Jay Sugarman is Chairman and Primary Owner of the Philadelphia Union and Keystone Sports and Entertainment LLC.
Mr. Sugarman is also Chairman and Chief Executive Officer of iStar Financial (NYSE:SFI), a leading real estate finance and investment company in the United States, which he formed in 1993 and took public in 1998. iStar ‘s current $7 billion portfolio of real estate interests is located in most major markets throughout the United States and includes interests in office, industrial, multifamily, hotel, land and entertainment properties. In addition, Mr. Sugarman serves as Chairman of the Board of LNR Properties, the largest commercial real estate special servicer in the country with a current serviced portfolio in excess of $150 billion.
Mr. Sugarman graduated summa cum laude from Princeton University, where he was nominated for valedictorian and received the Paul Volcker Award in Economics. He received his M.B.A. with high distinction from Harvard Business School, graduating as a Baker Scholar and recipient of the school’s academic prizes for both finance and marketing.