FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person * REISS DALE ANN   2. Issuer Name and Ticker or Trading Symbol ISTAR FINANCIAL INC [SFI] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 589 KINZIE ISLAND COURT 3. Date of Earliest Transaction (Month/Day/Year) 11/01/2013 (Street) SANIBEL, FL 33957 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Series F Preferred Stock 11/01/2013   P   500 (1) A $ 22.87 1,925 (3) I By IRA Series F Preferred Stock 11/04/2013   P   450 (2) A $ 22.78 1,925 (3) I By IRA Series E Preferred Stock               2,293 (3) I By Family Trust Series E Preferred Stock               475 (3) I By Spouse's IRA Series F Preferred Stock               2,217 (3) I By Family Trust Common Stock, par value $.001 per share               17,343 (3) D

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
REISS DALE ANN 589 KINZIE ISLAND COURT SANIBEL, FL 33957	X

Signatures

Dale Anne Reiss		11/04/2013
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	On November 1, 2013, the Reporting Person acquired beneficial ownership of 500 shares of iStar Series F Preferred Stock through an open market purchase made in her Individual Retirement Account at a price of $22.87 per share.
(2)	On November 4, 2013, the Reporting Person acquired beneficial ownership of 450 shares of iStar Series F Preferred Stock through an open market purchase made in her Individual Retirement Account at a price of $22.78 per share.
(3)	Following these transactions, the Reporting Person is the indirect beneficial owner of 2,768 shares of iStar Series E Preferred Stock and 4,142 shares of iStar Series F Preferred Stock, the direct beneficial owner of 17,343 shares of iStar Common Stock (11,485 of which are vested) awarded pursuant to the iStar Non-Employee Directors' Deferral Plan, and the holder of total of 43,591 Common Stock Equivalents, or CSEs (all of which are vested) awarded pursuant to the iStar Non-Employee Directors' Deferral Plan.

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