<?xml version="1.0" encoding="US-ASCII"?>
<!--XBRL Document Created with WebFilings-->
<!-- -->
<linkbase xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" xmlns="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
  <roleRef roleURI="http://www.istarfinancial.com/role/BasisOfPresentationAndPrinciplesOfConsolidation" xlink:href="star-20140331.xsd#BasisOfPresentationAndPrinciplesOfConsolidation" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/BasisOfPresentationAndPrinciplesOfConsolidationDetails" xlink:href="star-20140331.xsd#BasisOfPresentationAndPrinciplesOfConsolidationDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/BusinessAndOrganization" xlink:href="star-20140331.xsd#BusinessAndOrganization" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/BusinessAndOrganizationDetails" xlink:href="star-20140331.xsd#BusinessAndOrganizationDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/CommitmentsAndContingencies" xlink:href="star-20140331.xsd#CommitmentsAndContingencies" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/CommitmentsAndContingenciesNarrativeDetails" xlink:href="star-20140331.xsd#CommitmentsAndContingenciesNarrativeDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/CommitmentsAndContingenciesTables" xlink:href="star-20140331.xsd#CommitmentsAndContingenciesTables" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/CommitmentsAndContingenciesUnfundedCommitmentsDetails" xlink:href="star-20140331.xsd#CommitmentsAndContingenciesUnfundedCommitmentsDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/ConsolidatedBalanceSheets" xlink:href="star-20140331.xsd#ConsolidatedBalanceSheets" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/ConsolidatedBalanceSheetsParenthetical" xlink:href="star-20140331.xsd#ConsolidatedBalanceSheetsParenthetical" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/ConsolidatedStatementsOfCashFlows" xlink:href="star-20140331.xsd#ConsolidatedStatementsOfCashFlows" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/ConsolidatedStatementsOfChangesInEquity" xlink:href="star-20140331.xsd#ConsolidatedStatementsOfChangesInEquity" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/ConsolidatedStatementsOfChangesInEquityParenthetical" xlink:href="star-20140331.xsd#ConsolidatedStatementsOfChangesInEquityParenthetical" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/ConsolidatedStatementsOfComprehensiveIncomeLoss" xlink:href="star-20140331.xsd#ConsolidatedStatementsOfComprehensiveIncomeLoss" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/ConsolidatedStatementsOfOperations" xlink:href="star-20140331.xsd#ConsolidatedStatementsOfOperations" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/ConsolidatedStatementsOfOperationsParenthetical" xlink:href="star-20140331.xsd#ConsolidatedStatementsOfOperationsParenthetical" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/DebtObligationsNet" xlink:href="star-20140331.xsd#DebtObligationsNet" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/DebtObligationsNetDebtCovenantsDetails" xlink:href="star-20140331.xsd#DebtObligationsNetDebtCovenantsDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/DebtObligationsNetEncumberedUnencumberedAssetsDetails" xlink:href="star-20140331.xsd#DebtObligationsNetEncumberedUnencumberedAssetsDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/DebtObligationsNetFutureScheduledMaturitiesDetails" xlink:href="star-20140331.xsd#DebtObligationsNetFutureScheduledMaturitiesDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/DebtObligationsNetScheduleOfDebtDetails" xlink:href="star-20140331.xsd#DebtObligationsNetScheduleOfDebtDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/DebtObligationsNetSecuredCreditFacilityNarrativeDetails" xlink:href="star-20140331.xsd#DebtObligationsNetSecuredCreditFacilityNarrativeDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/DebtObligationsNetTables" xlink:href="star-20140331.xsd#DebtObligationsNetTables" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/Derivatives" xlink:href="star-20140331.xsd#Derivatives" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/DerivativesClassificationOnConsolidatedBalanceSheetsDetails" xlink:href="star-20140331.xsd#DerivativesClassificationOnConsolidatedBalanceSheetsDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/DerivativesClassificationOnConsolidatedStatementsOfOperationsDetails" xlink:href="star-20140331.xsd#DerivativesClassificationOnConsolidatedStatementsOfOperationsDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/DerivativesNarrativeDetails" xlink:href="star-20140331.xsd#DerivativesNarrativeDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/DerivativesNotionalAmountsDetails" xlink:href="star-20140331.xsd#DerivativesNotionalAmountsDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/DerivativesTables" xlink:href="star-20140331.xsd#DerivativesTables" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/DocumentAndEntityInformation" xlink:href="star-20140331.xsd#DocumentAndEntityInformation" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/EarningsPerShare" xlink:href="star-20140331.xsd#EarningsPerShare" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/EarningsPerShareAntiDilutiveSharesDetails" xlink:href="star-20140331.xsd#EarningsPerShareAntiDilutiveSharesDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/EarningsPerShareScheduleOfEarningsPerShareDetails" xlink:href="star-20140331.xsd#EarningsPerShareScheduleOfEarningsPerShareDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/EarningsPerShareTables" xlink:href="star-20140331.xsd#EarningsPerShareTables" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/Equity" xlink:href="star-20140331.xsd#Equity" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/EquityAccumulatedOtherComprehensiveIncomeLossDetails" xlink:href="star-20140331.xsd#EquityAccumulatedOtherComprehensiveIncomeLossDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/EquityDividendsDetails" xlink:href="star-20140331.xsd#EquityDividendsDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/EquityPreferredStockDetails" xlink:href="star-20140331.xsd#EquityPreferredStockDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/EquityStockRepurchaseProgramDetails" xlink:href="star-20140331.xsd#EquityStockRepurchaseProgramDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/EquityTables" xlink:href="star-20140331.xsd#EquityTables" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/FairValues" xlink:href="star-20140331.xsd#FairValues" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/FairValuesNarrativeDetails" xlink:href="star-20140331.xsd#FairValuesNarrativeDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/FairValuesScheduleOfFairValueMeasurementAssumptionsDetails" xlink:href="star-20140331.xsd#FairValuesScheduleOfFairValueMeasurementAssumptionsDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/FairValuesScheduleOfFairValueMeasurementDetails" xlink:href="star-20140331.xsd#FairValuesScheduleOfFairValueMeasurementDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/FairValuesTables" xlink:href="star-20140331.xsd#FairValuesTables" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/LoansReceivableAndOtherLendingInvestmentsNet" xlink:href="star-20140331.xsd#LoansReceivableAndOtherLendingInvestmentsNet" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/LoansReceivableAndOtherLendingInvestmentsNetCreditCharacteristicsByPaymentStatusDetails" xlink:href="star-20140331.xsd#LoansReceivableAndOtherLendingInvestmentsNetCreditCharacteristicsByPaymentStatusDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/LoansReceivableAndOtherLendingInvestmentsNetCreditCharacteristicsForPerformingLoansDetails" xlink:href="star-20140331.xsd#LoansReceivableAndOtherLendingInvestmentsNetCreditCharacteristicsForPerformingLoansDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/LoansReceivableAndOtherLendingInvestmentsNetImpairedLoansDetails" xlink:href="star-20140331.xsd#LoansReceivableAndOtherLendingInvestmentsNetImpairedLoansDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/LoansReceivableAndOtherLendingInvestmentsNetNarrativeDetails" xlink:href="star-20140331.xsd#LoansReceivableAndOtherLendingInvestmentsNetNarrativeDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/LoansReceivableAndOtherLendingInvestmentsNetReserveForLoanLossesDetails" xlink:href="star-20140331.xsd#LoansReceivableAndOtherLendingInvestmentsNetReserveForLoanLossesDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/LoansReceivableAndOtherLendingInvestmentsNetScheduleOfInvestmentInLoansDetails" xlink:href="star-20140331.xsd#LoansReceivableAndOtherLendingInvestmentsNetScheduleOfInvestmentInLoansDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/LoansReceivableAndOtherLendingInvestmentsNetScheduleOfLoansReceivableDetails" xlink:href="star-20140331.xsd#LoansReceivableAndOtherLendingInvestmentsNetScheduleOfLoansReceivableDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/LoansReceivableAndOtherLendingInvestmentsNetSecuritiesDetails" xlink:href="star-20140331.xsd#LoansReceivableAndOtherLendingInvestmentsNetSecuritiesDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/LoansReceivableAndOtherLendingInvestmentsNetTables" xlink:href="star-20140331.xsd#LoansReceivableAndOtherLendingInvestmentsNetTables" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/LoansReceivableAndOtherLendingInvestmentsNetTroubledDebtRestructuringsDetails" xlink:href="star-20140331.xsd#LoansReceivableAndOtherLendingInvestmentsNetTroubledDebtRestructuringsDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/OtherAssetsAndOtherLiabilities" xlink:href="star-20140331.xsd#OtherAssetsAndOtherLiabilities" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/OtherAssetsAndOtherLiabilitiesDeferredTaxAssetsAndLiabilitiesDetails" xlink:href="star-20140331.xsd#OtherAssetsAndOtherLiabilitiesDeferredTaxAssetsAndLiabilitiesDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/OtherAssetsAndOtherLiabilitiesOtherAssetsDetails" xlink:href="star-20140331.xsd#OtherAssetsAndOtherLiabilitiesOtherAssetsDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/OtherAssetsAndOtherLiabilitiesScheduleOfOtherLiabilitiesDetails" xlink:href="star-20140331.xsd#OtherAssetsAndOtherLiabilitiesScheduleOfOtherLiabilitiesDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/OtherAssetsAndOtherLiabilitiesTables" xlink:href="star-20140331.xsd#OtherAssetsAndOtherLiabilitiesTables" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/OtherInvestments" xlink:href="star-20140331.xsd#OtherInvestments" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/OtherInvestmentsIncomeStatementDetails" xlink:href="star-20140331.xsd#OtherInvestmentsIncomeStatementDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/OtherInvestmentsLnrPropertyNarrativeDetails" xlink:href="star-20140331.xsd#OtherInvestmentsLnrPropertyNarrativeDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/OtherInvestmentsNarrativeDetails" xlink:href="star-20140331.xsd#OtherInvestmentsNarrativeDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/OtherInvestmentsScheduleOfOtherInvestmentsDetails" xlink:href="star-20140331.xsd#OtherInvestmentsScheduleOfOtherInvestmentsDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/OtherInvestmentsTables" xlink:href="star-20140331.xsd#OtherInvestmentsTables" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/RealEstate" xlink:href="star-20140331.xsd#RealEstate" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/RealEstateAcquisitionsDetails" xlink:href="star-20140331.xsd#RealEstateAcquisitionsDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/RealEstateAllowanceForDoubtfulAccountsDetails" xlink:href="star-20140331.xsd#RealEstateAllowanceForDoubtfulAccountsDