Question
Based on these questions in this article https://www.sec.gov/Archives/edgar/data/1095651/000109565119000006/star-12312018x10k.htm 1. In 2018 an anchor tenant in a mall that iStar had foreclosed on, liquidated and closed
Based on these questions in this article
https://www.sec.gov/Archives/edgar/data/1095651/000109565119000006/star-12312018x10k.htm
1. In 2018 an anchor tenant in a mall that iStar had foreclosed on, liquidated and closed its store. While this was a negative event for iStar the leases on other properties in the mal were unaffected by this liquidation.
True or False
2. In 2018 iStar had to record an impairment of $50 million associated with an entertainment complex located in Coney Island.
True or False
3. In 2018 iStar recorded a $47.1 million impairment on a regional mall located in Chicago.
True or False
4. The Coney Bath project did not contribute any revenue to iStar during the fiscal year 2018.
True or False
5. The financial performance of an entertainment complex in Coney Island has been deteriorating and managers of iStar expect the project to continue to lose money. This is depressing the value of the project.
True or False
6. The only sources of revenues for iStar Inc. in 2018 was from the sale of land to developers.
True or False
7. iStar Inc currently owns properties that it took from borrowers when they defaulted. Most of this property ended up on the balance sheet of iStar due to the collapse in property values during the crisis of 2008.
True or False
8. iStar Inc. finances, invests in and develops real estate and real estate related projects.
True or False
9. iStar Inc. offers funding for real estate through the origination of fixed or variable rate loans.
True or False
10. iStar Inc. will not invest in properties subject to net leases. Management believes that net lease properties expose the company to too much risk associated with the lessee.
True or False
11. iStar Inc., plans, develops and sells master planned communities.
True or False
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