NEW YORK, March 7 /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 a regular quarterly cash dividend on its common stock
of $0.87 per share for the quarter ending March 31, 2008. The $0.87 dividend
is payable on April 30, 2008 to holders of record at the close of business on
March 17, 2008.
The Company will host a conference call at 8:30 a.m. EDT today, March 7,
2008 to provide investors with an update on the Company. The conference call
may be accessed domestically by dialing (800) 230-1096 or internationally by
dialing (612) 288-0329; no passcode is required. The replay will be available
through March 21, 2008 domestically by dialing (800) 475-6701 and
internationally by dialing (320) 365-3844; passcode 914900.
In addition, the conference call will be broadcast live over the Internet
and can be accessed by all interested parties through iStar Financial's
website, www.istarfinancial.com, under the "Investor Relations" section. To
listen to the live call, please go to the website's "Investor Relations"
section at least 15 minutes prior to the start of the call to register. For
those who are not available to listen to the live broadcast, a replay will be
available shortly after the call on the iStar Financial website.
* * *
iStar Financial Inc. is a leading publicly traded finance company focused
on the commercial real estate industry. The Company primarily provides
custom-tailored investment capital to high-end private and corporate owners of
real estate, including senior and mezzanine real estate debt, senior and
mezzanine corporate capital, as well as 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 www.istarfinancial.com.
SOURCE iStar Financial Inc.
Catherine D. Rice
Chief Financial Officer
Andrew G. Backman
Senior Vice President - Investor Relations
both of iStar Financial Inc.
Web site: http://www.istarfinancial.com