iStar Financial, Inc.
iStar Financial, Inc. is an integrated finance and investment company focused on the commercial real estate industry. The company provides custom-tailored investment capital to high-end private and corporate owners of real estate and invests directly across a range of real estate sectors. It operates its business through four segments: Real Estate Finance, Net Leasing, Operating Properties and Land. The Real Estate Finance segment primarily comprised of senior and mezzanine real estate loans that may be either fixed-rate or variable-rate and are structured to meet the specific financing needs of borrowers. This segment also includes senior and subordinated loans to corporations, particularly those engaged in real estate or real estate related businesses and may be either secured or unsecured. The Net Leasing segment primarily comprised of properties owned by the company and leased to single creditworthy tenants where the properties are subject to long-term leases. The Operating Properties segment comprised of commercial and residential properties which represent a diverse pool of assets across a broad range of geographies and property types. The Land segment primarily comprised of land entitled for master planned communities as well as waterfront and urban infill land parcels located throughout the U.S. iStar Financial was founded by Jay Sugarman in 1993 and is headquartered in New York, NY.