IStar

IStar, which is seeking to restructure its debt to avert bankruptcy, notified lenders it will repay the entire portion under the loan maturing in June 2012 next week, the company said in a statement.

BusinessWeek.com -- Top News 2010

IStar, which is seeking to restructure its debt to avert bankruptcy, notified lenders that it will repay the loan maturing in June 2012 next week, the company said today in a statement, announcing third-quarter results.

BusinessWeek.com -- Top News 2010

IStar's shares were trading at $9, off 0.66%, in 4 p.m. trading on the New York Stock Exchange.

Financing Improves IStar's Outlook A.D. Pruitt 2011

IStar last year auctioned off a multifamily complex in Arlington, Va., that the company had taken over in a foreclosure action.

As Values Increase, iStar Looks to Dig Out A.D. Pruitt 2011

IStar was hurt particularly by its decision in 2007 to purchase the commercial real-estate portfolio of Fremont General Corp., a failing lender that was undone by the subprime-mort gage crisis.

Financing Improves IStar's Outlook A.D. Pruitt 2011

IStar also faces refinancing risk toward the end of 2012 when $780 million in convertible debt matures.

Financing Improves IStar's Outlook A.D. Pruitt 2011

IStar has benefited from this rise as it has sold assets to shore up its balance sheet.

As Values Increase, iStar Looks to Dig Out A.D. Pruitt 2011

IStar had been under the gun to get the capital to refinance $2.2 billion in debt maturing in June.

Financing Improves IStar's Outlook A.D. Pruitt 2011

IStar, which went public in 1998, got into trouble by jumping into the distressed market too early.

As Values Increase, iStar Looks to Dig Out A.D. Pruitt 2011

IStar Financial Inc. has raised nearly $3 billion in new financing that clears the way for the commercial property financier to pay off nearly all of its secured debt obligations and steer clear of financial peril.

Financing Improves IStar's Outlook A.D. Pruitt 2011