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/RealEstateDiscontinuedOperationsDetails" xlink:href="star-20140331.xsd#RealEstateDiscontinuedOperationsDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/RealEstateDispositionsDetails" xlink:href="star-20140331.xsd#RealEstateDispositionsDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/RealEstateRealEstateAvailableAndHeldForSaleDetails" xlink:href="star-20140331.xsd#RealEstateRealEstateAvailableAndHeldForSaleDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/RealEstateScheduleOfRealEstateAssetsDetails" xlink:href="star-20140331.xsd#RealEstateScheduleOfRealEstateAssetsDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/RealEstateTables" xlink:href="star-20140331.xsd#RealEstateTables" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/RealEstateTenantReimbursementsDetails" xlink:href="star-20140331.xsd#RealEstateTenantReimbursementsDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/SegmentReporting" xlink:href="star-20140331.xsd#SegmentReporting" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/SegmentReportingReconciliationOfSegmentProfitLossDetails" xlink:href="star-20140331.xsd#SegmentReportingReconciliationOfSegmentProfitLossDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/SegmentReportingScheduleOfSegmentsDetails" xlink:href="star-20140331.xsd#SegmentReportingScheduleOfSegmentsDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/SegmentReportingTables" xlink:href="star-20140331.xsd#SegmentReportingTables" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/StockBasedCompensationPlansAndEmployeeBenefits" xlink:href="star-20140331.xsd#StockBasedCompensationPlansAndEmployeeBenefits" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/StockBasedCompensationPlansAndEmployeeBenefits401KPlanDetails" xlink:href="star-20140331.xsd#StockBasedCompensationPlansAndEmployeeBenefits401KPlanDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/StockBasedCompensationPlansAndEmployeeBenefitsDirectorsAwardsDetails" xlink:href="star-20140331.xsd#StockBasedCompensationPlansAndEmployeeBenefitsDirectorsAwardsDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/StockBasedCompensationPlansAndEmployeeBenefitsStockBasedCompensationDetails" xlink:href="star-20140331.xsd#StockBasedCompensationPlansAndEmployeeBenefitsStockBasedCompensationDetails" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/SummaryOfSignificantAccountingPolicies" xlink:href="star-20140331.xsd#SummaryOfSignificantAccountingPolicies" xlink:type="simple" />
  <roleRef roleURI="http://www.istarfinancial.com/role/SummaryOfSignificantAccountingPoliciesPolicies" xlink:href="star-20140331.xsd#SummaryOfSignificantAccountingPoliciesPolicies" xlink:type="simple" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/BasisOfPresentationAndPrinciplesOfConsolidation" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/BasisOfPresentationAndPrinciplesOfConsolidationDetails" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/BusinessAndOrganization" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/BusinessAndOrganizationDetails" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/CommitmentsAndContingencies" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/CommitmentsAndContingenciesNarrativeDetails" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/CommitmentsAndContingenciesTables" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/CommitmentsAndContingenciesUnfundedCommitmentsDetails" xlink:type="extended">
    <loc xlink:href="star-20140331.xsd#star_UnfundedCommitments" xlink:label="loc_star_UnfundedCommitments_249941ed-5bc3-c4f5-7b2f-c4b0f8138924" xlink:type="locator" />
    <loc xlink:href="star-20140331.xsd#star_PerformanceBasedCommitments" xlink:label="loc_star_PerformanceBasedCommitments_591f45e3-d988-930d-ba62-c4b115d38939" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_star_UnfundedCommitments_249941ed-5bc3-c4f5-7b2f-c4b0f8138924" xlink:to="loc_star_PerformanceBasedCommitments_591f45e3-d988-930d-ba62-c4b115d38939" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_DiscretionaryFundings" xlink:label="loc_star_DiscretionaryFundings_937d50a4-35c0-ae2f-3e0c-c4b0f630c288" xlink:type="locator" />
    <calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_star_UnfundedCommitments_249941ed-5bc3-c4f5-7b2f-c4b0f8138924" xlink:to="loc_star_DiscretionaryFundings_937d50a4-35c0-ae2f-3e0c-c4b0f630c288" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_OtherCommitments" xlink:label="loc_star_OtherCommitments_7ed5783a-417d-1d9a-fc32-c4b0fea2de54" xlink:type="locator" />
    <calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_star_UnfundedCommitments_249941ed-5bc3-c4f5-7b2f-c4b0f8138924" xlink:to="loc_star_OtherCommitments_7ed5783a-417d-1d9a-fc32-c4b0fea2de54" xlink:type="arc" />
  </calculationLink>
  <calculationLink xlink:role="http://www.istarfinancial.com/role/ConsolidatedBalanceSheets" xlink:type="extended">
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Assets" xlink:label="loc_us-gaap_Assets_0ce13e30-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RealEstateInvestmentPropertyNet" xlink:label="loc_us-gaap_RealEstateInvestmentPropertyNet_967429fa-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_0ce13e30-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_RealEstateInvestmentPropertyNet_967429fa-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_RealEstateInvestmentPropertyHeldForUseNet" xlink:label="loc_star_RealEstateInvestmentPropertyHeldForUseNet_60a37e0c-e94b-32f2-9301-c4b110643933" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_RealEstateInvestmentPropertyNet_967429fa-9656-11e2-88e7-12313d1a0274" xlink:to="loc_star_RealEstateInvestmentPropertyHeldForUseNet_60a37e0c-e94b-32f2-9301-c4b110643933" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_RealEstateInvestmentPropertyHeldForUseGross" xlink:label="loc_star_RealEstateInvestmentPropertyHeldForUseGross_907d662d-1a30-e6d6-4426-c4b115e91794" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_star_RealEstateInvestmentPropertyHeldForUseNet_60a37e0c-e94b-32f2-9301-c4b110643933" xlink:to="loc_star_RealEstateInvestmentPropertyHeldForUseGross_907d662d-1a30-e6d6-4426-c4b115e91794" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation" xlink:label="loc_us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation_969a3e10-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_star_RealEstateInvestmentPropertyHeldForUseNet_60a37e0c-e94b-32f2-9301-c4b110643933" xlink:to="loc_us-gaap_RealEstateInvestmentPropertyAccumulatedDepreciation_969a3e10-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_RealEstateAvailableAndHeldForSale" xlink:label="loc_star_RealEstateAvailableAndHeldForSale_d79aca6b-5a45-6d95-be1e-c4b11241edbd" xlink:type="locator" />
    <calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_RealEstateInvestmentPropertyNet_967429fa-9656-11e2-88e7-12313d1a0274" xlink:to="loc_star_RealEstateAvailableAndHeldForSale_d79aca6b-5a45-6d95-be1e-c4b11241edbd" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_LoansAndOtherLendingInvestments" xlink:label="loc_star_LoansAndOtherLendingInvestments_8e63d47b-1f6a-ce35-e7cb-c4b11b5b345b" xlink:type="locator" />
    <calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_0ce13e30-9656-11e2-88e7-12313d1a0274" xlink:to="loc_star_LoansAndOtherLendingInvestments_8e63d47b-1f6a-ce35-e7cb-c4b11b5b345b" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherInvestments" xlink:label="loc_us-gaap_OtherInvestments_87a08f5e-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_0ce13e30-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_OtherInvestments_87a08f5e-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_18320242-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_0ce13e30-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_18320242-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RestrictedCashAndCashEquivalents" xlink:label="loc_us-gaap_RestrictedCashAndCashEquivalents_a1a8c880-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_0ce13e30-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_RestrictedCashAndCashEquivalents_a1a8c880-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_AccruedInterestAndOperatingLeaseIncomeReceivableNet" xlink:label="loc_star_AccruedInterestAndOperatingLeaseIncomeReceivableNet_433be047-6e86-3368-a4d2-c4b115e72bf3" xlink:type="locator" />
    <calculationArc order="6" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_0ce13e30-9656-11e2-88e7-12313d1a0274" xlink:to="loc_star_AccruedInterestAndOperatingLeaseIncomeReceivableNet_433be047-6e86-3368-a4d2-c4b115e72bf3" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredRentReceivablesNet" xlink:label="loc_us-gaap_DeferredRentReceivablesNet_2ac4ac0c-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="7" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_0ce13e30-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_DeferredRentReceivablesNet_2ac4ac0c-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_DeferredExpensesAndOtherAssetsNet" xlink:label="loc_star_DeferredExpensesAndOtherAssetsNet_e41733a4-be51-d675-2383-c4b0ee90b3ea" xlink:type="locator" />
    <calculationArc order="8" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_0ce13e30-9656-11e2-88e7-12313d1a0274" xlink:to="loc_star_DeferredExpensesAndOtherAssetsNet_e41733a4-be51-d675-2383-c4b0ee90b3ea" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="loc_us-gaap_LiabilitiesAndStockholdersEquity_6e1ed1d0-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Liabilities" xlink:label="loc_us-gaap_Liabilities_6e59ec02-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquity_6e1ed1d0-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_Liabilities_6e59ec02-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent" xlink:label="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_055e365e-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_6e59ec02-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_055e365e-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebt" xlink:label="loc_us-gaap_LongTermDebt_754fc3b0-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_6e59ec02-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_LongTermDebt_754fc3b0-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CommitmentsAndContingencies" xlink:label="loc_us-gaap_CommitmentsAndContingencies_1e12e4ba-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquity_6e1ed1d0-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_CommitmentsAndContingencies_1e12e4ba-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount" xlink:label="loc_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_9d1c40a8-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquity_6e1ed1d0-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount_9d1c40a8-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_adca42f6-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquity_6e1ed1d0-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_adca42f6-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="loc_us-gaap_StockholdersEquity_adc32df4-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_adca42f6-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_StockholdersEquity_adc32df4-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_MinorityInterest" xlink:label="loc_us-gaap_MinorityInterest_7a4f00ec-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_adca42f6-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_MinorityInterest_7a4f00ec-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
  </calculationLink>
  <calculationLink xlink:role="http://www.istarfinancial.com/role/ConsolidatedBalanceSheetsParenthetical" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/ConsolidatedStatementsOfCashFlows" xlink:type="extended">
