NEW YORK, Feb. 14 /PRNewswire-FirstCall/ -- iStar Financial Inc.
(NYSE: SFI), a leading publicly traded finance company focused on the
commercial real estate industry, announced today that the Company's Board of
Directors has declared dividends on the Company's Series D, Series E, Series
F, Series G, and Series I Preferred Stock. For all five series of Preferred
Stock, dividends are payable on March 15, 2007 to holders of record on March
A dividend of $0.50 per share will be paid on the 8.00% Series D Preferred
Stock; a dividend of $0.492188 per share will be paid on the 7.875% Series E
Preferred Stock; a dividend of $0.4875 per share will be paid on the 7.80%
Series F Preferred Stock; a dividend of $0.478125 per share will be paid on
the 7.65% Series G Preferred Stock; and a dividend of $0.46875 per share will
be paid on the 7.50% Series I Preferred Stock.
iStar Financial Inc. is a leading publicly traded finance company focused
on the commercial real estate industry. The Company primarily provides
custom-tailored financing to high-end private and corporate owners of real
estate, including senior and mezzanine real estate debt, senior and mezzanine
corporate capital, corporate net lease financing and equity. The Company,
which is taxed as a real estate investment trust ("REIT"), seeks to deliver
strong dividends and superior risk-adjusted returns on equity to shareholders
by providing innovative and value added financing solutions to its customers.
Additional information on iStar Financial is available on the Company's
website at http://www.istarfinancial.com.
SOURCE iStar Financial Inc.
Catherine D. Rice, Chief Financial Officer
Andrew G. Backman, Vice President - Investor Relations
Both of iStar Financial Inc.