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iStar reported a net loss of $86.7 million and adjusted losses of $79.9 million for Q4 2022. The company saw $150 million in proceeds from asset sales and loan repayments. Safehold closed 26 ground leases totaling $1.4 billion in 2022.
Net loss of ($86.7) million or ($1.00) per diluted common share in Q4 2022.
Adjusted earnings (losses) of ($79.9) million or ($0.92) per diluted common share in Q4 2022.
$150 million of proceeds from asset sales and loan repayments in Q4 2022.
$192 million special dividend paid in the form of 6.6 million Safehold shares.
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