iStar Financial Increases Regular Quarterly Dividend

Apr 02, 2001, 01:00 ET from iStar Financial Inc.

    NEW YORK, April 2 /PRNewswire/ -- iStar Financial Inc. (NYSE:   SFI), the
 leading publicly-traded finance company focused exclusively on the commercial
 real estate industry, today announced that its Board of Directors has declared
 a regular quarterly cash dividend on its common stock of $0.6125 per share for
 the quarter ending March 31, 2001.  The $0.6125 dividend represents a
 2.1% increase over iStar Financial's first quarter 2000 dividend of
 $0.60.  The $0.6125 dividend is payable on April 30, 2001 to holders of record
 on April 16, 2001.
     iStar Financial is the leading publicly traded 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 innovative and value-added financing
 solutions to its customers.  Additional information on iStar Financial is
 available on the Company's Web site at www.istarfinancial.com.
 
 

SOURCE iStar Financial Inc.
    NEW YORK, April 2 /PRNewswire/ -- iStar Financial Inc. (NYSE:   SFI), the
 leading publicly-traded finance company focused exclusively on the commercial
 real estate industry, today announced that its Board of Directors has declared
 a regular quarterly cash dividend on its common stock of $0.6125 per share for
 the quarter ending March 31, 2001.  The $0.6125 dividend represents a
 2.1% increase over iStar Financial's first quarter 2000 dividend of
 $0.60.  The $0.6125 dividend is payable on April 30, 2001 to holders of record
 on April 16, 2001.
     iStar Financial is the leading publicly traded 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 innovative and value-added financing
 solutions to its customers.  Additional information on iStar Financial is
 available on the Company's Web site at www.istarfinancial.com.
 
 SOURCE  iStar Financial Inc.