Apollo Management Holdings Exits Position in istar Inc (STAR)

istar Inc (STAR) : Apollo Management Holdings has sold out all of its stake in istar Inc during the most recent quarter, according to the disclosure filed by the company on Aug 15, 2016 with the SEC. The investment management company has sold out 1,100,338 shares of istar Inc which is valued at $11,960,674.

Other Hedge Funds, Including , Cssil added STAR to its portfolio by purchasing 11,214 company shares during the most recent quarter which is valued at $121,896. istar Inc makes up approx 0.02% of Cssil’s portfolio.Oxford Asset Management reduced its stake in STAR by selling 15,324 shares or 9.72% in the most recent quarter. The Hedge Fund company now holds 142,358 shares of STAR which is valued at $1,561,667. istar Inc makes up approx 0.06% of Oxford Asset Management’s portfolio.Real Estate Management Services boosted its stake in STAR in the latest quarter, The investment management firm added 434,600 additional shares and now holds a total of 3,013,100 shares of istar Inc which is valued at $30,673,358. istar Inc makes up approx 5.09% of Real Estate Management Services’s portfolio.

istar Inc closed down -0.03 points or -0.28% at $10.75 with 309,250 shares getting traded on Wednesday. Post opening the session at $10.74, the shares hit an intraday low of $10.68 and an intraday high of $10.82 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

iStar Inc. formerly iStar Financial Inc. finances invests in and develops real estate and real estate related projects as part of its integrated investment platform. The Company is focused on the commercial real estate industry. Its business segments are Real Estate Finance Net Lease Operating Properties and Land & Development. The Real Estate Finance portfolio consists of senior and mezzanine real estate loans that may be either fixed-rate or variable-rate. The Net Lease portfolio consists of properties owned by the Company and leased to single tenants where the properties are subject to long-term leases. The Operating Properties portfolio consists of commercial and residential properties which represent a pool of assets across geographies and property types. The Land & Development portfolio consists of land entitled for master planned communities and waterfront and urban infill land parcels. It provides investment capital to private and corporate owners of real estate.

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