NEW YORK, Aug. 13, 2015 /PRNewswire/ -- iStar (NYSE: STAR) announced today that the Company's name will formally change to iStar Inc. from iStar Financial Inc. on August 19, 2015. The change was first announced at the Company's investor presentation in June and reflects the Company's broader investment focus and real estate capabilities.
The Company's common and preferred stock will continue to trade on the New York Stock Exchange under the same symbols, and the CUSIP numbers for its securities will not change.
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iStar (NYSE: STAR) finances, invests in and develops real estate and real estate related projects as part of its fully-integrated investment platform. Building on over two decades of experience and more than $35 billion of transactions, iStar brings uncommon capabilities and new ways of thinking to commercial real estate and adapts its investment strategy to changing market conditions. The Company is structured as a real estate investment trust ("REIT"), with a diversified portfolio focused on larger assets located in major metropolitan markets. Additional information on iStar is available on the Company's website at www.istar.com.
David M. DiStaso, Chief Financial Officer
Jason Fooks, VP of Investor Relations & Marketing
1114 Avenue of the Americas
New York, NY 10036
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SOURCE iStar Financial Inc.