Welcome to our dedicated page for Safehold news (Ticker: SAFE), a resource for investors and traders seeking the latest updates and insights on Safehold stock.
Safehold Inc. (NYSE: SAFE) is pioneering the evolution of real estate ownership through the innovative use of ground leases. Established in 2017, Safehold has become the leader in the modern ground lease sector, helping property owners unlock the value of the land beneath their buildings. By acquiring, managing, and capitalizing ground leases, Safehold delivers a new avenue for property owners to generate higher returns with reduced risk.
Ground leases are long-term contracts where the landlord, Safehold, leases the land to tenants who own the buildings on it. This unique business model focuses on high-quality properties across multifamily, office, industrial, hospitality, student housing, life science, and mixed-use sectors. Safehold's diverse portfolio spans major metropolitan markets, ensuring a robust and balanced investment strategy.
As a Real Estate Investment Trust (REIT), Safehold is dedicated to providing safe, growing income and long-term capital appreciation to its shareholders. The company's innovative approach allows property owners to optimize their capital structure, freeing up equity that can be reinvested into their core business operations.
Despite a challenging economic environment, 2023 was a transformational year for Safehold. The company reported solid earnings and completed multiple capital raises, enhancing its liquidity and flexibility. Jay Sugarman, Chairman and CEO, expressed optimism about the future, emphasizing Safehold's strong position to serve its customers and expand the ground lease market.
Recent partnerships and projects highlight Safehold’s growing influence. In June 2024, the company closed a ground lease to support the development of The Orion, a 166-unit senior affordable community in Orange, California. This project, led by USA Properties Fund, reflects Safehold's commitment to fostering high-quality, sustainable developments.
Safehold continues to excel in financial performance, demonstrating resilience through market volatility. The company consistently delivers value to its shareholders through dividends and strategic investments. Safehold’s innovative business model and strategic market positioning ensure its continued growth and leadership in the real estate sector.
For further information, visit Safehold's website or tune into their quarterly earnings calls, which offer detailed insights into the company’s operations and financial health.
Safehold Inc. (NYSE: SAFE) reported a strong second quarter for 2021, achieving $44.2 million in revenue and $14.7 million in net income, equating to earnings per share of $0.28. The company made $222 million in new ground lease investments and saw $374 million in UCA growth. Safehold also initiated a $400 million initial unsecured bond offering and launched a new product, Ground Lease Plus, targeting pre-development opportunities. The company is poised for continued growth with a robust pipeline and ample liquidity.
Safehold Inc. (NYSE: SAFE) has announced it will release its financial results for Q2 2021 on July 22, 2021, before market open. The earnings conference call will take place at 10:00 a.m. ET, accessible via Safehold's website. The Company aims to revolutionize real estate ownership through innovative ground leases, enhancing returns with reduced risk for property owners. As a REIT, it is focused on delivering growing income and long-term capital appreciation to shareholders. Further details can be found on their website.
iStar Inc. (NYSE: STAR) is set to release its Q2 2021 financial results on August 3, 2021, before market opening. A conference call will follow at 10:00 a.m. ET for discussion on results and operations, accessible via the company’s website. Additionally, iStar focuses on enhancing the ground lease sector, leveraging its position as the main shareholder of Safehold Inc. (NYSE: SAFE). With over $40 billion in transactions over two decades, iStar aims to optimize opportunities in the $7 trillion commercial real estate market.
iStar Inc. (NYSE: STAR) has announced plans to explore market interest for potential sales of its net lease assets, engaging Eastdil Secured as an advisor. The company's net lease portfolio encompasses 19 million square feet of office, entertainment, and industrial properties nationwide. There is no guarantee on the sale of these assets or their terms. iStar aims to enhance the ground lease sector and has executed over $40 billion in transactions in the last 20 years, focusing on modernizing ground leases within the $7 trillion institutional commercial real estate market.
iStar Inc. (NYSE: STAR) announced a significant upgrade in its credit ratings by Fitch Ratings. The corporate credit rating rose from BB- to BB, while the senior secured debt rating improved from BB+ to BBB-, and the unsecured debt rating elevated from BB to BB+. The preferred stock rating also increased from B to B-, with a stable rating outlook. iStar focuses on transforming the ground lease sector, contributing to the $7 trillion institutional commercial real estate market, and has completed over $40 billion in transactions in 20 years.
Safehold Inc. (NYSE: SAFE) announced that Jason Fooks, Senior Vice President of Investor Relations & Marketing, will present at the Sidoti Virtual Investor Conference on June 23, 2021, at 8:30 am ET. The presentation will be broadcast live, and interested individuals can access it via Safehold’s website in the ‘Investors’ section.
Safehold is innovating real estate ownership through modern ground leases, enabling property owners to unlock land value and generate higher returns. The company, taxed as a REIT, aims to provide safe, growing income and capital appreciation for shareholders.
Safehold Inc. (NYSE: SAFE) announced that Jay Sugarman, Chairman and CEO, will participate in a panel at the Morgan Stanley U.S. Financials, Payments & CRE Conference on June 16, 2021, at 2:45 PM ET. The event will be broadcast live, and interested parties can access the broadcast link and investor presentation on Safehold's website in the “Investors” section. Safehold revolutionizes real estate ownership through modern ground leases, aiming to provide safe, growing income and long-term capital appreciation for shareholders.
Safehold Inc. (NYSE: SAFE) has declared a common stock dividend of $0.17 per share for Q2 2021, with an annualized rate of $0.68 per share. The dividend will be payable on July 15, 2021 to shareholders on record as of June 30, 2021. This dividend reflects the company's commitment to generating safe and growing income for its shareholders while positioning itself as a leader in the modern ground lease industry. Safehold provides innovative real estate ownership solutions, aiming to enhance returns and reduce risks for property owners.
iStar Inc. (NYSE: STAR) announced that CEO Jay Sugarman will present at the Nareit REITweek: 2021 Investor Conference on June 9, 2021, at 2:30 pm ET. The presentation will be broadcast live on Nareit's website.
iStar focuses on modernizing the ground lease sector, providing efficient solutions for real estate owners. As the founder and largest shareholder of Safehold Inc. (NYSE: SAFE), iStar is expanding modern ground leases in the $7 trillion commercial real estate market. The firm has completed over $40 billion in transactions in two decades, recognized for its innovation in real estate.
Safehold Inc. (NYSE: SAFE) has announced that Chairman and CEO Jay Sugarman will present at Nareit’s REITweek: 2021 Investor Conference on June 9, 2021, at 1:45 PM ET. The presentation will be live-streamed and available for access via Nareit’s website.
Safehold is transforming real estate ownership by allowing property owners to unlock land value through the modern ground lease industry. As a REIT, it focuses on delivering growing income and long-term capital appreciation for shareholders, managing high-quality properties across multiple sectors.
FAQ
What is the current stock price of Safehold (SAFE)?
What is the market cap of Safehold (SAFE)?
What is Safehold Inc.?
What are ground leases?
How does Safehold benefit its shareholders?
What sectors does Safehold operate in?
What was a significant project for Safehold in 2024?
How did Safehold perform financially in 2023?
What is Safehold's strategic focus?
How can I access Safehold's financial results?
Who is the Chairman and CEO of Safehold?