iStar Prez to Take Over at Sub

Spencer Haber, president of New York-based iStar Financial, has been named president and a director of iStar Strategic Capital Inc., a wholly owned subsidiary of iStar Financial, effective March 31.In that capacity, Mr. Haber will be responsible for evaluating new business expansion and business development opportunities for iStar Financial, the company said. Upon becoming president of iStar Strategic, Mr. Haber will step down as president and director of iStar Financial. The parent company, which provides structured financing to private and corporate owners of real estate nationwide, can be found online at http://www.istarfinancial.com.

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