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Carlyle Buys iStar s Net Lease Business for About $3 Billion

The global credit unit of Carlyle Group Inc. agreed to acquire iStar Inc.’s net lease business for about $3 billion in enterprise value

Mark jenkinsDavid schonbraunCatherine tenneyBarclay jonesSl green realty corpStar incCarlyle group incCarlyle groupSenior vice president catherine tenneyNew jersey based four springs capitalNew york basedRealty corp

Carlyle Buys iStar s Net-Lease Business for About $3B

The unit will provide equity for the purchase, with Carlyle itself adding a minority balance sheet investment.

Mark jenkinsDavid schonbraunCatherine tenneyBarclay jonesSl green realty corpStar incCarlyle group incCarlyle groupSenior vice president catherine tenneyNew jersey based four springs capitalNew york basedRealty corp

Carlyle acquires $3 billion net lease portfolio

Carlyle Group is acquiring real estate investment trust iStar's net lease business for an enterprise value of approximately $3 billion.

Roger cozziMark jenkinsCatherine tenneyBarclay jonesCarlyle group

iStar Signs Definitive Agreement to Sell Net Lease Asset Portfolio for $3 07 Billion

/PRNewswire/ iStar Inc. (NYSE: STAR) announced today that it has signed a definitive agreement to sell a portfolio of its owned and managed net lease assets.

Jay sugarmanCatherine tenneyBarclay jonesSecurities exchangeStar incSafehold incGlobal creditChief executivePrivate securities litigation reform actSecurities actSecurities exchange actExchange actIstar inc

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