Star Holdings reported a net loss of $10.3 million for Q1 2026, including a non-cash mark-to-market adjustment on its SAFE investment, and repurchased shares.
Key takeaways
Net loss of $10.3 million for Q1 2026, or ($0.85) per share, driven by a $2.2 million non-cash adjustment on SAFE shares.
Received loan repayments of $10.6 million on a mezzanine loan and $3.1 million on a senior mortgage.
Repurchased 0.2 million shares for $2.0 million at an average price of $8.45.
Filed Form 10-Q for Q1 2026; further details available on company website.