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Star Holdings
On October 9, 2026, Star Holdings' subsidiary, STAR SPV, finalized Amendment No. 5 to its margin loan agreement with Morgan Stanley. The amendment lowers the share price trigger threshold for mandatory prepayment from $10.00 to $8.00 and terminates the $15.8 million undrawn delayed draw commitment. The facility has an outstanding principal balance of approximately $46.5 million, secured by Safehold common stock.…more
Star Holdings
Star Holdings has amended its credit agreement with Safehold to extend the maturity date to March 31, 2029, paying a $2.4 million extension fee. The company also modified its management agreement, establishing minimum quarterly management fees and increasing the termination fee to $62.5 million. Additionally, the company voluntarily reduced its margin loan facility balance from $94.5 million to $46.5 million.…more
Star Holdings
Star Holdings는 2026년 2분기 실적을 발표하며 보통주 귀속 순이익 4,140만 달러, 주당순이익(EPS) 3.43달러를 기록했습니다. 이번 실적에는 SAFE 주식 투자에 대한 2,930만 달러의 평가이익과 리스 만료에 따른 자산 반환으로 발생한 1,440만 달러의 이연 비현금 수익이 포함되었습니다.…more
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