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:label="loc_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_181e990a-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_7cb5e5da-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_181e990a-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_7cb5e5da-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaap_ProfitLoss_93e5ee3a-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_7cb5e5da-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_ProfitLoss_93e5ee3a-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProvisionForLoanLossesExpensed" xlink:label="loc_us-gaap_ProvisionForLoanLossesExpensed_94b216b8-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_7cb5e5da-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_ProvisionForLoanLossesExpensed_94b216b8-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetImpairmentCharges" xlink:label="loc_us-gaap_AssetImpairmentCharges_0c8b96ce-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_7cb5e5da-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_AssetImpairmentCharges_0c8b96ce-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DepreciationDepletionAndAmortization" xlink:label="loc_us-gaap_DepreciationDepletionAndAmortization_328d60be-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_7cb5e5da-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_DepreciationDepletionAndAmortization_328d60be-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_CostsofLandSales" xlink:label="loc_star_CostsofLandSales_2d51e642-c59e-11e3-b035-22000a1e8102" xlink:type="locator" />
    <calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_7cb5e5da-9656-11e2-88e7-12313d1a0274" xlink:to="loc_star_CostsofLandSales_2d51e642-c59e-11e3-b035-22000a1e8102" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_StockBasedCompensationSharesWithheldForEmployeeTaxesUponVesting" xlink:label="loc_star_StockBasedCompensationSharesWithheldForEmployeeTaxesUponVesting_1b0a1d22-bb7c-98a2-b674-c4b0ee8204b4" xlink:type="locator" />
    <calculationArc order="6" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_7cb5e5da-9656-11e2-88e7-12313d1a0274" xlink:to="loc_star_StockBasedCompensationSharesWithheldForEmployeeTaxesUponVesting_1b0a1d22-bb7c-98a2-b674-c4b0ee8204b4" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ShareBasedCompensation" xlink:label="loc_us-gaap_ShareBasedCompensation_ab78f61e-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="7" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_7cb5e5da-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_ShareBasedCompensation_ab78f61e-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AmortizationOfFinancingCostsAndDiscounts" xlink:label="loc_us-gaap_AmortizationOfFinancingCostsAndDiscounts_0c2f0a44-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="8" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_7cb5e5da-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_AmortizationOfFinancingCostsAndDiscounts_0c2f0a44-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_AmortizationOfDiscountsOrPremiumsDeferredInterestAndCostsOnLendingInvestments" xlink:label="loc_star_AmortizationOfDiscountsOrPremiumsDeferredInterestAndCostsOnLendingInvestments_44fea639-ab2a-d44d-b18f-c4b0ee9badb9" xlink:type="locator" />
    <calculationArc order="9" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_7cb5e5da-9656-11e2-88e7-12313d1a0274" xlink:to="loc_star_AmortizationOfDiscountsOrPremiumsDeferredInterestAndCostsOnLendingInvestments_44fea639-ab2a-d44d-b18f-c4b0ee9badb9" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromEquityMethodInvestments" xlink:label="loc_us-gaap_IncomeLossFromEquityMethodInvestments_601d37fc-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="10" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_7cb5e5da-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_IncomeLossFromEquityMethodInvestments_601d37fc-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquityMethodInvestmentDividendsOrDistributions" xlink:label="loc_us-gaap_EquityMethodInvestmentDividendsOrDistributions_42a25db0-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="11" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_7cb5e5da-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_EquityMethodInvestmentDividendsOrDistributions_42a25db0-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_StraightLineRent" xlink:label="loc_us-gaap_StraightLineRent_a4feb1f2-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="12" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_7cb5e5da-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_StraightLineRent_a4feb1f2-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_ResidentialPropertyProfitLoss" xlink:label="loc_star_ResidentialPropertyProfitLoss_5be1d99e-9313-62c3-eba8-c4b0e687fbe0" xlink:type="locator" />
    <calculationArc order="13" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_7cb5e5da-9656-11e2-88e7-12313d1a0274" xlink:to="loc_star_ResidentialPropertyProfitLoss_5be1d99e-9313-62c3-eba8-c4b0e687fbe0" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax" xlink:label="loc_us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax_3b2c4ce4-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="14" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_7cb5e5da-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax_3b2c4ce4-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_GainsLossesOnExtinguishmentOfDebtCashFlowImpact" xlink:label="loc_star_GainsLossesOnExtinguishmentOfDebtCashFlowImpact_736df1ed-88ae-f31b-d8a5-c4b10cccb2cb" xlink:type="locator" />
    <calculationArc order="15" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_7cb5e5da-9656-11e2-88e7-12313d1a0274" xlink:to="loc_star_GainsLossesOnExtinguishmentOfDebtCashFlowImpact_736df1ed-88ae-f31b-d8a5-c4b10cccb2cb" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_RepaymentsAndRepurchasesOfDebtDiscount" xlink:label="loc_star_RepaymentsAndRepurchasesOfDebtDiscount_6195ac7a-6f0b-5f9f-b498-c4b108c285ad" xlink:type="locator" />
    <calculationArc order="16" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_7cb5e5da-9656-11e2-88e7-12313d1a0274" xlink:to="loc_star_RepaymentsAndRepurchasesOfDebtDiscount_6195ac7a-6f0b-5f9f-b498-c4b108c285ad" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherOperatingActivitiesCashFlowStatement" xlink:label="loc_us-gaap_OtherOperatingActivitiesCashFlowStatement_83e1d7e2-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="17" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_7cb5e5da-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_OtherOperatingActivitiesCashFlowStatement_83e1d7e2-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_IncreaseDecreaseInAccruedInterestAndOperatingLeaseAndIncomeReceivable" xlink:label="loc_star_IncreaseDecreaseInAccruedInterestAndOperatingLeaseAndIncomeReceivable_f890df96-a7fa-2848-fbc4-c4b11b570692" xlink:type="locator" />
    <calculationArc order="18" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_7cb5e5da-9656-11e2-88e7-12313d1a0274" xlink:to="loc_star_IncreaseDecreaseInAccruedInterestAndOperatingLeaseAndIncomeReceivable_f890df96-a7fa-2848-fbc4-c4b11b570692" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets" xlink:label="loc_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_63b112d0-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="19" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_7cb5e5da-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_63b112d0-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities" xlink:label="loc_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_63119b74-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="20" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_7cb5e5da-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_63119b74-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_7c8e1730-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_181e990a-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_7c8e1730-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsToAcquireNotesReceivable" xlink:label="loc_us-gaap_PaymentsToAcquireNotesReceivable_8b3a8b38-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="1" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_7c8e1730-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_PaymentsToAcquireNotesReceivable_8b3a8b38-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_PaymentsforAcquisitionofandCapitalizeExpendituresonRealEstateAssets" xlink:label="loc_star_PaymentsforAcquisitionofandCapitalizeExpendituresonRealEstateAssets_64e28626-9f28-11e3-b035-22000a1e8102" xlink:type="locator" />
    <calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_7c8e1730-9656-11e2-88e7-12313d1a0274" xlink:to="loc_star_PaymentsforAcquisitionofandCapitalizeExpendituresonRealEstateAssets_64e28626-9f28-11e3-b035-22000a1e8102" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_ProceedsFromPrincipalRepaymentsOnPortfolioOfAssets" xlink:label="loc_star_ProceedsFromPrincipalRepaymentsOnPortfolioOfAssets_73adf932-36c2-82d4-f8d1-c4b1089bc3ff" xlink:type="locator" />
    <calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_7c8e1730-9656-11e2-88e7-12313d1a0274" xlink:to="loc_star_ProceedsFromPrincipalRepaymentsOnPortfolioOfAssets_73adf932-36c2-82d4-f8d1-c4b1089bc3ff" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromSaleOfLoansHeldForInvestment" xlink:label="loc_us-gaap_ProceedsFromSaleOfLoansHeldForInvestment_93024572-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_7c8e1730-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_ProceedsFromSaleOfLoansHeldForInvestment_93024572-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromSaleOfRealEstateHeldforinvestment" xlink:label="loc_us-gaap_ProceedsFromSaleOfRealEstateHeldforinvestment_936c5336-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_7c8e1730-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_ProceedsFromSaleOfRealEstateHeldforinvestment_936c5336-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_ProceedsFromDistributionsFromUnconsolidatedEntities" xlink:label="loc_star_ProceedsFromDistributionsFromUnconsolidatedEntities_6d3e0414-acf5-f9da-3cae-c4b10759e87b" xlink:type="locator" />
    <calculationArc order="6" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_7c8e1730-9656-11e2-88e7-12313d1a0274" xlink:to="loc_star_ProceedsFromDistributionsFromUnconsolidatedEntities_6d3e0414-acf5-f9da-3cae-c4b10759e87b" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_PaymentsForContributionsToUnconsolidatedEntities" xlink:label="loc_star_PaymentsForContributionsToUnconsolidatedEntities_281b113e-ee8a-4da7-47ba-c4b10aff1d15" xlink:type="locator" />
