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Message Boards Settings iStar Financial Inc. (SFI) - Quote Info
Re: SFI note sale      4-Nov-09 10:08 am    
Sounds to me like they bought the unpaid note for $23 million, and then also bought the unsold units at a steep discount. Win/win/win I-star gets their money, no floreclosure expenses, and new owner gets condo's at or below real value. Old owner moves on, no foreclosure stigma attached to his reputation.
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Posted on Wed, Nov. 4, 2009 PhillyDeals: Aria to di...
substancial... Rate it 4-Nov-09 07:28 am  
 
Sub, So how do you read this? Because the sale...
quadruplema... Rate it 4-Nov-09 08:34 am  
 
Quad, I was thinking the same thing you al...
substancial... Rate it 4-Nov-09 09:03 am  
 
Re: SFI note sale
rkt9@ymail.... (1 Rating) 4-Nov-09 10:08 am  
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iStar Financial Inc. (SFI)

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On Dec 31: 2.56 Up 0.06 (2.40%)
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