ITEM 1.01 Entry Into a Material Definitive Agreement.

On February 11, 2013, iStar Financial Inc. (the "Company") entered into a $1.707 billion senior secured credit facility due October 15, 2017 (the "New Credit Facility") that amends and restates its $1.82 billion senior secured credit facility due October 15, 2017, dated October 15, 2012 (the "Original Credit Facility"). JPMorgan Chase Bank, N.A., acted as administrative agent, Barclays Bank PLC, acted as syndication agent, Bank of America, N.A., acted as documentation agent, and J.P. Morgan Securities LLC and Barclays Bank PLC acted as joint physical bookrunners and, together with Merrill Lynch, Pierce, Fenner & Smith Incorporated., as joint lead arrangers and bookrunners, of the New Credit Facility. The New Credit Facility amends the Original Credit Facility by:
(i) reducing the interest rate from LIBOR plus 4.5%, with a 1.25% LIBOR floor, to LIBOR plus 3.50%, with a 1.00% LIBOR floor; and (ii) extending the call protection period for the lenders from October 15, 2013 to December 31, 2013.

The foregoing description of the New Credit Facility does not purport to be complete and is qualified in its entirety by reference to the New Credit Facility, a copy of which is filed as an exhibit to this report and is incorporated herein by reference.

ITEM 9.01 Financial Statements and Exhibits.

Exhibit 10.1 New Credit Facility, dated as of February 11, 2013.

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