iStar Inc.
STAR-PG
New York Stock Exchange25.04
USD
+0.03
- -
iStar Inc.
STAR-PG
(New York Stock Exchange)
Recent
price
25.04
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Similar Companies
- Business
- iStar Inc. iStar Inc., a New York-based real estate investment trust founded in 1993 and headquartered at 1114 Avenue of the Americas, focuses on real estate finance, net lease investments, land development, and operating properties across the United States; its core offerings include modern ground leases on institutional-quality multifamily, office, industrial, hospitality, student housing, life science, retail, health care, residential, hotel, and resort properties, as well as financing solutions, triple-net leases spanning industrial, office, and entertainment assets totaling 18.3 million square feet, and ground lease capital for transactions sized $15 million to $500 million with cap rates of 4.25% to 5.0% in top 30 U.S. markets. The company, recognized as the founder, investment manager, and largest shareholder of Safehold Inc. Safehold Inc., leverages its national platform and over $40 billion in historical transactions to innovate in the $7 trillion institutional commercial real estate market, delivering long-term capital for acquisitions, recapitalizations, and developments that reduce equity requirements, lower costs, enhance returns, and mitigate risks through predictable 99-year ground rents without fair market value resets. In March 2023, iStar Inc. completed a transformative reverse merger with Safehold Inc., spinning off legacy assets to Star Holdings stockholders while consolidating operations under Safehold's modern ground lease model; subsequently, in 2024, it sold its net lease business to Carlyle Global Credit for an enterprise value of approximately $3 billion, and in August 2024, acquired partners' shares in existing ground lease ventures for $48.3 million, refining its focus on high-quality ground lease expansion.