iStar
iStar, Safehold’s $1.6B Merger Moves Forward
Stockholders of both entities gave the move a thumbs up.
iStar, Safehold to Merge in $1.6B Deal
This transaction accelerates Safehold’s growth as a pure-play ground-lease company.
Carlyle Strikes $3B Deal for iStar’s Net Lease Unit
The diversified portfolio totals 18 million square feet.
Jay Sugarman on Reinventing the Ground-Lease Business
iStar and Safehold Chairman & CEO Jay Sugarman on how the modern ground lease can serve as a great way to access low-cost, long-term capital.
BH Properties Buys Dallas Office Building
The 60,000-square-foot vacant asset is located on a high-visibility parcel adjacent to highway 75.
iStar Affiliate Closes $535M in Ground Leases
The REIT finalized a previously announced joint venture agreement for a ground lease of 425 Park Ave. in Manhattan and the additional ground lease of a Honolulu hotel.
YAM Properties Acquires Arizona’s Westgate Entertainment District
In one of the state’s largest retail deals ever, iStar sold the 76-acre mixed-use center in Glendale for $133 million after six years of ownership and a major repositioning.
CBRE Arranges Sale of 1 MSF Industrial Asset
The firm worked on behalf of the seller, Ryan Cos. to arrange the $50.3 million disposal of a build-to-suit industrial facility located approximately 80 miles east of Minneapolis.
Scottsdale Office Complex Trades for $53M
Equus and iStar have acquired the asset with a $42.6 million loan provided by Mesa West Capital. The office building marks the joint venture’s second acquisition in Scottsdale.