET
Asbury Ocean Club Surfside Resort And Residences: Luxury Beachfront Living With Unparalleled Resort Amenities & World-class Design Just 70 Minutes From Manhattan
ASBURY PARK, N.J., July 10, 2018 /PRNewswire/ -- A legendary live music scene. A booming restaurant culture. A shoreline to rival any around, all just a stone's throw from NYC. The nation's hottest hotel that offers international crowds a place to stay. And now: a place to live that's bringing the wonder back to beachfront living. Asbury Ocean Club, Surfside Resort and Residences is the Tri-State's most anticipated and most complete luxury residential oceanfront development in decades. Located in Asbury Park, NJ, just 70 minutes from New York City, Asbury Ocean Club will welcome residents in...
Jul 02, 2018 09:00 am ET
iStar Announces Senior Executive Promotions
NEW YORK, July 2, 2018 /PRNewswire/ -- iStar Inc. (NYSE: STAR) today announced promotions among its senior management team. Marcos Alvarado, who recently joined iStar as Chief Investment Officer, has also been named President, effective immediately. Andrew C. Richardson, who recently returned to the firm as President of Land & Development and who has been serving as interim Chief Financial Officer, has agreed to take on the role of Chief Financial Officer on an ongoing basis. As a result, iStar has concluded its Chief Financial Officer search....
Jun 20, 2018 05:56 pm ET
iStar Prices the Upsizing, Extension and Amendment of its Senior Secured Term Loan
NEW YORK, June 20, 2018 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced it has received commitments from lenders to re-price, amend and extend its senior secured term loan. The principal amount of the amended term loan will be increased to $650 million from $377 million, the annual interest rate will be reduced to LIBOR plus 2.75% from LIBOR plus 3.00% and the maturity date will be extended to June 2023 from October 2021. The amended term loan will be priced at 99.875% and call protection for lenders will be reset for six months....
Jun 12, 2018 02:00 pm ET
iStar Completes Successful Redevelopment and Sale of Westgate Entertainment District
NEW YORK, June 12, 2018 /PRNewswire/ -- iStar (NYSE: STAR) announced today it has completed the repositioning and sale of the Westgate Entertainment District, Arizona's premier sports and entertainment destination, to YAM Properties LLC for $133 million. ...
Jun 11, 2018 12:30 pm ET
iStar Announces Proposed Upsizing, Repricing, and Extension of its Senior Secured Term Loan
NEW YORK, June 11, 2018 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced it is seeking lender commitments to upsize, reprice and extend its existing senior secured term loan facility. The amended term loan will be collateralized by existing and new collateral. As part of the transaction, the Company expects to extend the term loan's maturity from October 2021 to June 2023, obtain new asset addition and substitution flexibility within specified parameters, and gain the ability to pay dividends subject to certain conditions and subject to a corresponding amendment of the dividend restrictions...
Jun 05, 2018 05:47 pm ET
iStar to Present at Nareit's REITweek 2018 Investor Conference
NEW YORK, June 5, 2018 /PRNewswire/ -- iStar (NYSE: STAR) announced today that Jay Sugarman, Chairman and Chief Executive Officer, will participate in a moderated discussion at Nareit's REITweek 2018 Investor Conference in New York, NY on Thursday, June 7, 2018 at 9:30 am ET....
May 16, 2018 05:00 pm ET
iStar Declares Preferred Stock Dividends
NEW YORK, May 16, 2018 /PRNewswire/ -- iStar (NYSE: STAR) announced today that the Company's Board of Directors has declared quarterly dividends on the Company's outstanding shares of Preferred Stock. For all four series of Preferred Stock, dividends are payable on June 15, 2018 to holders of record on June 1, 2018.  ...
May 03, 2018 07:00 am ET
iStar Reports First Quarter 2018 Results
NEW YORK, May 3, 2018 /PRNewswire/ -- iStar (NYSE: STAR) today reported results for the first quarter ended March 31, 2018. ...
Apr 24, 2018 08:20 am ET
Report: Exploring Fundamental Drivers Behind Archrock Partners, Washington Federal, Jack In The Box, iStar Financial, RealPage, and Rambus — New Horizons, Emerging Trends, and Upcoming Developments
NEW YORK, April 24, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Archrock Partners, L.P. (NASDAQ:APLP), Washington Federal,...