    <calculationArc order="7" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_7c8e1730-9656-11e2-88e7-12313d1a0274" xlink:to="loc_star_PaymentsForContributionsToUnconsolidatedEntities_281b113e-ee8a-4da7-47ba-c4b10aff1d15" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsForProceedsFromOtherInvestingActivities" xlink:label="loc_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_8aadd2ce-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="8" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_7c8e1730-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_8aadd2ce-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_7ca2b500-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_181e990a-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_7ca2b500-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromIssuanceOfDebt" xlink:label="loc_us-gaap_ProceedsFromIssuanceOfDebt_91901b4c-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_7ca2b500-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_ProceedsFromIssuanceOfDebt_91901b4c-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RepaymentsOfDebt" xlink:label="loc_us-gaap_RepaymentsOfDebt_a123eaca-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_7ca2b500-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_RepaymentsOfDebt_a123eaca-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock" xlink:label="loc_us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock_8abe8880-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="3" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_7ca2b500-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_PaymentsOfDividendsPreferredStockAndPreferenceStock_8abe8880-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock" xlink:label="loc_us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock_92d76e10-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_7ca2b500-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock_92d76e10-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProceedsFromPaymentsForOtherFinancingActivities" xlink:label="loc_us-gaap_ProceedsFromPaymentsForOtherFinancingActivities_92652922-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_7ca2b500-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_ProceedsFromPaymentsForOtherFinancingActivities_92652922-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
  </calculationLink>
  <calculationLink xlink:role="http://www.istarfinancial.com/role/ConsolidatedStatementsOfChangesInEquity" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/ConsolidatedStatementsOfChangesInEquityParenthetical" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/ConsolidatedStatementsOfComprehensiveIncomeLoss" xlink:type="extended">
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTax" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTax_20119e50-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_20164144-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTax_20119e50-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_20164144-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaap_ProfitLoss_93e5ee3a-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_20164144-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_ProfitLoss_93e5ee3a-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_81a3933a-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_20164144-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_81a3933a-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax_829cdda0-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="1" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_81a3933a-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax_829cdda0-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax_8227fa9e-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_81a3933a-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax_8227fa9e-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax_84c04d06-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_81a3933a-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax_84c04d06-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax_84c75a56-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_81a3933a-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax_84c75a56-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLossAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_7ccc070c-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTax_20119e50-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_7ccc070c-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
  </calculationLink>
  <calculationLink xlink:role="http://www.istarfinancial.com/role/ConsolidatedStatementsOfOperations" xlink:type="extended">
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic" xlink:label="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_7baa5572-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="loc_us-gaap_NetIncomeLoss_7cc2c354-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_7baa5572-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_NetIncomeLoss_7cc2c354-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaap_ProfitLoss_93e5ee3a-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLoss_7cc2c354-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_ProfitLoss_93e5ee3a-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_6155c1d4-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ProfitLoss_93e5ee3a-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_6155c1d4-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_602ea2e4-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_6155c1d4-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_602ea2e4-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_IncomeLossFromContinuingOperationsBeforeIncomeLossFromEquityMethodInvestmentsAndOtherItems" xlink:label="loc_star_IncomeLossFromContinuingOperationsBeforeIncomeLossFromEquityMethodInvestmentsAndOtherItems_afb5b102-620b-bfde-a726-c4b0fe934950" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_602ea2e4-9656-11e2-88e7-12313d1a0274" xlink:to="loc_star_IncomeLossFromContinuingOperationsBeforeIncomeLossFromEquityMethodInvestmentsAndOtherItems_afb5b102-620b-bfde-a726-c4b0fe934950" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Revenues" xlink:label="loc_us-gaap_Revenues_a489395e-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_star_IncomeLossFromContinuingOperationsBeforeIncomeLossFromEquityMethodInvestmentsAndOtherItems_afb5b102-620b-bfde-a726-c4b0fe934950" xlink:to="loc_us-gaap_Revenues_a489395e-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OperatingLeasesIncomeStatementLeaseRevenue" xlink:label="loc_us-gaap_OperatingLeasesIncomeStatementLeaseRevenue_80125f38-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Revenues_a489395e-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_OperatingLeasesIncomeStatementLeaseRevenue_80125f38-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InterestAndFeeIncomeLoansCommercial" xlink:label="loc_us-gaap_InterestAndFeeIncomeLoansCommercial_679b6d00-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Revenues_a489395e-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_InterestAndFeeIncomeLoansCommercial_679b6d00-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherIncome" xlink:label="loc_us-gaap_OtherIncome_84e6f4c4-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Revenues_a489395e-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_OtherIncome_84e6f4c4-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LandSales" xlink:label="loc_us-gaap_LandSales_6b8fe328-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Revenues_a489395e-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_LandSales_6b8fe328-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CostsAndExpenses" xlink:label="loc_us-gaap_CostsAndExpenses_23967884-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_star_IncomeLossFromContinuingOperationsBeforeIncomeLossFromEquityMethodInvestmentsAndOtherItems_afb5b102-620b-bfde-a726-c4b0fe934950" xlink:to="loc_us-gaap_CostsAndExpenses_23967884-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InterestExpense" xlink:label="loc_us-gaap_InterestExpense_678fa826-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CostsAndExpenses_23967884-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_InterestExpense_678fa826-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_CostOfRealEstateHeldForSaleAndOtherRealEstateOwned" xlink:label="loc_star_CostOfRealEstateHeldForSaleAndOtherRealEstateOwned_baecf87c-0389-96f1-ee8d-c4b117f7dceb" xlink:type="locator" />
    <calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CostsAndExpenses_23967884-9656-11e2-88e7-12313d1a0274" xlink:to="loc_star_CostOfRealEstateHeldForSaleAndOtherRealEstateOwned_baecf87c-0389-96f1-ee8d-c4b117f7dceb" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_CostsofLandSales" xlink:label="loc_star_CostsofLandSales_2d51e642-c59e-11e3-b035-22000a1e8102" xlink:type="locator" />
    <calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CostsAndExpenses_23967884-9656-11e2-88e7-12313d1a0274" xlink:to="loc_star_CostsofLandSales_2d51e642-c59e-11e3-b035-22000a1e8102" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DepreciationAndAmortization" xlink:label="loc_us-gaap_DepreciationAndAmortization_3285f6bc-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CostsAndExpenses_23967884-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_DepreciationAndAmortization_3285f6bc-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GeneralAndAdministrativeExpense" xlink:label="loc_us-gaap_GeneralAndAdministrativeExpense_5b9b5a38-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CostsAndExpenses_23967884-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_GeneralAndAdministrativeExpense_5b9b5a38-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProvisionForLoanLossesExpensed" xlink:label="loc_us-gaap_ProvisionForLoanLossesExpensed_94b216b8-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="6" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CostsAndExpenses_23967884-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_ProvisionForLoanLossesExpensed_94b216b8-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AssetImpairmentCharges" xlink:label="loc_us-gaap_AssetImpairmentCharges_0c8b96ce-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="7" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CostsAndExpenses_23967884-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_AssetImpairmentCharges_0c8b96ce-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherExpenses" xlink:label="loc_us-gaap_OtherExpenses_84f679f8-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="8" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CostsAndExpenses_23967884-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_OtherExpenses_84f679f8-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainsLossesOnExtinguishmentOfDebt" xlink:label="loc_us-gaap_GainsLossesOnExtinguishmentOfDebt_5ad54e60-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_602ea2e4-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_GainsLossesOnExtinguishmentOfDebt_5ad54e60-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromEquityMethodInvestments" xlink:label="loc_us-gaap_IncomeLossFromEquityMethodInvestments_601d37fc-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_602ea2e4-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_IncomeLossFromEquityMethodInvestments_601d37fc-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_IncomeTaxExpenseBenefit_610ca94a-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_6155c1d4-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_IncomeTaxExpenseBenefit_610ca94a-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax" xlink:label="loc_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax_60d6cab4-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ProfitLoss_93e5ee3a-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax_60d6cab4-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax" xlink:label="loc_us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax_3b2c4ce4-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ProfitLoss_93e5ee3a-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax_3b2c4ce4-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_ResidentialPropertyProfitLoss" xlink:label="loc_star_ResidentialPropertyProfitLoss_5be1d99e-9313-62c3-eba8-c4b0e687fbe0" xlink:type="locator" />
