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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

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