Apr 23, 2018 08:30 am ET
iStar Unveils First-Ever Digital Annual Review for 2017
NEW YORK, April 23, 2018 /PRNewswire/ -- iStar (NYSE: STAR) announced today that it has released a digital version of its Annual Review for the first time, which can be accessed by visiting: istar.com/annualreport2017. The Annual Review highlights 2017 as a significant year marked by tangible progress: delivered strong earnings performance, executed a transformative capital markets transaction, received upgrades from all three major rating agencies, launched a revolutionary new company – Safety, Income & Growth Inc. (NYSE: SAFE), harvested value from legacy assets, and laid the groundwor...
Apr 17, 2018 04:54 pm ET
iStar Sets First Quarter 2018 Earnings Release Date and Webcast
NEW YORK, April 17, 2018 /PRNewswire/ -- iStar (NYSE: STAR) announced today that it will release its financial results for the first quarter 2018 on Thursday, May 3, 2018, prior to the opening of the market....
Mar 27, 2018 04:15 pm ET
iStar Announces New Senior Executive Hire and Change in Chief Financial Officer Position
NEW YORK, March 27, 2018 /PRNewswire/ -- iStar (NYSE: STAR) announced today that it has hired Andrew C. Richardson to lead a focused portfolio of longer-term land and development assets as part of its ongoing efforts to monetize and efficiently manage the Company's land and operating property portfolio....
Mar 15, 2018 09:01 am ET
Legendary Hangout And Music Venue Asbury Lanes To Rock Again This Summer After Faithful Restoration That Celebrates The Soul Of Asbury Park
ASBURY PARK, N.J., March 15, 2018 /PRNewswire/ -- Part CBGB, part Cheers, and part Barney's Bowlarama, Asbury Lanes embodies everything special about Asbury Park, the character-filled Jersey Shore city whose revival has made it the comeback story of the decade....
Feb 27, 2018 10:56 am ET
iStar Names Marcos Alvarado as Chief Investment Officer
NEW YORK, Feb. 27, 2018 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced that that Marcos Alvarado has joined the firm as Chief Investment Officer. Mr. Alvarado will be a member of the senior executive team, responsible for overseeing originations and driving growth across the company's diversified $5 billion investment portfolio. He will report to Jay Sugarman, Chairman and CEO....
Feb 26, 2018 07:00 am ET
iStar Inc. to Host Earnings Call
NEW YORK, NY / ACCESSWIRE / February 26, 2018 / iStar Inc. (NYSE: STAR) will be discussing their earnings results in their Q4 Earnings Call to be held on February 26, 2018 at 10:00 AM Eastern Time.
Feb 26, 2018 06:14 am ET
iStar Announces Fourth Quarter and Fiscal Year 2017 Results
NEW YORK, Feb. 26, 2018 /PRNewswire/ -- iStar (NYSE: STAR) today reported results for the quarter and fiscal year ended December 31, 2017. The Company has also published a supplemental to this earnings release which is available at www.istar.com in the "Investors" section....
Feb 23, 2018 07:50 am ET
New Research Coverage Highlights iStar Financial, SEI Investments, Dover, Red Hat, The PNC Financial Services Group, and Royal Caribbean Cruises — Consolidated Revenues, Company Growth, and Expectatio
NEW YORK, Feb. 23, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of iStar Financial Inc. (NYSE:STAR), SEI Investments...
Feb 15, 2018 07:26 am ET
iStar Declares Preferred Stock Dividends
NEW YORK, Feb. 15, 2018 /PRNewswire/ -- iStar (NYSE: STAR) announced today that the Company's Board of Directors has declared quarterly dividends on the Company's outstanding shares of Preferred Stock. For all four series of Preferred Stock, dividends are payable on March 15, 2018 to holders of record on March 1, 2018.  ...
Feb 05, 2018 04:09 pm ET
iStar Sets Fourth Quarter and Fiscal Year 2017 Earnings Release Date and Webcast
NEW YORK, Feb. 5, 2018 /PRNewswire/ -- iStar (NYSE: STAR) announced today that it will release its financial results for the fourth quarter and fiscal year 2017 on Monday, February 26, 2018, prior to the opening of the market....
Jan 22, 2018 03:52 pm ET
iStar Announces Tax Treatment of 2017 Dividends
NEW YORK, Jan. 22, 2018 /PRNewswire/ -- iStar (NYSE: STAR) announced the tax treatment of its 2017 preferred stock dividends....
