#USA #New York #Star Holdings #NASDAQ STHO #Magnolia Green

Star Holdings Reports Impressive Results for Q3 2025

Star Holdings, listed on NASDAQ as STHO, recently unveiled its financial results for the third quarter of 2025 in a report submitted to the Securities and Exchange Commission. The results reveal a net income attributed to common shareholders of $1.8 million for the quarter ending September 30, 2025. This translates to earnings per share of $0.14, reflecting some of the challenges the company has faced due to a non-cash adjustment of approximately $0.9 million, which impacted EPS by $0.07 related to their investment in 13.5 million shares of Safehold Inc (NYSE: SAFE).

During this quarter, Star Holdings registered $1.7 million in land revenues. This was driven primarily by the sale of 12 lots in the Magnolia Green residential development project. Additionally, the company received $4.7 million in net cash from a legal settlement involving a legacy asset from iStar. Such revenues underscore the ongoing efforts of Star Holdings to manage its assets effectively amid market challenges.

To further strengthen its stockholder value, during the quarter, Star Holdings repurchased around 0.4 million shares of its common stock at a total cost of $3.3 million, leading to an average share price of $8.48. This buyback scheme is part of a broader strategy to return value to shareholders and enhance capital efficiency.

Star Holdings prides itself on its diversified portfolio, particularly its stakes in key developments like the Asbury Park Waterfront and the Magnolia Green residential projects. The company has indicated a forward-looking approach, planning to focus on optimizing cash flows through effective asset management and strategic asset sales to enhance shareholder value further.

For investors and stakeholders interested in a comprehensive overview of Star Holdings' financial standing and operations, the detailed quarterly report (Form 10-Q) is accessible via the company's official website at www.starholdingsco.com or directly from the SEC’s website at www.sec.gov.

These financial results and strategic moves reflect Star Holdings' commitment to its stakeholders and the firm’s ongoing efforts to navigate the complexities of the real estate and investment sectors successfully. The company remains optimistic about future growth opportunities as it continues to maximize asset values and enhance its overall market position.

For more insights or inquiries, interested parties can reach out to Pearse Hoffmann, the Senior Vice President and Head of Corporate Finance at Star Holdings, directly through provided contact information. As the market evolves, Star Holdings is committed to transparency and proactively updating stakeholders on its business performance.

Conclusion

In summary, the reported results for the third quarter of 2025 demonstrate Star Holdings' resilience and commitment to generating value for its shareholders despite facing non-cash adjustments and market challenges. The company’s strategic focus on asset management and real estate development aligns well with ongoing efforts to enhance profitability and shareholder equity in the forthcoming periods.