Safehold Inc Stock Price, News & Analysis

Safehold Inc. (NYSE: SAFE) has announced the closure of a ground lease agreement for The Benjamin, a new 364-unit multifamily development project in the Boston metropolitan area. This marks Safehold's first collaboration with The Michaels Organization, a prominent national multifamily investor and developer. The deal reinforces Safehold's growing presence in the multifamily sector, where it currently maintains over 85 assets across major U.S. markets.

As the pioneer of the modern ground lease industry since 2017, Safehold specializes in providing innovative real estate ownership solutions that help property owners maximize value and generate higher returns with reduced risk. The company operates as a Real Estate Investment Trust (REIT) and focuses on high-quality properties across various sectors including multifamily, office, industrial, hospitality, and life science.

Safehold (NYSE: SAFE) has scheduled its first quarter 2025 financial results release for Tuesday, May 6, 2025, after market close. The company will host an earnings conference call on Wednesday, May 7, 2025, at 9:00 a.m. ET.

Investors can access the live broadcast through Safehold's website at www.safeholdinc.com. For direct participation, domestic callers can dial 888.506.0062, while international participants should use 973.528.0011 (Access Code: 101208). A replay will be available until May 21, 2025.

Safehold is a REIT that has transformed real estate ownership since 2017 by pioneering the modern ground lease industry. The company helps property owners of high-quality multifamily, office, industrial, hospitality, student housing, life science, and mixed-use properties achieve higher returns with reduced risk.

Star Holdings (NASDAQ: STHO) has announced two major developments: a $10 million share repurchase program and successful debt extensions. The Board authorized share buybacks through open market or private transactions, subject to market conditions. The company secured several amendments to its financing arrangements, including:

- Extension of Term Loan Credit Agreement maturity to March 31, 2028, with current balance of $115.0 million
- Management fee increase from $5.0M to $7.5M for 2026-2027 period
- Margin Loan Facility extension to March 31, 2028 with $15.8M additional funding availability
- Increase in Termination Fee to $55.0M

Star Holdings' portfolio includes interests in Asbury Park Waterfront, Magnolia Green residential developments, and Safehold Inc. (NYSE: SAFE) shares.

Safehold Inc. (NYSE: SAFE) has announced its Q1 2025 common stock dividend declaration. The company will pay $0.177 per share for the first quarter, equivalent to an annualized rate of $0.708 per share. The dividend will be paid on April 15, 2025 to shareholders of record as of March 31, 2025.

Safehold, established in 2017, operates as a Real Estate Investment Trust (REIT) specializing in modern ground lease industry. The company focuses on helping owners of various high-quality properties, including multifamily, office, industrial, hospitality, student housing, life science, and mixed-use properties, to achieve higher returns with reduced risk through innovative real estate ownership solutions.

Star Holdings (NASDAQ: STHO) has reported its financial results for Q4 and FY2024. The company recorded a net loss of $102.6 million in Q4 and $86.8 million for the full year, with losses per share of $7.70 and $6.51 respectively. These results were significantly impacted by a non-cash mark-to-market adjustment related to their investment in approximately 13.5 million SAFE shares, resulting in a $104.8 million loss in Q4 and $66.5 million for the year.

During Q4, the company completed the sale of a California property for $21.5 million, generating a net profit of $12.3 million. The company provided the buyer with a $17.75 million short-term financing loan. Star Holdings' portfolio includes interests in the Asbury Park Waterfront, Magnolia Green residential development projects, and other commercial real estate properties.

Safehold Inc. (NYSE: SAFE) reported its Q4 and FY 2024 results, with Q4 revenue of $91.9 million and FY revenue of $365.7 million. The company achieved Q4 net income of $26.0 million and FY net income of $105.8 million attributable to common shareholders. Key 2024 highlights include $225 million in new originations, comprising ten ground leases ($193 million) and one leasehold loan ($32 million), bringing the total portfolio to $6.8 billion.

The company received credit rating upgrades, securing an A- from Fitch Ratings and BBB+ with Positive Outlook from S&P Global Ratings. Safehold issued $700 million in long-term unsecured notes and secured a $2.0 billion unsecured revolving credit facility. The Board authorized a new $50 million share repurchase program, which can be executed through various methods at the company's discretion.

Safehold Inc. (NYSE: SAFE) has announced its upcoming fourth quarter and fiscal year 2024 earnings release, scheduled for after market close on Wednesday, February 5, 2025. The company will host an earnings conference call on Thursday, February 6, 2025, at 9:00 a.m. ET.

The conference call will be accessible through Safehold's website and via dial-in numbers (888.506.0062 domestic, 973.528.0011 international, Access Code: 242780). A replay will be available through February 20, 2025, via the company's website or by calling 877.481.4010 (domestic) or 919.882.2331 (international) with Access Code: 51963.

Safehold, established in 2017, specializes in modern ground lease solutions for various property types including multifamily, office, industrial, hospitality, student housing, life science, and mixed-use properties.