iStar (NYSE: STAR) finances, invests in and develops real estate and real estate related assets as an adaptive investment company. 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. Structured as a real estate investment trust (“REIT”), its portfolio is diversified by asset type, property type, geography and obligor, with a focus on larger assets located in major metropolitan markets.

Type
Public
HQ
New York, US
Founded
1993
Size (employees)
193 (est)
Website
istar.com
iStar was founded in 1993 and is headquartered in New York, US

iStar Office Locations

iStar has offices in New York, Dallas, Newport Beach, Glastonbury and in 5 other locations
New York, US (HQ)
1114 Ave Of The Americas
Honolulu, US
142 The Ilikai 1777 Ala Moana Blvd
San Francisco, US
1 Sansome St
Chicago, US
1900 525 W Monroe St
Los Angeles, US
1260 10960 Wilshire Blvd
Alpharetta, US
575 3480 Preston Ridge Rd
Glastonbury, US
201 180 Glastonbury Blvd
Newport Beach, US
225 4350 Von Karman Ave
Dallas, US
150 13727 Noel Rd

iStar Metrics

iStar Financial Metrics

iStar's revenue was reported to be $477 m in FY, 2016 which is a 7% decrease from the previous period.

Revenue (FY, 2016)

$477 m

Revenue growth (FY, 2015 - FY, 2016), %

(7%)

Net income (FY, 2016)

$100.2 m

EBIT (FY, 2016)

($5.1 m)

Market capitalization (19-May-2017)

$867.4 m

Closing share price (19-May-2017)

$11.9

Cash (31-Dec-2016)

$328.7 m
iStar's current market capitalization is $867.4 m.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$390.8 m$462 m$514.6 m$477 m

Revenue growth, %

18%11%(7%)

Operating expense total

$613.2 m$601.8 m$638.8 m$568 m

EBIT

($41.5 m)($94.9 m)($32.2 m)($5.1 m)

EBIT margin, %

(11%)(21%)(6%)(1%)

Interest expense

$266.2 m$224.5 m$224.6 m$221.4 m

Interest income

$108 m$122.7 m$134.7 m$129.2 m

Pre tax profit

($221.4 m)($70.3 m)($92.3 m)

Income tax expense

$659 k($3.9 m)($7.6 m)$10.2 m

Net Income

($111.2 m)$15.8 m($6.2 m)$100.2 m
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

$513.6 m$472.1 m$711.1 m$328.7 m

Accounts Receivable

Inventories

Total Assets

$5.6 b$5.5 b$5.6 b$4.8 b

Accounts Payable

Preferred Stock

$22 k$22 k$22 k$22 k

Additional Paid-in Capital

$4 b$4 b$3.7 b$3.6 b

Retained Earnings

($2.5 b)($2.6 b)($2.6 b)($2.6 b)

Total Equity

$1.3 b$1.2 b$1.1 b$1.1 b

Financial Leverage

4.3 x4.4 x5.1 x4.6 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

($111.2 m)$15.8 m($6.2 m)$100.2 m

Depreciation and Amortization

$71.3 m$73.6 m$65.2 m$54.3 m

Accounts Receivable

Inventories

Accounts Payable

Cash From Operating Activities

$257.2 m($41.5 m)($59.9 m)
Y, 2016

Financial Leverage

4.6 x

iStar Market Value History

iStar Company Life

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