Star Holdings
Star Holdings (Nasdaq: STHO) is a real estate investment company focused on realizing value from legacy assets through active management, loan repayments and asset sales. Its portfolio includes loans and other lending investments, operating properties, land and development assets, and shares in Safehold Inc. Notable… From the company’s description.
Over the twelve months to Sep 30, 2026, Star Holdings reported revenue of $105.59M, down 10.2% from a year earlier, and a net loss of $41.37M. Operations used $28.38M in cash. In fiscal 2025, it reported revenue of $110.14M, down 2.8% from fiscal 2024, and a net loss of $70.77M.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Star Holdings does
In the company’s own words
Star Holdings (Nasdaq: STHO) is a real estate investment company focused on realizing value from legacy assets through active management, loan repayments and asset sales. Its portfolio includes loans and other lending investments, operating properties, land and development assets, and shares in Safehold Inc. Notable holdings include the Asbury Park Waterfront in New Jersey, with hotels, an entertainment venue and development sites, and Magnolia Green, a master-planned residential community in Virginia. The company operates as one segment and does not expect to make material new investments or acquire material new assets. Star Holdings was formed in 2023 through a spin-off of iStar’s legacy non-ground-lease assets, alongside iStar’s merger with ground-lease company Safehold. As of December 31, 2025, its development portfolio included Asbury Park Waterfront assets carried at $127.6 million and Magnolia Green assets carried at $28.9 million; its monetizing portfolio had a carrying value of approximately $149.8 million. Its website is www.starholdingsco.com.
Company details
- Sector
- Real Estate
- Industry (SIC)
- Real Estate
- Headquarters
- NEW YORK, NY
- Fiscal year end
- December
- CIK
- 1953366
- SIC
- 6519
Financial performance, year by year
Fiscal 2023–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Star Holdings — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Star Holdings’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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