Star Holdings $(STHO)$ has released its financial results for the first quarter of 2025. The company reported a net loss attributable to common shareholders of $7.6 million for the quarter ended March 31, 2025. This figure includes a non-cash adjustment of $3.2 million related to the company's investment in approximately 13.5 million shares of $Safehold Inc(SAFE-W)$. $(SAFE)$, which impacted earnings per share positively by $0.24. During the first quarter, Star Holdings recorded $5.2 million in land revenues from the sale of 45 lots at Magnolia Green. Following the end of the quarter, the company completed the sale of a land parcel in Asbury Park for approximately $14.0 million. In addition to the financial results, Star Holdings announced amendments to its Safe Credit Facility, Margin Loan Facility, and Management Agreement. These amendments extended the company's debt maturities to March 31, 2028, introduced a $15.8 million delayed-draw feature to the Margin Loan Facility, and authorized a $10 million share repurchase program. Further details can be found in the company's Form 10-Q available on its website and the SEC's website.