iStar Financial (STAR) Reports In-Line Q2 EPS

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iStar Reports Second Quarter 2021 Results

August 3, 2021 7:30 AM EDT

NEW YORK, Aug. 3, 2021 /PRNewswire/ -- iStar Inc. (NYSE: STAR) today reported results for the second quarter ended June 30, 2021.

Highlights for the quarter include:

Net income (loss) of ($19.5) million or ($0.27) per diluted common share Adjusted earnings of $12.0 million or $0.15 per diluted common share Unrealized gain on Safehold investment increased by $289 million during the second quarter to $1.7 billion Fitch credit rating upgrade to BB $34 million of legacy asset sales proceeds $167 million of legacy asset sales proceeds... More