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01/29/2016

iStar Announces Tax Treatment of 2015 Dividends

NEW YORK, Jan. 29, 2016 /PRNewswire/ -- iStar (NYSE: STAR) announced today the tax treatment of its 2015 preferred stock dividends.

Series of
Preferred Stock

Ticker
Symbol


CUSIP

Liquidation
Preference


Distributions

Return of
Capital

8.00% Series D

STAR prD

45031U-408

$25.00

$2.00

100%

7.875% Series E

STAR prE

45031U-507

$25.00

$1.968752

100%

7.80% Series F

STAR prF

45031U-606

$25.00

$1.95

100%

7.65% Series G

STAR prG

45031U-705

$25.00

$1.9125

100%

7.50% Series I

STAR prI

45031U-804

$25.00

$1.875

100%

4.50% Series J

N/A

45031U-887

$50.00

$2.25

100%

*      *       *

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 its website at www.istar.com.

iStar logo.

Logo - http://photos.prnewswire.com/prnh/20130708/NY43293LOGO

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/istar-announces-tax-treatment-of-2015-dividends-300212374.html

SOURCE iStar

David M. DiStaso, Chief Financial Officer; Jason Fooks, Vice President of Investor, Relations & Marketing, T 212.930.9400, investors@istar.com

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