    <calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ProfitLoss_93e5ee3a-9656-11e2-88e7-12313d1a0274" xlink:to="loc_star_ResidentialPropertyProfitLoss_5be1d99e-9313-62c3-eba8-c4b0e687fbe0" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLossAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_7ccc070c-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLoss_7cc2c354-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_7ccc070c-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockDividendsIncomeStatementImpact" xlink:label="loc_us-gaap_PreferredStockDividendsIncomeStatementImpact_8fce9194-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_7baa5572-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_PreferredStockDividendsIncomeStatementImpact_8fce9194-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_NetIncomeLossAvailableToHpuHoldersAndParticipatingSecurityHoldersBasic" xlink:label="loc_star_NetIncomeLossAvailableToHpuHoldersAndParticipatingSecurityHoldersBasic_405d71f7-d8e3-402d-a80e-c4b10898b6f0" xlink:type="locator" />
    <calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_7baa5572-9656-11e2-88e7-12313d1a0274" xlink:to="loc_star_NetIncomeLossAvailableToHpuHoldersAndParticipatingSecurityHoldersBasic_405d71f7-d8e3-402d-a80e-c4b10898b6f0" xlink:type="arc" />
  </calculationLink>
  <calculationLink xlink:role="http://www.istarfinancial.com/role/ConsolidatedStatementsOfOperationsParenthetical" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/DebtObligationsNet" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/DebtObligationsNetDebtCovenantsDetails" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/DebtObligationsNetEncumberedUnencumberedAssetsDetails" xlink:type="extended">
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Assets" xlink:label="loc_us-gaap_Assets_0ce13e30-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <loc xlink:href="star-20140331.xsd#star_RealEstateInvestmentPropertyHeldForUseNet" xlink:label="loc_star_RealEstateInvestmentPropertyHeldForUseNet_60a37e0c-e94b-32f2-9301-c4b110643933" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_0ce13e30-9656-11e2-88e7-12313d1a0274" xlink:to="loc_star_RealEstateInvestmentPropertyHeldForUseNet_60a37e0c-e94b-32f2-9301-c4b110643933" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_RealEstateAvailableAndHeldForSale" xlink:label="loc_star_RealEstateAvailableAndHeldForSale_d79aca6b-5a45-6d95-be1e-c4b11241edbd" xlink:type="locator" />
    <calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_0ce13e30-9656-11e2-88e7-12313d1a0274" xlink:to="loc_star_RealEstateAvailableAndHeldForSale_d79aca6b-5a45-6d95-be1e-c4b11241edbd" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_LoansAndOtherLendingInvestments" xlink:label="loc_star_LoansAndOtherLendingInvestments_8e63d47b-1f6a-ce35-e7cb-c4b11b5b345b" xlink:type="locator" />
    <calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_0ce13e30-9656-11e2-88e7-12313d1a0274" xlink:to="loc_star_LoansAndOtherLendingInvestments_8e63d47b-1f6a-ce35-e7cb-c4b11b5b345b" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherInvestments" xlink:label="loc_us-gaap_OtherInvestments_87a08f5e-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_0ce13e30-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_OtherInvestments_87a08f5e-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_CashAndOtherAssets" xlink:label="loc_star_CashAndOtherAssets_e606833c-376e-b1d1-095a-c4b10046950b" xlink:type="locator" />
    <calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_0ce13e30-9656-11e2-88e7-12313d1a0274" xlink:to="loc_star_CashAndOtherAssets_e606833c-376e-b1d1-095a-c4b10046950b" xlink:type="arc" />
  </calculationLink>
  <calculationLink xlink:role="http://www.istarfinancial.com/role/DebtObligationsNetFutureScheduledMaturitiesDetails" xlink:type="extended">
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="loc_us-gaap_DebtInstrumentCarryingAmount_2625f7fa-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear_756e2bb6-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DebtInstrumentCarryingAmount_2625f7fa-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear_756e2bb6-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_760cfcdc-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DebtInstrumentCarryingAmount_2625f7fa-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_760cfcdc-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_761ba6b0-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DebtInstrumentCarryingAmount_2625f7fa-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_761ba6b0-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_7616a25a-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DebtInstrumentCarryingAmount_2625f7fa-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_7616a25a-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_7618fba4-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DebtInstrumentCarryingAmount_2625f7fa-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_7618fba4-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_761b364e-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="6" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DebtInstrumentCarryingAmount_2625f7fa-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_761b364e-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
  </calculationLink>
  <calculationLink xlink:role="http://www.istarfinancial.com/role/DebtObligationsNetScheduleOfDebtDetails" xlink:type="extended">
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LongTermDebt" xlink:label="loc_us-gaap_LongTermDebt_754fc3b0-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="loc_us-gaap_DebtInstrumentCarryingAmount_2625f7fa-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LongTermDebt_754fc3b0-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_DebtInstrumentCarryingAmount_2625f7fa-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DebtInstrumentUnamortizedDiscountPremiumNet" xlink:label="loc_us-gaap_DebtInstrumentUnamortizedDiscountPremiumNet_270686da-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LongTermDebt_754fc3b0-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_DebtInstrumentUnamortizedDiscountPremiumNet_270686da-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
  </calculationLink>
  <calculationLink xlink:role="http://www.istarfinancial.com/role/DebtObligationsNetSecuredCreditFacilityNarrativeDetails" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/DebtObligationsNetTables" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/Derivatives" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/DerivativesClassificationOnConsolidatedBalanceSheetsDetails" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/DerivativesClassificationOnConsolidatedStatementsOfOperationsDetails" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/DerivativesNarrativeDetails" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/DerivativesNotionalAmountsDetails" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/DerivativesTables" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/DocumentAndEntityInformation" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/EarningsPerShare" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/EarningsPerShareAntiDilutiveSharesDetails" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/EarningsPerShareScheduleOfEarningsPerShareDetails" xlink:type="extended">
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EarningsPerShareBasicAndDiluted" xlink:label="loc_us-gaap_EarningsPerShareBasicAndDiluted_3f77d2a0-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsPerBasicAndDilutedShare" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsPerBasicAndDilutedShare_60851cd2-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_EarningsPerShareBasicAndDiluted_3f77d2a0-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_IncomeLossFromContinuingOperationsPerBasicAndDilutedShare_60851cd2-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare" xlink:label="loc_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare_60357952-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_EarningsPerShareBasicAndDiluted_3f77d2a0-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare_60357952-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTaxPerBasicAndDilutedShare" xlink:label="loc_us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTaxPerBasicAndDilutedShare_3ae3e670-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_EarningsPerShareBasicAndDiluted_3f77d2a0-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTaxPerBasicAndDilutedShare_3ae3e670-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic" xlink:label="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_7baa5572-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <loc xlink:href="star-20140331.xsd#star_IncomeLossFromContinuingOperationsAttributableToParentAndAvailableToCommonShareholders" xlink:label="loc_star_IncomeLossFromContinuingOperationsAttributableToParentAndAvailableToCommonShareholders_d62fc65d-a607-4843-ddd8-c4b10cc16c32" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_7baa5572-9656-11e2-88e7-12313d1a0274" xlink:to="loc_star_IncomeLossFromContinuingOperationsAttributableToParentAndAvailableToCommonShareholders_d62fc65d-a607-4843-ddd8-c4b10cc16c32" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_IncomeLossFromDiscontinuedOperations" xlink:label="loc_star_IncomeLossFromDiscontinuedOperations_eb0dd067-be6b-799e-3d7d-c4b10aec29e9" xlink:type="locator" />
    <calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_7baa5572-9656-11e2-88e7-12313d1a0274" xlink:to="loc_star_IncomeLossFromDiscontinuedOperations_eb0dd067-be6b-799e-3d7d-c4b10aec29e9" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax" xlink:label="loc_us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax_3b2c4ce4-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_7baa5572-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax_3b2c4ce4-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_IncomeLossFromContinuingOperationsAttributableToParentAndAvailableToHpuHolders" xlink:label="loc_star_IncomeLossFromContinuingOperationsAttributableToParentAndAvailableToHpuHolders_e6866198-9961-1291-9e2b-c4b1058a552c" xlink:type="locator" />
    <calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_7baa5572-9656-11e2-88e7-12313d1a0274" xlink:to="loc_star_IncomeLossFromContinuingOperationsAttributableToParentAndAvailableToHpuHolders_e6866198-9961-1291-9e2b-c4b1058a552c" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_IncomeLossFromContinuingOperationsAttributableToParentAndAvailableToCommonShareholdersHpuHoldersAndParticipatingSecurityHolders" xlink:label="loc_star_IncomeLossFromContinuingOperationsAttributableToParentAndAvailableToCommonShareholdersHpuHoldersAndParticipatingSecurityHolders_9f1cdd42-d15a-7cde-cb5b-c4b103ce2bf8" xlink:type="locator" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_6155c1d4-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_star_IncomeLossFromContinuingOperationsAttributableToParentAndAvailableToCommonShareholdersHpuHoldersAndParticipatingSecurityHolders_9f1cdd42-d15a-7cde-cb5b-c4b103ce2bf8" xlink:to="loc_us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest_6155c1d4-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NetIncomeLossAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_7ccc070c-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_star_IncomeLossFromContinuingOperationsAttributableToParentAndAvailableToCommonShareholdersHpuHoldersAndParticipatingSecurityHolders_9f1cdd42-d15a-7cde-cb5b-c4b103ce2bf8" xlink:to="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_7ccc070c-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_ResidentialPropertyProfitLoss" xlink:label="loc_star_ResidentialPropertyProfitLoss_5be1d99e-9313-62c3-eba8-c4b0e687fbe0" xlink:type="locator" />
