|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||10.68 - 10.75|
|52 Week Range||9.75 - 12.22|
|PE Ratio (TTM)||6.88|
|Earnings Date||Aug 2, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||12.50|
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 ...
Located in Asbury Park, NJ, just 70 minutes from New York City, Asbury Ocean Club will welcome residents into sun-drenched apartments with ocean views, wraparound terraces, and an ultra-luxe design that is unlike anything along the Jersey coast. Asbury Ocean Club is the crown jewel of real-estate leader iStar (STAR), a passionate investor in Asbury Park whose roots in town stretch back more than a decade. "It List" by Travel + Leisure) and is also the force behind Monroe, a collection of 34 condominium homes designed by Oppenheim Architects, and the newly reopened Asbury Lanes, the state-of-the-art bowling alley and music venue programmed by The Bowery Presents, one of the nation's leading live-music promoters.
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.
LONDON, UK / ACCESSWIRE / June 28, 2018 / If you want a free Stock Review on GPT sign up now at www.wallstequities.com/registration. Losses were broad based as eight out of nine sectors finished the trading session in red. WallStEquities.com has initiated research reports on the following REIT - Diversified stocks: iStar Inc. (NYSE: STAR), Lamar Advertising Co. (REIT) (NASDAQ: LAMR), Gramercy Property Trust (NYSE: GPT), and Ladder Capital Corp. (NYSE: LADR).
NEW YORK, June 20, 2018 /PRNewswire/ -- iStar Inc. (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.
Bruce Springsteen defined Asbury Park as a working-class crucible in the imaginations of millions of fans. Now a real estate developer is hoping the rock star can attract attention to its luxury condo project on the Jersey shore. Springsteen performed Monday night at Asbury Lanes, a bowling alley and music venue recently reopened by the commercial real estate lender and developer iStar Inc. “I walk down the boardwalk now, I feel like the Ghost of Christmas Past,” he told a cheering crowd that included New Jersey Governor Phil Murphy.
NEW YORK, June 12, 2018 /PRNewswire/ -- iStar (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. The transaction is the culmination of iStar's long-term vision to transform a struggling retail center in the Phoenix metropolitan area surrounded by 70-plus acres of undeveloped land and empty parking lots into one of the most successful mixed-use entertainment destinations in the Southwest region. Since 2012, iStar has executed over 50 retail and office leases totaling in excess of 260,000 square feet, converted two floors of vacant office space into 76 luxury loft-style residential units, and brought to the district multiple new entertainment options including Dave & Busters and Tavern+Bowl.
NEW YORK, June 11, 2018 /PRNewswire/ -- iStar Inc. (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 in our revolving credit facility.
NEW YORK, June 5, 2018 /PRNewswire/ -- iStar (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. Building on over two decades of experience and more than $35 billion of transactions, iStar brings uncommon capabilities and new ways of thinking to commercial real estate and adapts its investment strategy to changing market conditions.
NEW YORK, May 30, 2017 /PRNewswire/ -- iStar (STAR) announced today that Jay Sugarman, Chairman and Chief Executive Officer, will present at the 2018 Keefe, Bruyette & Woods Mortgage Finance & Asset Management Conference in New York, NY on Thursday, May 31, 2018 at 9:20 am ET. Building on over two decades of experience and more than $35 billion of transactions, iStar brings uncommon capabilities and new ways of thinking to commercial real estate and adapts its investment strategy to changing market conditions.
Stock Research Monitor: IRET, STAR, and LAMR LONDON, UK / ACCESSWIRE / May 18, 2018 / If you want a free Stock Review on IVR sign up now at www.wallstequities.com/registration . On Thursday, May 17, 2018, ...
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. ...
The New York-based company said it had profit of 35 cents per share. Earnings, adjusted for non-recurring costs, were $1.61 per share. The commercial real estate finance company posted revenue of $364.2 ...
NEW YORK , May 3, 2018 /PRNewswire/ -- iStar (NYSE: STAR) today reported results for the first quarter ended March 31, 2018 . Highlights for the quarter include: Net income of $26.8 million or $0.35 per ...
NEW YORK, April 23, 2018 /PRNewswire/ -- iStar (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. (SAFE), harvested value from legacy assets, and laid the groundwork for a bright future ahead. Reflecting on iStar's 20th anniversary as a public company, Chairman and Chief Executive Officer Jay Sugarman offers a letter to shareholders invoking over two decades of contrarian thinking that have unlocked value in areas of the real estate market that have otherwise been overlooked.
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 ...
NEW YORK, March 27, 2018 /PRNewswire/ -- iStar (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. The Company also announced that Geoff Jervis will step down as CFO to pursue other opportunities and Mr. Richardson will take on the additional role of interim CFO of both iStar and Safety, Income and Growth (SAFE) while a search is undertaken for a permanent CFO. Mr. Jervis will remain an advisor to the Company during the transition.
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. Now, Asbury Park is about to reclaim the gathering place that many consider its beating heart. After a loving restoration aimed at keeping as many original features as possible, Asbury Lanes will reopen Memorial Day weekend as the same anything-goes local hangout it always was - and reborn as a state-of-the-art music venue whose wild history permeates every square foot.
NEW YORK, Feb. 27, 2018 /PRNewswire/ -- iStar Inc. (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. "Marcos brings significant real estate investment experience as well as valuable leadership and perspective to our company as we continue to focus on our creative approach to the market," said Mr. Sugarman.
The New York-based company said it had profit of 7 cents per share. Earnings, adjusted for asset impairment costs and non-recurring costs, were 40 cents per share. The commercial real estate finance company ...
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 ...