Real Estate Central

NEW YORK, July 1 /PRNewswire-FirstCall/ — iStar Financial Inc. (NYSE:
SFI), a leading publicly traded finance company focused on the commercial
real estate industry, announced today that the Company’s Board of Directors
has declared a regular quarterly cash dividend on its common stock of $0.87
per share for the quarter ending June 30, 2008. The $0.87 dividend is
payable on July 31, 2008 to holders of record at the close of business on
July 15, 2008.

* * *

iStar Financial Inc. is a leading publicly traded finance company
focused on the commercial real estate industry. The Company primarily
provides custom-tailored investment capital to high-end private and
corporate owners of real estate, including senior and mezzanine real estate
debt, senior and mezzanine corporate capital, as well as corporate net
lease financing and equity. The Company, which is taxed as a real estate
investment trust (”REIT”), seeks to deliver strong dividends 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
http://www.istarfinancial.com.

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[Via Real Estate Newswire]