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Moody's places iStar's corporate family and senior unsecured ratings o...

Moody's Investors Service ("Moody's") has placed iStar Inc.'s (iStar) Ba2 corporate family and senior unsecured ratings under review for upgrade. This follows the announcement[1] by iStar and Safehold Inc. (Safehold, Baa1, positive) that they have entered into an agreement to combine in a tax-free t...

iStar Inc.: Update following ratings upgrade, highlighting good asset ...

Our credit view of iStar, reflecting its good asset coverage, strong credit profile of its core investment and exceptional liquidity offset by limited earnings potential of existing assets

Moody's upgrades iStar's corporate family and long-term senior unsecur...

Moody's Investors Service ("Moody's") has upgraded iStar Inc.'s (iStar) corporate family and senior unsecured ratings to Ba2. Moody's has also upgraded iStar's preferred stock rating to B1. Additionally, Moody's has withdrawn iStar's Speculative Grade Liquidity Rating of SGL-2. iStar's outlook is st...

iStar Inc.: Update to credit analysis following review for upgrade

Our credit view reflects iStar's sound liquidity position and moderating leverage metrics against its fixed charge coverage and uncertainty about the longer term portfolio strategy.

Moody's places iStar's corporate family and senior unsecured ratings o...

Rating Action: Moody's places iStar's corporate family and senior unsecured ratings on review for upgrade. Global Credit Research- 18 Feb 2022. New York, February 18, 2022-- Moody's Investors Service has placed iStar Inc.' s Ba3 corporate family and senior unsecured ratings on review for upgrade based on expected improvement in its liquidity and secured leverage when the pending sale of the net lease portfolio is completed.

iStar Inc.: Update to credit analysis

Our credit view of this issuer reflects its high-quality net lease portfolio, elevated leverage metrics including secured leverage and stable liquidity position.

Moody's announces completion of a periodic review of ratings of iStar ...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of iStar Inc.. Global Credit Research- 07 Apr 2021. New York, April 07, 2021-- Moody's Investors Service has completed a periodic review of the ratings of iStar Inc. and other ratings that are associated with the same analytical unit.

iStar Inc.: Update to credit analysis

Our credit view of iStar, reflecting its high-quality net lease portfolio and increasing investment in ground leases, against its moderate earnings volatility.

Moody's announces completion of a periodic review of ratings of iStar ...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of iStar Inc.. Global Credit Research- 27 May 2020. New York, May 27, 2020-- Moody's Investors Service has completed a periodic review of the ratings of iStar Inc. and other ratings that are associated with the same analytical unit.

iStar Inc.: Covenant Quality Post-Sale Snapshot: $550m 4.250% Senior N...

iStar, Inc.’s covenant package provides upper-tier HY-Lite protection, reflecting a covenant quality score of 5.00.

iStar Inc.: Covenant Quality Post-Sale Snapshot: $675m 4.750% Senior N...

iStar, Inc.’s covenant package provides upper-tier HY-Lite protection, reflecting a covenant quality score of 5.00.

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vital Signs: Actionable charts

Key Points: • Consumer Cyclical names continue to develop positively. (ex. APTV, WGO, CROX, NKE, SKX, MAT, RRGB, BKE, MIK, SIG, and DKS) • A few names in Consumer Staples are developing positively. (ex. INGR, MKC, and K) • A few names in the Materials Sector are developing positively (ex. CMP, and CMC)

iStar Inc.: Update to credit analysis

The ratings reflect solid operating performance in the net lease and loan segments, elevated levarage and substantial investment in ground lease affiliate.

Moody's announces completion of a periodic review of ratings of iStar ...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of iStar Inc.. Global Credit Research- 24 Jul 2019. New York, July 24, 2019-- Moody's Investors Service has completed a periodic review of the ratings of iStar Inc. and other ratings that are associated with the same analytical unit.

iStar Inc.: Update following upgrade to Ba3; outlook stable

iStar Inc's Ba3 rating reflects the sound operating performance in the REIT’s net lease and loan portfolios, its elevated metrics and sizeable unencumbered asset portfolio.

Moody's upgrades iStar's corporate family and senior unsecured ratings...

Moody's Investors Service ("Moody's") has upgraded iStar Inc.'s corporate family and senior unsecured ratings to Ba3 from B1 following improvement in the REIT's liquidity position and material reduction in its non-core asset exposure. In the same rating action, iStar's preferred stock ...

iStar Inc.: Update to credit analysis

The stable rating outlook reflects the expectation that iStar will continue to invest and manage its portfolio in a prudent manner and maintain sound liquidity.

Please Change Name Ranjini Venkatesan
  • Please Change Name Ranjini Venkatesan

iStar Inc.: Update following upgrade to B1

FINANCIAL INSTITUTIONS CREDIT OPINION 29 September 2017 Update RATINGS iStar Inc. Domicile New York, New York, United States Long Term Rating B1 Type LT Corporate Family Ratings - Dom Curr Outlook Stable Please see the  ratings section  at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Analyst Contacts Ranjini Ve

Please Change Name Ranjini Venkatesan
  • Please Change Name Ranjini Venkatesan

Moody's upgrades iStar Inc.'s senior unsecured and corporate family ra...

Rating Action: Moody's upgrades iStar Inc.' s senior unsecured and corporate family ratings to B1, outlook is stable. Global Credit Research- 13 Sep 2017. New York, September 13, 2017--.

Ford Equity US Rating and Forecast Report

Ford Equity Research covers more than 4,000 stocks using a proprietary quantitative model that evaluates a company’s earnings strength, its relative valuation and recent price movement. Ford’s five recommendation ratings include strong buy, buy, hold, sell, strong sell. For all stocks in our coverage universe, ratings are generated each week and reflect the fundamental and price data as of the last trading day of the week.

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