Star Holdings Q1 FY26 net loss widens to $10.3 million; loss per share $0.85

• Star Holdings posted a net loss attributable to common shareholders of ($10.3 million), or ($0.85) per share, for first-quarter 2026.
• Results included a non-cash mark-to-market adjustment of ($2.2 million) tied to its investment in about 13,500,000 shares of Safehold, cutting per-share results by $0.18.
• Received loan repayments on a $10.6 million mezzanine loan at Surfhouse multifamily development in Asbury Park, New Jersey, and a $3.1 million senior mortgage on a New York asset.
• Repurchased about 200,000 common shares for $2 million at an average price of $8.45.

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