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05/14/2003

iStar Financial Presents at Goldman Sachs Financial Services Conference

NEW YORK, May 14, 2003 /PRNewswire-FirstCall via COMTEX/ -- iStar Financial Inc. (NYSE: SFI) presented at the Goldman Sachs Financial Services Conference in New York City on May 13, 2003. The Company was one of 16 leading financial services firms to present at the conference. iStar Financial's presentation has been archived and is available on its website, www.istarfinancial.com, under the "investor relations" section.

iStar Financial is the leading publicly traded finance company focused on the commercial real estate industry. The Company provides custom-tailored financing to high-end private and corporate owners of real estate nationwide, including senior and junior mortgage debt, senior, mezzanine and subordinated corporate capital, and corporate net lease financing. The Company, which is taxed as a real estate investment trust, seeks to deliver a strong dividend 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

Catherine D. Rice, Chief Financial Officer, +1-212-930-9400,
Andrew C. Richardson, Executive Vice President, +1-212-930-9400, or Erin C.
Gatewood, Associate, Investor Relations, +1-212-930-9400, all of iStar
Financial
http://www.istarfinancial.com
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