Dec 06, 2017 08:30 am ET
Market Trends Toward New Normal in Red Hat, PNC Financial Services Group, Royal Caribbean Cruises, iStar Financial, SEI Investments, and Planet Payment — Emerging Consolidated Expectations, Analyst Ra
NEW YORK, Dec. 06, 2017 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Red Hat, Inc. (NYSE:RHT), PNC Financial...
Nov 22, 2017 12:40 pm ET
iStar to Present at the 2017 Bank of America Merrill Lynch Leveraged Finance Conference
NEW YORK, Nov. 22, 2017 /PRNewswire/ -- iStar (NYSE: STAR) announced today that Geoffrey G. Jervis, chief operating officer and chief financial officer, will present at the 2017 Bank of America Merrill Lynch Leveraged Finance Conference in Boca Raton, FL on Wednesday, November 29, 2017 at 7:30 am ET....
Nov 15, 2017 04:58 pm ET
iStar Declares Preferred Stock Dividends
NEW YORK, Nov. 15, 2017 /PRNewswire/ -- iStar (NYSE: STAR) announced today that the Company's Board of Directors has declared quarterly dividends on the Company's outstanding shares of Preferred Stock. For all four series of Preferred Stock, dividends are effective on November 15, 2017, payable on December 15, 2017 to holders of record on December 1, 2017.  ...
Nov 02, 2017 08:00 am ET
iStar Announces Third Quarter 2017 Results
NEW YORK, Nov. 2, 2017 /PRNewswire/ -- iStar (NYSE: STAR) today reported results for the quarter ended September 30, 2017. The Company has also published a supplemental to this earnings release which is available at www.istar.com in the "Investors" section....
Oct 18, 2017 06:07 pm ET
iStar Appoints Kate Doerge as Senior Vice President of Marketing
NEW YORK, Oct. 18, 2017 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced the appointment of Kate Doerge as the Senior Vice President of Marketing. In this new role, Doerge will bring her fashion and lifestyle marketing experience to the commercial real estate world in the creative and innovative manner which iStar is known for. ...
Oct 09, 2017 05:41 pm ET
iStar Sets Third Quarter 2017 Earnings Release Date and Webcast
NEW YORK, Oct. 9, 2017 /PRNewswire/ -- iStar (NYSE: STAR) announced today that it will release its financial results for the third quarter 2017 on Thursday, November 2, 2017, prior to the opening of the market....
Sep 21, 2017 05:21 pm ET
iStar Successfully Completes Transformative $2B Capital Markets Strategy and is Upgraded by All Three Rating Agencies
NEW YORK, Sept. 21, 2017 /PRNewswire/ -- iStar (NYSE: STAR) announced that it has successfully completed a transformative set of capital markets transactions that have enhanced its capital structure and improved its earnings profile. ...
Sep 14, 2017 10:56 pm ET
iStar Announces Pricing of Senior Unsecured Notes and Senior Convertible Notes
NEW YORK, Sept. 14, 2017 /PRNewswire/ -- iStar (NYSE: STAR) announced today that it has agreed to sell at par $400.0 million aggregate principal amount of its 4.625% senior unsecured notes due 2020 and $400.0 million aggregate principal amount of its 5.25% senior unsecured notes due 2022. ...
Sep 14, 2017 08:24 am ET
iStar Launches Offerings of Senior Unsecured Notes and Senior Convertible Notes
NEW YORK, Sept. 14, 2017 /PRNewswire/ -- iStar (NYSE: STAR) announced today that it has launched an offering of $800 million aggregate principal amount of senior unsecured notes due 2020 and 2022, and a separate private offering of $250 million aggregate principal amount of senior convertible notes due 2022.  The initial purchasers of the senior convertible notes will have the option to purchase up to an additional $37.5 million aggregate principal amount of the senior convertible notes.  The offerings of the senior unsecured notes and the senior convertible notes are subject to market a...
Sep 11, 2017 05:05 pm ET
iStar Announces Proposed Financing Transactions
NEW YORK, Sept. 11, 2017 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced today that it has engaged J.P. Morgan, Barclays and Bank of America Merrill Lynch to arrange a repricing and extension of iStar's existing senior secured term loan facility.  In connection with the repricing, iStar would utilize cash on hand to repay outstanding loans under the facility to reduce the facility's aggregate principal amount from $473 million to $400 million.  The maturity date of the facility would be extended from July 2020 to September 2021.  The proposed facility would be collateralized by substantial...
