| Business Summary | | iStar
Financial
Inc.
is
a
finance
company
focused
on
the
commercial
real
estate
industry.
The
Company
provides
structured
financing
to
private
and
corporate
owners
of
real
estate
nationwide,
including
senior
and
junior
mortgage
debt,
corporate
mezzanine
and
subordinated
capital
and
corporate
net
lease
financing.
The
Company,
which
is
taxed
as
a
real
estate
investment
trust,
seeks
to
deliver
superior
risk-adjusted
returns
on
equity
to
shareholders
by
providing
value-added
financing
solutions
to
its
customers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | iStar
Financial
Inc.,
a
specialized
finance
company
focused
exclusively
on
the
commercial
real
estate
industry,
is
taxed
as
a
REIT.
For
the
six
months
ended
6/01,
revenues
rose
6%
to
$243.4
million.
Net
income
before
extraordinary
item
and
accounting
change
applicable
to
Common
rose
10%
to
$96.5
million.
Revenues
reflect
a
higher
average
balance
of
loans
and
other
lending
investments.
Net
income
reflects
increased
gains
from
the
sale
of
corporate
tenant
lease
assets. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Jay Sugarman, 39 Chairman,
CEO | $975K | -- | Spencer Haber, 32 Pres,
CFO, Director | 725K | $1.5M | Timothy O'Connor Exec.
VP - Asset Management and COO | 222K | 167K | H. Cabot Lodge, III, 45 Exec.
VP, Director | -- | -- | Nina Matis Exec.
VP, Gen. Counsel | -- | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|