    <calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_star_IncomeLossFromContinuingOperationsAttributableToParentAndAvailableToCommonShareholdersHpuHoldersAndParticipatingSecurityHolders_9f1cdd42-d15a-7cde-cb5b-c4b103ce2bf8" xlink:to="loc_star_ResidentialPropertyProfitLoss_5be1d99e-9313-62c3-eba8-c4b0e687fbe0" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_PreferredStockDividendsIncomeStatementImpact" xlink:label="loc_us-gaap_PreferredStockDividendsIncomeStatementImpact_8fce9194-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="4" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_star_IncomeLossFromContinuingOperationsAttributableToParentAndAvailableToCommonShareholdersHpuHoldersAndParticipatingSecurityHolders_9f1cdd42-d15a-7cde-cb5b-c4b103ce2bf8" xlink:to="loc_us-gaap_PreferredStockDividendsIncomeStatementImpact_8fce9194-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
  </calculationLink>
  <calculationLink xlink:role="http://www.istarfinancial.com/role/EarningsPerShareTables" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/Equity" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/EquityAccumulatedOtherComprehensiveIncomeLossDetails" xlink:type="extended">
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_062fd1c8-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax_062d1690-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_062fd1c8-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax_062d1690-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax_0628cdba-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_062fd1c8-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax_0628cdba-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax_063c3aee-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_062fd1c8-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax_063c3aee-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
  </calculationLink>
  <calculationLink xlink:role="http://www.istarfinancial.com/role/EquityDividendsDetails" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/EquityPreferredStockDetails" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/EquityStockRepurchaseProgramDetails" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/EquityTables" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/FairValues" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/FairValuesNarrativeDetails" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/FairValuesScheduleOfFairValueMeasurementAssumptionsDetails" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/FairValuesScheduleOfFairValueMeasurementDetails" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/FairValuesTables" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/LoansReceivableAndOtherLendingInvestmentsNet" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/LoansReceivableAndOtherLendingInvestmentsNetCreditCharacteristicsByPaymentStatusDetails" xlink:type="extended">
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NotesReceivableNet" xlink:label="loc_us-gaap_NotesReceivableNet_7dbef494-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancingReceivableRecordedInvestmentCurrent" xlink:label="loc_us-gaap_FinancingReceivableRecordedInvestmentCurrent_547eb646-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NotesReceivableNet_7dbef494-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_FinancingReceivableRecordedInvestmentCurrent_547eb646-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancingReceivableRecordedInvestmentPastDue" xlink:label="loc_us-gaap_FinancingReceivableRecordedInvestmentPastDue_5485884a-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NotesReceivableNet_7dbef494-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_FinancingReceivableRecordedInvestmentPastDue_5485884a-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_FinancingReceivableRecordedInvestmentEqualToLessThan90DaysPastDue" xlink:label="loc_star_FinancingReceivableRecordedInvestmentEqualToLessThan90DaysPastDue_45cec75b-05a4-6651-a9c1-c4b10243cfc5" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_FinancingReceivableRecordedInvestmentPastDue_5485884a-9656-11e2-88e7-12313d1a0274" xlink:to="loc_star_FinancingReceivableRecordedInvestmentEqualToLessThan90DaysPastDue_45cec75b-05a4-6651-a9c1-c4b10243cfc5" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_FinancingReceivableRecordedInvestmentGreaterThan90DaysPastDue" xlink:label="loc_star_FinancingReceivableRecordedInvestmentGreaterThan90DaysPastDue_932a6367-0cfe-83da-13e0-c4b103a60933" xlink:type="locator" />
    <calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_FinancingReceivableRecordedInvestmentPastDue_5485884a-9656-11e2-88e7-12313d1a0274" xlink:to="loc_star_FinancingReceivableRecordedInvestmentGreaterThan90DaysPastDue_932a6367-0cfe-83da-13e0-c4b103a60933" xlink:type="arc" />
  </calculationLink>
  <calculationLink xlink:role="http://www.istarfinancial.com/role/LoansReceivableAndOtherLendingInvestmentsNetCreditCharacteristicsForPerformingLoansDetails" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/LoansReceivableAndOtherLendingInvestmentsNetImpairedLoansDetails" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/LoansReceivableAndOtherLendingInvestmentsNetNarrativeDetails" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/LoansReceivableAndOtherLendingInvestmentsNetReserveForLoanLossesDetails" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/LoansReceivableAndOtherLendingInvestmentsNetScheduleOfInvestmentInLoansDetails" xlink:type="extended">
    <loc xlink:href="star-20140331.xsd#star_LoansReceivableAllowance" xlink:label="loc_star_LoansReceivableAllowance_a9e38f6c-4f62-db18-06d0-c4b11d488d0b" xlink:type="locator" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1" xlink:label="loc_us-gaap_FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1_53c591d4-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_star_LoansReceivableAllowance_a9e38f6c-4f62-db18-06d0-c4b11d488d0b" xlink:to="loc_us-gaap_FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1_53c591d4-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment" xlink:label="loc_us-gaap_FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment_54a5ab5c-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_star_LoansReceivableAllowance_a9e38f6c-4f62-db18-06d0-c4b11d488d0b" xlink:to="loc_us-gaap_FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment_54a5ab5c-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancingReceivableAllowanceForCreditLossesAcquiredWithDeterioratedCreditQuality" xlink:label="loc_us-gaap_FinancingReceivableAllowanceForCreditLossesAcquiredWithDeterioratedCreditQuality_544c68b2-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_star_LoansReceivableAllowance_a9e38f6c-4f62-db18-06d0-c4b11d488d0b" xlink:to="loc_us-gaap_FinancingReceivableAllowanceForCreditLossesAcquiredWithDeterioratedCreditQuality_544c68b2-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_NotesReceivableNet" xlink:label="loc_us-gaap_NotesReceivableNet_7dbef494-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancingReceivableIndividuallyEvaluatedForImpairment" xlink:label="loc_us-gaap_FinancingReceivableIndividuallyEvaluatedForImpairment_547dddf2-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NotesReceivableNet_7dbef494-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_FinancingReceivableIndividuallyEvaluatedForImpairment_547dddf2-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancingReceivableCollectivelyEvaluatedForImpairment" xlink:label="loc_us-gaap_FinancingReceivableCollectivelyEvaluatedForImpairment_548bd6f0-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NotesReceivableNet_7dbef494-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_FinancingReceivableCollectivelyEvaluatedForImpairment_548bd6f0-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FinancingReceivableAcquiredWithDeterioratedCreditQuality" xlink:label="loc_us-gaap_FinancingReceivableAcquiredWithDeterioratedCreditQuality_53bc2aae-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NotesReceivableNet_7dbef494-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_FinancingReceivableAcquiredWithDeterioratedCreditQuality_53bc2aae-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_FinancingReceivableNetOfReserveForLoanLosses" xlink:label="loc_star_FinancingReceivableNetOfReserveForLoanLosses_ef980f9e-df18-f23b-741a-c4b103d4eef1" xlink:type="locator" />
    <loc xlink:href="star-20140331.xsd#star_FinancingReceivableIndividuallyEvaluatedForImpairmentNetOfReserveForLoanLosses" xlink:label="loc_star_FinancingReceivableIndividuallyEvaluatedForImpairmentNetOfReserveForLoanLosses_badf574a-1301-cb5c-2468-c4b103a8f4a9" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_star_FinancingReceivableNetOfReserveForLoanLosses_ef980f9e-df18-f23b-741a-c4b103d4eef1" xlink:to="loc_star_FinancingReceivableIndividuallyEvaluatedForImpairmentNetOfReserveForLoanLosses_badf574a-1301-cb5c-2468-c4b103a8f4a9" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_FinancingReceivableCollectivelyEvaluatedForImpairmentNetOfReserveForLoanLosses" xlink:label="loc_star_FinancingReceivableCollectivelyEvaluatedForImpairmentNetOfReserveForLoanLosses_67473c0d-4bc6-a471-ad1e-c4b103d0d246" xlink:type="locator" />
    <calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_star_FinancingReceivableNetOfReserveForLoanLosses_ef980f9e-df18-f23b-741a-c4b103d4eef1" xlink:to="loc_star_FinancingReceivableCollectivelyEvaluatedForImpairmentNetOfReserveForLoanLosses_67473c0d-4bc6-a471-ad1e-c4b103d0d246" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_FinancingReceivableAcquiredWithDeterioratedCreditQualityNetOfReserveForLoanLosses" xlink:label="loc_star_FinancingReceivableAcquiredWithDeterioratedCreditQualityNetOfReserveForLoanLosses_66aad094-5e4e-51a5-9ff8-c4b10575b692" xlink:type="locator" />
    <calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_star_FinancingReceivableNetOfReserveForLoanLosses_ef980f9e-df18-f23b-741a-c4b103d4eef1" xlink:to="loc_star_FinancingReceivableAcquiredWithDeterioratedCreditQualityNetOfReserveForLoanLosses_66aad094-5e4e-51a5-9ff8-c4b10575b692" xlink:type="arc" />
  </calculationLink>
  <calculationLink xlink:role="http://www.istarfinancial.com/role/LoansReceivableAndOtherLendingInvestmentsNetScheduleOfLoansReceivableDetails" xlink:type="extended">
    <loc xlink:href="star-20140331.xsd#star_LoansAndOtherLendingInvestments" xlink:label="loc_star_LoansAndOtherLendingInvestments_8e63d47b-1f6a-ce35-e7cb-c4b11b5b345b" xlink:type="locator" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_LoansReceivableNet" xlink:label="loc_us-gaap_LoansReceivableNet_74bbc822-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_star_LoansAndOtherLendingInvestments_8e63d47b-1f6a-ce35-e7cb-c4b11b5b345b" xlink:to="loc_us-gaap_LoansReceivableNet_74bbc822-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_LoansReceivableNetOfDeferredIncome" xlink:label="loc_star_LoansReceivableNetOfDeferredIncome_3c485138-ea5a-52b6-f124-c4b0e68a1343" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LoansReceivableNet_74bbc822-9656-11e2-88e7-12313d1a0274" xlink:to="loc_star_LoansReceivableNetOfDeferredIncome_3c485138-ea5a-52b6-f124-c4b0e68a1343" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_LoansReceivableAllowance" xlink:label="loc_star_LoansReceivableAllowance_a9e38f6c-4f62-db18-06d0-c4b11d488d0b" xlink:type="locator" />
    <calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LoansReceivableNet_74bbc822-9656-11e2-88e7-12313d1a0274" xlink:to="loc_star_LoansReceivableAllowance_a9e38f6c-4f62-db18-06d0-c4b11d488d0b" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_HeldToMaturityAndAvailableForSaleSecurities" xlink:label="loc_star_HeldToMaturityAndAvailableForSaleSecurities_4805b29a-e268-db3e-9f54-c4b0e867c5a8" xlink:type="locator" />