Aug 15, 2017 07:38 pm ET
iStar Declares Preferred Stock Dividends
NEW YORK, Aug. 15, 2017 /PRNewswire/ -- iStar (NYSE: STAR) announced today that the Company's Board of Directors has declared dividends on the Company's Series D, Series E, Series F, Series G, Series I and Series J Preferred Stock. For all six series of Preferred Stock, dividends are payable on September 15, 2017 to holders of record on September 1, 2017.  ...
Aug 03, 2017 08:00 am ET
iStar Announces Second Quarter 2017 Results
NEW YORK, Aug. 3, 2017 /PRNewswire/ -- iStar (NYSE: STAR) today reported results for the quarter ended June 30, 2017....
Jul 31, 2017 08:25 am ET
iStar Sets Second Quarter 2017 Earnings Release Date and Webcast
NEW YORK, July 31, 2017 /PRNewswire/ -- iStar (NYSE: STAR) announced today that it will release its financial results for the second quarter 2017 on Thursday, August 3, 2017, prior to the opening of the market....
Jun 06, 2017 09:05 am ET
iStar to Present at the Barclays High Yield Bond & Syndicated Loan Conference
NEW YORK, June 6, 2017 /PRNewswire/ -- iStar (NYSE: STAR) announced today that Geoffrey G. Jervis, chief operating officer and chief financial officer, will present at the Barclays High Yield Bond & Syndicated Loan Conference in Colorado Springs, CO on Thursday, June 8, 2017 at 4:45 pm MT / 6:45 pm ET....
May 26, 2017 06:48 pm ET
iStar to Present at REITWeek 2017: NAREIT's Investor Forum
NEW YORK, May 26, 2017 /PRNewswire/ -- ...
May 23, 2017 09:55 am ET
iStar to Participate in the 2017 KBW Mortgage Finance Conference
NEW YORK, May 23, 2017 /PRNewswire/ -- ...
May 18, 2017 11:03 pm ET
Fitch Ratings Assigns 'BB' Rating to iStar's Senior Unsecured Debt with Positive Outlook
NEW YORK, May 18, 2017 /PRNewswire/ -- iStar (NYSE: STAR) announced that Fitch Ratings launched coverage on iStar, assigning ratings for the Company's senior secured debt, senior unsecured debt and long-term issuer default rating with positive outlook. The following table summarizes Fitch's ratings: ...
May 17, 2017 05:05 pm ET
iStar Declares Preferred Stock Dividends
NEW YORK, May 17, 2017 /PRNewswire/ -- iStar (NYSE: STAR) announced today that the Company's Board of Directors has declared dividends on the Company's Series D, Series E, Series F, Series G, Series I and Series J Preferred Stock. For all six series of Preferred Stock, dividends are payable on June 15, 2017 to holders of record on June 1, 2017.  ...
May 04, 2017 08:00 am ET
iStar Announces First Quarter 2017 Results and Recent Developments
NEW YORK, May 4, 2017 /PRNewswire/ -- iStar (NYSE: STAR) today reported results for the quarter ended March 31, 2017....
Apr 19, 2017 09:00 am ET
iStar Sets First Quarter 2017 Earnings Release Date and Webcast
NEW YORK, April 19, 2017 /PRNewswire/ -- iStar (NYSE: STAR) announced today that it will release its financial results for the first quarter 2017 on Thursday, May 4, 2017, prior to the opening of the market....
Apr 14, 2017 09:00 am ET
US Court of Appeals Affirms Judgment in Favor of iStar
NEW YORK, April 14, 2017 /PRNewswire/ -- iStar (NYSE: STAR) announced that the United States Court of Appeals for the Fourth Circuit affirmed in its entirety the judgment of the United States District Court for the District of Maryland in the matter of U.S. Home Corporation ("Lennar") v. Settlers Crossing, L.L.C., iStar Inc. ("iStar") et al....
Mar 08, 2017 06:24 pm ET
iStar Announces Pricing of $375 Million Senior Unsecured Notes
NEW YORK, March 8, 2017 /PRNewswire/ -- iStar (NYSE: STAR) announced today that it has agreed to sell at par $375 million aggregate principal amount of its 6.00% Senior Unsecured Notes due April 2022. The Company intends to use the net proceeds of the offering and cash on hand to repay in full its 5.85% Senior Notes due March 2017, to redeem in full its 9.00% Senior Notes due June 2017 and to pay related expenses....
