iStar Inc and Safehold Inc at Barclays Global Financials New York Conference (Virtual) Transcript
Okay. Good afternoon, and thank you for joining us. I'm Barclays Consumer Finance Analyst, Mark DeVries, and I'm pleased to be joined by iStar and Safehold's Chairman and CEO, Jay Sugarman. Jay has some prepared comments to deliver, which will be followed time permitting by Q&A. (Operator Instructions) With that brief intro out of the way, I'll hand it off to Jay. Jay, the floor is yours.
Thanks, Mark. Thanks for having us today. Thanks, everybody, for joining. The iStar story has become very interesting over the past 18 months. We've really done a lot of work to both simplify the balance sheet to strengthen it and also to scale a brand-new business that's a very exciting one and will really be the driver of value at iStar going forward. So we wanted to spend a little bit of time today just going through those 3 components, but spend most of our time really talking about this new business, Safehold, and
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