<SEC-DOCUMENT>0001047469-14-005512-index.html : 20140624
<SEC-HEADER>0001047469-14-005512.hdr.sgml : 20140624
<ACCEPTANCE-DATETIME>20140611161145
ACCESSION NUMBER:		0001047469-14-005512
CONFORMED SUBMISSION TYPE:	424B5
PUBLIC DOCUMENT COUNT:		3
FILED AS OF DATE:		20140611
DATE AS OF CHANGE:		20140611

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ISTAR FINANCIAL INC
		CENTRAL INDEX KEY:			0001095651
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				956881527
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		424B5
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-181470
		FILM NUMBER:		14904681

	BUSINESS ADDRESS:	
		STREET 1:		1114 AVENUE OF THE AMERICAS
		STREET 2:		39TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10036
		BUSINESS PHONE:		2129309400

	MAIL ADDRESS:	
		STREET 1:		1114 AVENUE OF THE AMERICAS
		STREET 2:		39TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10036

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	STARWOOD FINANCIAL INC
		DATE OF NAME CHANGE:	19990923
</SEC-HEADER>
<DOCUMENT>
<TYPE>424B5
<SEQUENCE>1
<FILENAME>a2220477z424b5.htm
<DESCRIPTION>424B5
<TEXT>
Document 1 - file: a2220477z424b5.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>g971005.jpg
<DESCRIPTION>G971005.JPG
<TEXT>
Document 2 - file: g971005.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>g448997.jpg
<DESCRIPTION>G448997.JPG
<TEXT>
Document 3 - file: g448997.jpg

</DOCUMENT>
</SEC-DOCUMENT>