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iStar Financial Inc. Message Board

  • quadruplemalt quadruplemalt Jan 28, 2013 2:33 PM Flag

    Preferreds & LNR

    It's interesting to see how strong the preferreds have been, with the "I" series printing a sub 8% yield today.

    In addition to the positive fundamental developments the tax attributes of the shares undoubtedly make an iStar 8% coupon compare favorably to most of its peers.

    It's also interesting to observe the juice STWD got from the LNR announcement, up a $1.60 or so over two days.

    Quad

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