Mar 08, 2017 08:56 am ET
iStar Launches Offering of $375 Million Senior Unsecured Notes
NEW YORK, March 8, 2017 /PRNewswire/ --iStar (NYSE: STAR) announced today that it has launched an offering, subject to market and other conditions, of $375 million aggregate principal amount of Senior Unsecured Notes due April 2022. The Company intends to use the net proceeds of the offering and cash on hand to repay in full its 5.85% Senior Notes due March 2017, to redeem in full its 9.00% Senior Notes due June 2017 and to pay related expenses....
Feb 24, 2017 07:06 am ET
iStar Announces Fiscal Year 2016 Results
NEW YORK, Feb. 24, 2017 /PRNewswire/ -- iStar (NYSE: STAR) today reported results for the fiscal year ended December 31, 2016....
Feb 15, 2017 04:30 pm ET
iStar Declares Preferred Stock Dividends
NEW YORK, Feb. 15, 2017 /PRNewswire/ -- iStar (NYSE: STAR) announced today that the Company's Board of Directors has declared dividends on the Company's Series D, Series E, Series F, Series G, Series I and Series J Preferred Stock. For all six series of Preferred Stock, dividends are payable on March 15, 2017 to holders of record on March 1, 2017.  ...
Feb 13, 2017 08:30 am ET
iStar Sets Fiscal Year 2016 Earnings Release Date and Webcast
NEW YORK, Feb. 13, 2017 /PRNewswire/ -- iStar (NYSE: STAR) announced today that it will release its financial results for the fiscal year 2016 on Friday, February 24, 2017, prior to the opening of the market....
Jan 31, 2017 11:26 pm ET
iStar Announces Tax Treatment of 2016 Dividends
NEW YORK, Jan. 31, 2017 iStar (NYSE: STAR) announced today the tax treatment of its 2016 preferred stock dividends....
Jan 27, 2017 07:14 pm ET
iStar Reprices Its Senior Secured Credit Facility
NEW YORK, Jan. 27, 2017 /PRNewswire/ -- iStar (NYSE: STAR) announced today that it has received commitments from lenders to reprice its $497 million senior secured credit facility and increase the balance to $500 million. The term loan will now bear interest at an annual rate of LIBOR + 3.75% with a 1.00% LIBOR floor, a reduction from the prior rate of LIBOR + 4.50% with a 1.00% LIBOR floor. Call protection for lenders was reset for six months. All other terms of the facility, including its June 2020 maturity and 1.25x required collateral coverage, remain the same. ...
Jan 23, 2017 10:13 am ET
iStar Announces Proposed Refinancing of Senior Secured Credit Facility
NEW YORK, Jan. 23, 2017 /PRNewswire/ -- iStar (NYSE: STAR) announced today that it has engaged J.P. Morgan, Barclays Capital and Bank of America Merrill Lynch to arrange a $450 million senior secured term loan facility to reprice and partially repay iStar's existing $497 million senior secured credit facility. The proposed facility will be collateralized by the same pool with the same 1.25x collateral coverage and the same maturity date as the existing facility. ...
Jan 20, 2017 10:38 am ET
The Year's Hottest Hotel, The Asbury, Solidifies Asbury Park As The Country's Coolest Year-Round Destination
ASBURY PARK, N.J., Jan. 20, 2017 /PRNewswire/ -- Since opening on Memorial Day 2016, The Asbury Hotel in Asbury Park, NJ, has made waves with its breathtaking design, unique programming, and sold out occupancy. ...
Nov 16, 2016 10:05 pm ET
iStar Added to MSCI US REIT Index (RMZ)
NEW YORK, Nov. 16, 2016 /PRNewswire/ -- iStar (NYSE: STAR) announced today that it will be added as a constituent to the MSCI US REIT Index (RMZ), effective at the close of market on November 30, 2016....
Nov 15, 2016 04:48 pm ET
iStar Declares Preferred Stock Dividends
NEW YORK, Nov. 15, 2016 /PRNewswire/ -- iStar (NYSE: STAR) announced today that the Company's Board of Directors has declared dividends on the Company's Series D, Series E, Series F, Series G, Series I and Series J Preferred Stock. For all six series of Preferred Stock, dividends are payable on December 15, 2016 to holders of record on December 1, 2016.  ...
Nov 03, 2016 08:00 am ET
iStar Announces Third Quarter 2016 Results
NEW YORK, Nov. 3, 2016 /PRNewswire/ -- iStar (NYSE: STAR) today reported results for the third quarter ended September 30, 2016....
