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ISTAR INC. 7.50% Series I Cumulative Redeemable Preferred Stock, also called iStar (Preferred), is a real estate investment trust company, which engages in financing, investing, and development of real estate and related projects. It operates through the following business segments: Real Estate Finance, Net Lease, Operating Properties, Land and Development, and Corporate/Others. The Real Estate Finance segment includes all of the activities of the company related to senior and mezzanine real estate loans and real estate related securities. The Net Lease segment comprises activities of the company and operations related to the ownership of properties generally leased to single corporate tenants. The Operating Properties segment focuses in the activities and operations related to its commercial and residential properties. The Land and Development segment refers to the developable land portfolio of the company. The Corporate/Other segment represents all the corporate level and unallocated items, joint venture, and strategic investments which are not included in the other reportable segments. The company was founded by Jay Sugarman in 1993 and is headquartered in New York, NY. The listed name for STAR-I is ISTAR INC. 7.50% Series I Cumulative Redeemable Preferred Stock.
Jay Sugarman, MBA
New York, New York
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