    <calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_star_LoansAndOtherLendingInvestments_8e63d47b-1f6a-ce35-e7cb-c4b11b5b345b" xlink:to="loc_star_HeldToMaturityAndAvailableForSaleSecurities_4805b29a-e268-db3e-9f54-c4b0e867c5a8" xlink:type="arc" />
  </calculationLink>
  <calculationLink xlink:role="http://www.istarfinancial.com/role/LoansReceivableAndOtherLendingInvestmentsNetSecuritiesDetails" xlink:type="extended">
    <loc xlink:href="star-20140331.xsd#star_DebtSecuritiesFairValue" xlink:label="loc_star_DebtSecuritiesFairValue_07c5d178-8f65-11e3-b035-22000a1e8102" xlink:type="locator" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtSecurities" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesDebtSecurities_0dd57554-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_star_DebtSecuritiesFairValue_07c5d178-8f65-11e3-b035-22000a1e8102" xlink:to="loc_us-gaap_AvailableForSaleSecuritiesDebtSecurities_0dd57554-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="loc_us-gaap_HeldToMaturitySecuritiesFairValue_5f469df0-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_star_DebtSecuritiesFairValue_07c5d178-8f65-11e3-b035-22000a1e8102" xlink:to="loc_us-gaap_HeldToMaturitySecuritiesFairValue_5f469df0-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_DebtSecuritiesNetCarryingAmount" xlink:label="loc_star_DebtSecuritiesNetCarryingAmount_39bd9d64-8f65-11e3-b035-22000a1e8102" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_star_DebtSecuritiesNetCarryingAmount_39bd9d64-8f65-11e3-b035-22000a1e8102" xlink:to="loc_us-gaap_AvailableForSaleSecuritiesDebtSecurities_0dd57554-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="loc_us-gaap_HeldToMaturitySecurities_5f25f582-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_star_DebtSecuritiesNetCarryingAmount_39bd9d64-8f65-11e3-b035-22000a1e8102" xlink:to="loc_us-gaap_HeldToMaturitySecurities_5f25f582-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_DebtSecuritiesAmortizedCostBasis" xlink:label="loc_star_DebtSecuritiesAmortizedCostBasis_b422bfb8-8f64-11e3-b035-22000a1e8102" xlink:type="locator" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis" xlink:label="loc_us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis_0dd8a5a8-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_star_DebtSecuritiesAmortizedCostBasis_b422bfb8-8f64-11e3-b035-22000a1e8102" xlink:to="loc_us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis_0dd8a5a8-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_HeldToMaturitySecuritiesAmortizedCostBeforeOtherThanTemporaryImpairment" xlink:label="loc_us-gaap_HeldToMaturitySecuritiesAmortizedCostBeforeOtherThanTemporaryImpairment_5e800faa-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_star_DebtSecuritiesAmortizedCostBasis_b422bfb8-8f64-11e3-b035-22000a1e8102" xlink:to="loc_us-gaap_HeldToMaturitySecuritiesAmortizedCostBeforeOtherThanTemporaryImpairment_5e800faa-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_DebtSecuritiesFaceAmount" xlink:label="loc_star_DebtSecuritiesFaceAmount_8cc851d0-8f64-11e3-b035-22000a1e8102" xlink:type="locator" />
    <loc xlink:href="star-20140331.xsd#star_AvailableforsaleSecuritiesDebtSecurityFaceAmount" xlink:label="loc_star_AvailableforsaleSecuritiesDebtSecurityFaceAmount_46d575d8-8f62-11e3-b035-22000a1e8102" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_star_DebtSecuritiesFaceAmount_8cc851d0-8f64-11e3-b035-22000a1e8102" xlink:to="loc_star_AvailableforsaleSecuritiesDebtSecurityFaceAmount_46d575d8-8f62-11e3-b035-22000a1e8102" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_HeldtomaturitySecuritiesDebtSecurityFaceAmount" xlink:label="loc_star_HeldtomaturitySecuritiesDebtSecurityFaceAmount_6c7b9024-8f62-11e3-b035-22000a1e8102" xlink:type="locator" />
    <calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_star_DebtSecuritiesFaceAmount_8cc851d0-8f64-11e3-b035-22000a1e8102" xlink:to="loc_star_HeldtomaturitySecuritiesDebtSecurityFaceAmount_6c7b9024-8f62-11e3-b035-22000a1e8102" xlink:type="arc" />
  </calculationLink>
  <calculationLink xlink:role="http://www.istarfinancial.com/role/LoansReceivableAndOtherLendingInvestmentsNetTables" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/LoansReceivableAndOtherLendingInvestmentsNetTroubledDebtRestructuringsDetails" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/OtherAssetsAndOtherLiabilities" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/OtherAssetsAndOtherLiabilitiesDeferredTaxAssetsAndLiabilitiesDetails" xlink:type="extended">
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsNet" xlink:label="loc_us-gaap_DeferredTaxAssetsNet_2afbcf16-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsGross" xlink:label="loc_us-gaap_DeferredTaxAssetsGross_2acbdd92-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DeferredTaxAssetsNet_2afbcf16-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_DeferredTaxAssetsGross_2acbdd92-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredTaxAssetsValuationAllowance" xlink:label="loc_us-gaap_DeferredTaxAssetsValuationAllowance_2b3a4dc2-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DeferredTaxAssetsNet_2afbcf16-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_DeferredTaxAssetsValuationAllowance_2b3a4dc2-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
  </calculationLink>
  <calculationLink xlink:role="http://www.istarfinancial.com/role/OtherAssetsAndOtherLiabilitiesOtherAssetsDetails" xlink:type="extended">
    <loc xlink:href="star-20140331.xsd#star_DeferredExpensesAndOtherAssetsNet" xlink:label="loc_star_DeferredExpensesAndOtherAssetsNet_e41733a4-be51-d675-2383-c4b0ee90b3ea" xlink:type="locator" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsNet" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsNet_54e9c33c-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_star_DeferredExpensesAndOtherAssetsNet_e41733a4-be51-d675-2383-c4b0ee90b3ea" xlink:to="loc_us-gaap_FiniteLivedIntangibleAssetsNet_54e9c33c-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherReceivables" xlink:label="loc_us-gaap_OtherReceivables_87343e4e-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_star_DeferredExpensesAndOtherAssetsNet_e41733a4-be51-d675-2383-c4b0ee90b3ea" xlink:to="loc_us-gaap_OtherReceivables_87343e4e-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredFinanceCostsNet" xlink:label="loc_us-gaap_DeferredFinanceCostsNet_29f4d45a-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_star_DeferredExpensesAndOtherAssetsNet_e41733a4-be51-d675-2383-c4b0ee90b3ea" xlink:to="loc_us-gaap_DeferredFinanceCostsNet_29f4d45a-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DeferredCostsLeasingNet" xlink:label="loc_us-gaap_DeferredCostsLeasingNet_29f075e0-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_star_DeferredExpensesAndOtherAssetsNet_e41733a4-be51-d675-2383-c4b0ee90b3ea" xlink:to="loc_us-gaap_DeferredCostsLeasingNet_29f075e0-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_FurnitureFixturesAndLeaseholdImprovementsNet" xlink:label="loc_star_FurnitureFixturesAndLeaseholdImprovementsNet_b25612a4-e39c-aedd-7486-c4b0e6849d2f" xlink:type="locator" />
    <calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_star_DeferredExpensesAndOtherAssetsNet_e41733a4-be51-d675-2383-c4b0ee90b3ea" xlink:to="loc_star_FurnitureFixturesAndLeaseholdImprovementsNet_b25612a4-e39c-aedd-7486-c4b0e6849d2f" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherAssets" xlink:label="loc_us-gaap_OtherAssets_839ac38e-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="6" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_star_DeferredExpensesAndOtherAssetsNet_e41733a4-be51-d675-2383-c4b0ee90b3ea" xlink:to="loc_us-gaap_OtherAssets_839ac38e-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
  </calculationLink>
  <calculationLink xlink:role="http://www.istarfinancial.com/role/OtherAssetsAndOtherLiabilitiesScheduleOfOtherLiabilitiesDetails" xlink:type="extended">
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent" xlink:label="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_055e365e-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <loc xlink:href="star-20140331.xsd#star_AccruedLiabilitiesOtherThanInterest" xlink:label="loc_star_AccruedLiabilitiesOtherThanInterest_63e37992-2df0-3253-9af5-c4b0ee906402" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_055e365e-9656-11e2-88e7-12313d1a0274" xlink:to="loc_star_AccruedLiabilitiesOtherThanInterest_63e37992-2df0-3253-9af5-c4b0ee906402" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_InterestPayableCurrentAndNoncurrent" xlink:label="loc_us-gaap_InterestPayableCurrentAndNoncurrent_6782bc60-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_055e365e-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_InterestPayableCurrentAndNoncurrent_6782bc60-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_BelowMarketLeaseNet" xlink:label="loc_us-gaap_BelowMarketLeaseNet_0f3743b4-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_055e365e-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_BelowMarketLeaseNet_0f3743b4-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherLiabilities" xlink:label="loc_us-gaap_OtherLiabilities_8550ad24-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent_055e365e-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_OtherLiabilities_8550ad24-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
  </calculationLink>
  <calculationLink xlink:role="http://www.istarfinancial.com/role/OtherAssetsAndOtherLiabilitiesTables" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/OtherInvestments" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/OtherInvestmentsIncomeStatementDetails" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/OtherInvestmentsLnrPropertyNarrativeDetails" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/OtherInvestmentsNarrativeDetails" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/OtherInvestmentsScheduleOfOtherInvestmentsDetails" xlink:type="extended">
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherInvestments" xlink:label="loc_us-gaap_OtherInvestments_87a08f5e-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_EquityMethodInvestments" xlink:label="loc_us-gaap_EquityMethodInvestments_42642ebe-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherInvestments_87a08f5e-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_EquityMethodInvestments_42642ebe-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_CostMethodInvestments" xlink:label="loc_us-gaap_CostMethodInvestments_230862ba-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherInvestments_87a08f5e-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_CostMethodInvestments_230862ba-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
  </calculationLink>
  <calculationLink xlink:role="http://www.istarfinancial.com/role/OtherInvestmentsTables" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/RealEstate" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/RealEstateAcquisitionsDetails" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/RealEstateAllowanceForDoubtfulAccountsDetails" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/RealEstateDiscontinuedOperationsDetails" xlink:type="extended">
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax" xlink:label="loc_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax_60d6cab4-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DisposalGroupIncludingDiscontinuedOperationRevenue" xlink:label="loc_us-gaap_DisposalGroupIncludingDiscontinuedOperationRevenue_3c4bff2a-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax_60d6cab4-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_DisposalGroupIncludingDiscontinuedOperationRevenue_3c4bff2a-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_DisposalGroupIncludingDiscontinuedOperationTotalExpenses" xlink:label="loc_star_DisposalGroupIncludingDiscontinuedOperationTotalExpenses_34b9971c-b084-d588-032b-c4b10ae3001f" xlink:type="locator" />
