President - Investments
NEW YORK, Nov. 30 /PRNewswire/ -- iStar Financial Inc. (NYSE: SFI) today
announced the appointment of Daniel S. Abrams to the position of Executive
Vice President - Investments. Mr. Abrams joins iStar Financial's New York
team and will focus on originating new structured finance investments. "Dan's
combination of financial and real estate expertise, significant industry
contacts and high level of integrity make him a valuable addition to the iStar
team," commented Jay Sugarman, iStar Financial's Chairman and Chief Executive
Mr. Abrams brings to iStar Financial over two decades of experience in the
real estate finance business. Before joining iStar Financial, Mr. Abrams was
a founding principal of Citadel Realty Group, a boutique investment bank
focusing on real estate, and a managing director at Donaldson, Lufkin &
Jenrette. Prior to DLJ, he served as a managing director with Nomura Asset
Capital Corporation as well as a partner at Rosenman & Colin, a major New York
City law firm. He received an L.L.M. in Taxation from the New York University
School of Law; a J.D. from the National Law Center of the George Washington
University, where he was editor-in-chief of the Law Review; and a B.S. in
Economics from the Wharton School.
iStar Financial is the largest publicly traded finance company focused
exclusively 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.
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SOURCE iStar Financial Inc.
/CONTACT: Spencer B. Haber, Executive Vice President and CFO, or Andrew
C. Richardson, Senior Vice President, Capital Markets, or Erin C. Hart,
Associate, Investor Relations, all of iStar Financial Inc., +1-212-930-9400/
/Web site: http://www.istarfinancial.com/
CO: iStar Financial Inc.
ST: New York
-0- Nov/30/2001 12:30 GMT
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