Oct 17, 2016 09:45 pm ET
iStar Sets Third Quarter 2016 Earnings Release Date and Webcast
NEW YORK, Oct. 17, 2016 /PRNewswire/ -- iStar (NYSE: STAR) announced today that it will release its financial results for the third quarter 2016 on Thursday, November 3, 2016, prior to the opening of the market....
Aug 15, 2016 10:37 pm ET
iStar Declares Preferred Stock Dividends
NEW YORK, Aug. 15, 2016 /PRNewswire/ -- iStar (NYSE: STAR) announced today that the Company's Board of Directors has declared dividends on the Company's Series D, Series E, Series F, Series G, Series I and Series J Preferred Stock. For all six series of Preferred Stock, dividends are payable on September 15, 2016 to holders of record on September 1, 2016.  ...
Aug 10, 2016 10:01 am ET
Monroe Solidifies Asbury Park, N.J., As Global Destination To Play, Stay And Now Live
ASBURY PARK, N.J., Aug. 10, 2016 /PRNewswire/ -- On the heels of this summer's highly successful launch of The Asbury Hotel – Asbury Park's first new hotel in more than 50 years – visionary real estate investment firm iStar (NYSE: STAR) announced today the opening of the sales office for Monroe, the next property to launch as part of the company's 10-year, multi-billion dollar redevelopment, hailed as one of the most significant and ambitious plans on the Eastern Seaboard. ...
Aug 09, 2016 07:47 pm ET
iStar Announces Plan to Upsize Senior Secured Credit Facility to $500 Million
NEW YORK, Aug. 9, 2016 /PRNewswire/ -- iStar (NYSE: STAR) announced today that it intends to upsize its senior secured credit facility by $50 million to $500 million. The additional debt will be issued at par. Proceeds from the upsize will be used to pay down outstanding borrowings on the Company's secured revolving credit facility. ...
Aug 04, 2016 08:00 am ET
iStar Announces Second Quarter 2016 Results
NEW YORK, Aug. 4, 2016 /PRNewswire/ -- iStar (NYSE: STAR) today reported results for the second quarter ended June 30, 2016....
Jul 19, 2016 07:20 pm ET
iStar Sets Second Quarter 2016 Earnings Release Date and Webcast
NEW YORK, July 19, 2016 /PRNewswire/ -- iStar (NYSE: STAR) announced today that it will release its financial results for the second quarter 2016 on Thursday, August 4, 2016, prior to the opening of the market....
Jun 23, 2016 03:12 pm ET
iStar Closes New $450 Million Senior Secured Credit Facility
NEW YORK, June 23, 2016 /PRNewswire/ -- iStar (NYSE: STAR) announced today that that it has entered into a new $450 million senior secured credit facility due July 1, 2020. The new term loan bears interest at a rate of LIBOR plus 4.5% with a 1.0% LIBOR floor and was issued at 99.0% of par. Proceeds from the new facility will be used to refinance iStar's 2012 Secured Term Loan due March 2017, partially pay down outstanding borrowings on its Secured Revolving Credit Facility and pay related transaction costs. ...
Jun 08, 2016 05:25 pm ET
iStar Announces Proposed $450 Million Senior Secured Credit Facility
NEW YORK, June 8, 2016 /PRNewswire/ -- iStar (NYSE: STAR) announced today that it has engaged J.P. Morgan, Barclays Capital and Bank of America Merrill Lynch to arrange a $450 million senior secured term loan facility for the Company. Proceeds from the new facility will be used to refinance iStar's 2012 Secured Term Loan due March 2017, partially pay down outstanding borrowings on its Secured Revolving Credit Facility and pay related transaction costs. Outstanding borrowings under the new facility will be collateralized 1.25x by a pool of assets represented primarily by the same real estate ...
May 24, 2016 09:00 am ET
iStar Appoints New COO / CFO
NEW YORK, May 24, 2016 /PRNewswire/ -- iStar Inc. (NYSE: STAR) today announced that Geoffrey G. Jervis is joining iStar as its new Chief Operating Officer and Chief Financial Officer, effective June 15, 2016. Mr. Jervis brings with him an extensive background in corporate and real estate finance, strategic planning, risk and operations management, and public REIT accounting....
