Star Holdings is a publicly traded real estate company that pursues a value-realization strategy focused on monetizing a diversified portfolio of legacy non-ground lease assets, development properties, loans, and operating properties. The company's core assets include significant waterfront and residential development projects, as well as a portfolio of real estate properties, loans, and land holdings that it actively manages and strategically sells to generate cash flows and shareholder value. Star Holdings generates returns primarily through active asset management, property sales, and portfolio monetization, while being externally managed by a Safehold Inc. subsidiary and financed through credit and margin loan facilities.