    <calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax_60d6cab4-9656-11e2-88e7-12313d1a0274" xlink:to="loc_star_DisposalGroupIncludingDiscontinuedOperationTotalExpenses_34b9971c-b084-d588-032b-c4b10ae3001f" xlink:type="arc" />
  </calculationLink>
  <calculationLink xlink:role="http://www.istarfinancial.com/role/RealEstateDispositionsDetails" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/RealEstateRealEstateAvailableAndHeldForSaleDetails" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/RealEstateScheduleOfRealEstateAssetsDetails" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/RealEstateTables" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/RealEstateTenantReimbursementsDetails" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/SegmentReporting" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/SegmentReportingReconciliationOfSegmentProfitLossDetails" xlink:type="extended">
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaap_ProfitLoss_93e5ee3a-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <loc xlink:href="star-20140331.xsd#star_SegmentProfitLoss" xlink:label="loc_star_SegmentProfitLoss_784a80f8-05e4-b9ac-e8c1-c4b11d3aa79e" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ProfitLoss_93e5ee3a-9656-11e2-88e7-12313d1a0274" xlink:to="loc_star_SegmentProfitLoss_784a80f8-05e4-b9ac-e8c1-c4b11d3aa79e" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_ProvisionForLoanLossesExpensed" xlink:label="loc_us-gaap_ProvisionForLoanLossesExpensed_94b216b8-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ProfitLoss_93e5ee3a-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_ProvisionForLoanLossesExpensed_94b216b8-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_SegmentAssetImpairmentCharges" xlink:label="loc_star_SegmentAssetImpairmentCharges_8fa872e3-4b07-9b7e-9234-c4b11b50ca23" xlink:type="locator" />
    <calculationArc order="3" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ProfitLoss_93e5ee3a-9656-11e2-88e7-12313d1a0274" xlink:to="loc_star_SegmentAssetImpairmentCharges_8fa872e3-4b07-9b7e-9234-c4b11b50ca23" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_AllocatedShareBasedCompensationExpense" xlink:label="loc_us-gaap_AllocatedShareBasedCompensationExpense_0b9f873e-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="4" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ProfitLoss_93e5ee3a-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_AllocatedShareBasedCompensationExpense_0b9f873e-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_SegmentDepreciationAndAmortization" xlink:label="loc_star_SegmentDepreciationAndAmortization_e38ad404-a816-a25f-b832-c4b119b12537" xlink:type="locator" />
    <calculationArc order="5" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ProfitLoss_93e5ee3a-9656-11e2-88e7-12313d1a0274" xlink:to="loc_star_SegmentDepreciationAndAmortization_e38ad404-a816-a25f-b832-c4b119b12537" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_IncomeTaxExpenseBenefit_610ca94a-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="6" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ProfitLoss_93e5ee3a-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_IncomeTaxExpenseBenefit_610ca94a-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_GainsLossesOnExtinguishmentOfDebt" xlink:label="loc_us-gaap_GainsLossesOnExtinguishmentOfDebt_5ad54e60-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="7" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ProfitLoss_93e5ee3a-9656-11e2-88e7-12313d1a0274" xlink:to="loc_us-gaap_GainsLossesOnExtinguishmentOfDebt_5ad54e60-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
  </calculationLink>
  <calculationLink xlink:role="http://www.istarfinancial.com/role/SegmentReportingScheduleOfSegmentsDetails" xlink:type="extended">
    <loc xlink:href="star-20140331.xsd#star_SegmentProfitLoss" xlink:label="loc_star_SegmentProfitLoss_784a80f8-05e4-b9ac-e8c1-c4b11d3aa79e" xlink:type="locator" />
    <loc xlink:href="star-20140331.xsd#star_RevenueAndOtherEarnings" xlink:label="loc_star_RevenueAndOtherEarnings_ab64922e-4cc0-7678-a727-c4b115da8952" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_star_SegmentProfitLoss_784a80f8-05e4-b9ac-e8c1-c4b11d3aa79e" xlink:to="loc_star_RevenueAndOtherEarnings_ab64922e-4cc0-7678-a727-c4b115da8952" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Revenues" xlink:label="loc_us-gaap_Revenues_a489395e-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_star_RevenueAndOtherEarnings_ab64922e-4cc0-7678-a727-c4b115da8952" xlink:to="loc_us-gaap_Revenues_a489395e-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_IncomeLossFromEquityMethodInvestments" xlink:label="loc_us-gaap_IncomeLossFromEquityMethodInvestments_601d37fc-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_star_RevenueAndOtherEarnings_ab64922e-4cc0-7678-a727-c4b115da8952" xlink:to="loc_us-gaap_IncomeLossFromEquityMethodInvestments_601d37fc-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_ResidentialPropertyProfitLoss" xlink:label="loc_star_ResidentialPropertyProfitLoss_5be1d99e-9313-62c3-eba8-c4b0e687fbe0" xlink:type="locator" />
    <calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_star_RevenueAndOtherEarnings_ab64922e-4cc0-7678-a727-c4b115da8952" xlink:to="loc_star_ResidentialPropertyProfitLoss_5be1d99e-9313-62c3-eba8-c4b0e687fbe0" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_NetOperatingIncomeFromDiscontinuedOperations" xlink:label="loc_star_NetOperatingIncomeFromDiscontinuedOperations_20170185-c3a6-4b3a-8573-c4b118045841" xlink:type="locator" />
    <calculationArc order="4" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_star_RevenueAndOtherEarnings_ab64922e-4cc0-7678-a727-c4b115da8952" xlink:to="loc_star_NetOperatingIncomeFromDiscontinuedOperations_20170185-c3a6-4b3a-8573-c4b118045841" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax" xlink:label="loc_us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax_3b2c4ce4-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="5" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_star_RevenueAndOtherEarnings_ab64922e-4cc0-7678-a727-c4b115da8952" xlink:to="loc_us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax_3b2c4ce4-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_CostOfRealEstateHeldForSaleAndOtherRealEstateOwned" xlink:label="loc_star_CostOfRealEstateHeldForSaleAndOtherRealEstateOwned_baecf87c-0389-96f1-ee8d-c4b117f7dceb" xlink:type="locator" />
    <calculationArc order="2" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_star_SegmentProfitLoss_784a80f8-05e4-b9ac-e8c1-c4b11d3aa79e" xlink:to="loc_star_CostOfRealEstateHeldForSaleAndOtherRealEstateOwned_baecf87c-0389-96f1-ee8d-c4b117f7dceb" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_CostsofLandSales" xlink:label="loc_star_CostsofLandSales_2d51e642-c59e-11e3-b035-22000a1e8102" xlink:type="locator" />
    <calculationArc order="3" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_star_SegmentProfitLoss_784a80f8-05e4-b9ac-e8c1-c4b11d3aa79e" xlink:to="loc_star_CostsofLandSales_2d51e642-c59e-11e3-b035-22000a1e8102" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherExpenses" xlink:label="loc_us-gaap_OtherExpenses_84f679f8-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="4" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_star_SegmentProfitLoss_784a80f8-05e4-b9ac-e8c1-c4b11d3aa79e" xlink:to="loc_us-gaap_OtherExpenses_84f679f8-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_InterestExpenseIncludingDiscontinuedOperations" xlink:label="loc_star_InterestExpenseIncludingDiscontinuedOperations_80ea6a02-8cb0-0056-6a4f-c4b117c19ded" xlink:type="locator" />
    <calculationArc order="5" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_star_SegmentProfitLoss_784a80f8-05e4-b9ac-e8c1-c4b11d3aa79e" xlink:to="loc_star_InterestExpenseIncludingDiscontinuedOperations_80ea6a02-8cb0-0056-6a4f-c4b117c19ded" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_GeneralAndAdministrativeExpenseExcludingStockBasedCompensationExpense" xlink:label="loc_star_GeneralAndAdministrativeExpenseExcludingStockBasedCompensationExpense_d468db8b-1fac-0d00-9522-c4b1120360be" xlink:type="locator" />
    <calculationArc order="6" weight="-1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_star_SegmentProfitLoss_784a80f8-05e4-b9ac-e8c1-c4b11d3aa79e" xlink:to="loc_star_GeneralAndAdministrativeExpenseExcludingStockBasedCompensationExpense_d468db8b-1fac-0d00-9522-c4b1120360be" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_Assets" xlink:label="loc_us-gaap_Assets_0ce13e30-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <loc xlink:href="star-20140331.xsd#star_PortfolioAssets" xlink:label="loc_star_PortfolioAssets_d86246ff-a427-f402-749e-c4b112364e6c" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_0ce13e30-9656-11e2-88e7-12313d1a0274" xlink:to="loc_star_PortfolioAssets_d86246ff-a427-f402-749e-c4b112364e6c" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_RealEstateInvestmentPropertyNet" xlink:label="loc_us-gaap_RealEstateInvestmentPropertyNet_967429fa-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="1" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_star_PortfolioAssets_d86246ff-a427-f402-749e-c4b112364e6c" xlink:to="loc_us-gaap_RealEstateInvestmentPropertyNet_967429fa-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_LoansAndOtherLendingInvestments" xlink:label="loc_star_LoansAndOtherLendingInvestments_8e63d47b-1f6a-ce35-e7cb-c4b11b5b345b" xlink:type="locator" />
    <calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_star_PortfolioAssets_d86246ff-a427-f402-749e-c4b112364e6c" xlink:to="loc_star_LoansAndOtherLendingInvestments_8e63d47b-1f6a-ce35-e7cb-c4b11b5b345b" xlink:type="arc" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2013/elts/us-gaap-2013-01-31.xsd#us-gaap_OtherInvestments" xlink:label="loc_us-gaap_OtherInvestments_87a08f5e-9656-11e2-88e7-12313d1a0274" xlink:type="locator" />
    <calculationArc order="3" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_star_PortfolioAssets_d86246ff-a427-f402-749e-c4b112364e6c" xlink:to="loc_us-gaap_OtherInvestments_87a08f5e-9656-11e2-88e7-12313d1a0274" xlink:type="arc" />
    <loc xlink:href="star-20140331.xsd#star_CashAndOtherAssets" xlink:label="loc_star_CashAndOtherAssets_e606833c-376e-b1d1-095a-c4b10046950b" xlink:type="locator" />
    <calculationArc order="2" weight="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_0ce13e30-9656-11e2-88e7-12313d1a0274" xlink:to="loc_star_CashAndOtherAssets_e606833c-376e-b1d1-095a-c4b10046950b" xlink:type="arc" />
  </calculationLink>
  <calculationLink xlink:role="http://www.istarfinancial.com/role/SegmentReportingTables" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/StockBasedCompensationPlansAndEmployeeBenefits" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/StockBasedCompensationPlansAndEmployeeBenefits401KPlanDetails" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/StockBasedCompensationPlansAndEmployeeBenefitsDirectorsAwardsDetails" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/StockBasedCompensationPlansAndEmployeeBenefitsStockBasedCompensationDetails" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/SummaryOfSignificantAccountingPolicies" xlink:type="extended" />
  <calculationLink xlink:role="http://www.istarfinancial.com/role/SummaryOfSignificantAccountingPoliciesPolicies" xlink:type="extended" />
</linkbase>
