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iStar (NYSE: STAR) finances, invests in and develops real estate and real estate related projects as an adaptive investment company, bringing uncommon capabilities and new ways of thinking to commercial real estate. Building on more than $35 billion in transactions, including $10 billion in residential projects over the past two decades, iStar is one of the largest investors in luxury condominium, multi-family and master-planned residential developments in the U.S. 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. Additional information on iStar is available at www.iStar.com.