STOCK TITAN

Istar Stock Price, News & Analysis

STAR NYSE

Company Description

iStar Inc., traded under the symbol STAR, has established itself as a pioneer in the real estate market by focusing on modern ground leases. This approach unlocks value for property owners across the United States. As the founder, investment manager, and largest shareholder of Safehold Inc. (NYSE: SAFE), iStar has created the first publicly traded company dedicated to modern ground leases, revolutionizing the way real estate is owned.

iStar specializes in identifying and scaling innovative opportunities within the real estate sector. Over the past two decades, the company has completed transactions exceeding $40 billion, showcasing its strength in finance and net leasing. iStar's expertise has allowed it to help property owners of various types, including multifamily, office, industrial, hospitality, student housing, life science, and mixed-use properties, to increase their returns while minimizing risks.

In a significant development, on March 31, 2023, iStar completed a merger with Safehold Inc., with iStar being the survivor for tax purposes. Following the merger, iStar was renamed Safehold Inc. This merger underscores the company's commitment to expanding its innovative platform and delivering long-term capital appreciation and secure, growing income for its shareholders.

Safehold Inc., now operating under the NYSE ticker SAFE, continues its mission to provide property owners with modern, efficient ground leases, helping them unlock the value of the land beneath their buildings. The Company is structured as a real estate investment trust (REIT), further enhancing its financial stability and growth potential. This strategic approach allows Safehold to offer secure investment opportunities and consistent returns to its stakeholders.

  • Modern ground leases.
  • Over $40 billion in transactions.
  • Merger with Safehold Inc.
  • Real Estate Investment Trust (REIT).

With its innovative and consistent approach, iStar, now Safehold Inc., remains a significant player in the real estate market, continually transforming how property ownership and ground leases are managed and optimized.

Stock Performance

$—
0.00%
0.00
Last updated:
- %
Performance 1 year
$662.6M
Market Cap
13.9M
Shares outstanding

SEC Filings

No SEC filings available for Istar.

Financial Highlights

Revenue (TTM)
Net Income (TTM)
Diluted EPS (TTM)
Operating Cash Flow
Net Profit Margin
Oper. Profit Margin

Upcoming Events

Frequently Asked Questions

What is the market cap of Istar (STAR)?

The market cap of Istar (STAR) is approximately 662.6M.

What does iStar Inc. do?

iStar Inc. focuses on providing modern ground leases to unlock value for real estate owners across various property types.

What is the significance of iStar's merger with Safehold Inc.?

The merger, completed on March 31, 2023, resulted in iStar being renamed Safehold Inc., consolidating their innovative ground lease platform.

What types of properties does iStar work with?

iStar works with multifamily, office, industrial, hospitality, student housing, life science, and mixed-use properties.

What is the ticker symbol for Safehold Inc. post-merger?

Post-merger, Safehold Inc. trades under the ticker symbol SAFE on the NYSE.

How has iStar impacted the real estate market?

iStar has pioneered modern ground leases, offering a new approach to property ownership and helping owners generate higher returns with less risk.

What is iStar's transaction history?

iStar has completed over $40 billion in real estate transactions over the past two decades.

What is a modern ground lease?

A modern ground lease is a long-term lease agreement that separates ownership of the land from the buildings on it, providing financial flexibility and value to property owners.

What is iStar's structure post-merger?

Post-merger, iStar operates as Safehold Inc. and is structured as a real estate investment trust (REIT).

What benefits do Safehold's ground leases offer?

Safehold's ground leases offer property owners the ability to unlock land value, reduce risk, and increase returns.

Who is the largest shareholder of Safehold Inc.?

iStar Inc. remains the largest shareholder of Safehold Inc., even after the merger.