May 16, 2016 05:30 pm ET
iStar Declares Preferred Stock Dividends
NEW YORK, May 16, 2016 /PRNewswire/ -- iStar (NYSE: STAR) announced today that the Company's Board of Directors has declared dividends on the Company's Series D, Series E, Series F, Series G, Series I and Series J Preferred Stock. For all six series of Preferred Stock, dividends are payable on June 15, 2016 to holders of record on June 1, 2016....
May 03, 2016 08:00 am ET
iStar Announces First Quarter 2016 Results
NEW YORK, May 3, 2016 /PRNewswire/ -- iStar (NYSE: STAR) today reported results for the first quarter ended March 31, 2016....
Apr 27, 2016 11:16 am ET
Salt School Celebrates Graduation Of 110 Students: 60 To Receive Employment At The New Asbury Hotel
ASBURY PARK, N.J., April 27, 2016 /PRNewswire/ -- Salt School, a 10-week hospitality training program created and led by renowned hotel innovator David Bowd of Salt Hotels, held its graduation on Saturday, April 23rd at the Asbury Park Yacht Club in Asbury Park, NJ. ...
Apr 13, 2016 05:37 pm ET
iStar Sets First Quarter 2016 Earnings Release Date and Webcast
NEW YORK, April 13, 2016 /PRNewswire/ -- iStar (NYSE: STAR) announced today that it will release its financial results for the first quarter 2016 on Tuesday, May 3, 2016, prior to the opening of the market....
Mar 23, 2016 10:31 pm ET
iStar Announces Pricing of $275 Million Unsecured Senior Notes
NEW YORK, March 23, 2016 /PRNewswire/ -- ...
Mar 23, 2016 09:13 am ET
iStar Launches Offering of $250 Million Unsecured Senior Notes
NEW YORK, March 23, 2016 /PRNewswire/ -- iStar (NYSE: STAR) announced today that it has launched an offering, subject to market and other conditions, of $250 million aggregate principal amount of Senior Unsecured Notes due 2021. The Company intends to use the net proceeds of the offering, together with cash on hand, to repay in full its 3.875% Senior Unsecured Notes due July 2016....
Feb 26, 2016 04:09 pm ET
NexMetro Communities Signs New Investment Deal with iStar
PHOENIX, Feb. 26, 2016 /PRNewswire/ -- Phoenix-based homebuilder NexMetro Communities, America's innovator and builder of next generation, leased-home neighborhoods in the Sunbelt, announced today that it has closed on two financing deals with iStar Inc. (NYSE:STAR) for the development of Avilla branded rental communities in the Phoenix area. The newly formed relationship could lead to iStar's investment in as many as nine Avilla communities over the next twelve to eighteen months. NexMetro's developments are located in prime suburban communities within the Phoenix, Dallas-Fort Worth, and De...
Feb 25, 2016 07:00 am ET
iStar Announces Fourth Quarter and Fiscal Year 2015 Results
NEW YORK, Feb. 25, 2016 /PRNewswire/ -- iStar (NYSE: STAR) today reported results for the fourth quarter and fiscal year ended December 31, 2015....
Feb 16, 2016 04:30 pm ET
iStar Declares Preferred Stock Dividends
NEW YORK, Feb. 16, 2016 /PRNewswire/ -- iStar (NYSE: STAR) announced today that the Company's Board of Directors has declared dividends on the Company's Series D, Series E, Series F, Series G, Series I and Series J Preferred Stock. For all six series of Preferred Stock, dividends are payable on March 15, 2016 to holders of record on March 1, 2016.  ...
Feb 16, 2016 07:00 am ET
iStar Announces Preliminary Fourth Quarter and Fiscal Year 2015 Results
NEW YORK, Feb. 16, 2016 /PRNewswire/ -- iStar (NYSE: STAR) today reported preliminary results for the fourth quarter and fiscal year ended December 31, 2015. ...
Feb 10, 2016 05:00 pm ET
iStar Sets Fourth Quarter and Fiscal Year 2015 Earnings Release Date and Webcast
NEW YORK, February 10, 2016 /PRNewswire/ -- iStar (NYSE: STAR) announced today that it will release its financial results for the fourth quarter and fiscal year of 2015 on Thursday, February 25, 2016, prior to the opening of the market....
Jan 29, 2016 04:38 pm ET
iStar Announces Tax Treatment of 2015 Dividends
NEW YORK, Jan. 29, 2016 /PRNewswire/ -- iStar (NYSE: STAR) announced today the tax treatment of its 2015 preferred stock dividends....