iStar Financial (STAR) Reports Q1 EPS of $7.79
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iStar Reports First Quarter 2022 Results
May 3, 2022 7:30 AM EDTNEW YORK, May 3, 2022 /PRNewswire/ -- iStar Inc. (NYSE: STAR) today reported results for the first quarter ended March 31, 2022.
Highlights for the quarter include:
Net income of $610.9 million or $8.85 per diluted common shareAdjusted earnings of $607.5 million or $7.79 per diluted common shareiStar closed previously announced sale of a portfolio of net lease assets for a gross purchase price of $3.07 billion resulting in approximately $585 million net positive impact to common equitySafehold closed $677 million1Â of new originations,... More