Locations

Southeast

Co-Head of Investments
tdoherty@istar.com
212.930.9433
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Contact

our

mission

A New Era of Ground Leases

Safehold’s mission is to revolutionize real estate ownership by providing a better and more efficient way for owners to unlock the value of the land beneath their buildings.

Our vision

BUILDING A BETTER FUTURE WITH BETTER CAPITAL

We identified a widespread market inefficiency and set out in 2017 to redefine how real estate is owned. Our diversified expertise enabled us to create a customer-friendly, value-enhancing ground lease platform for the first time ever.
HOW WE DO IT

A New Approach To Real Estate Ownership

We’ve carefully constructed a ground lease capital solution that prioritizes the business objectives of our customers, unlocking higher cash-on-cash returns and overall IRRs relative to fee simple ownership. With our unique capital solution, building owners targeting a 15% ROE are no longer saddled with owning the underlying land at a 5% ROE.

MINIMIZE RISK AND GIVE CUSTOMERS A CAPITAL ADVANTAGE

Safehold™ ground leases are designed to be leasehold lender friendly while not impacting future cap rates. Modernized for today’s real estate and finance markets, Safehold™ ground leases help customers build, buy, sell and recapitalize all types of commercial properties within the top 25 MSAs of the United States.
WHERE WE COME FROM

A CULTURE OF INNOVATION

Safehold’s founder, investment manager and largest shareholder, iStar Inc., has completed over $40 billion of transactions during its 25-year history by identifying market inefficiencies and building large-scale businesses to address them.

A pioneer of mezzanine capital in real estate and at the forefront of identifying the mispricing of net leases, iStar is now applying its extensive resources and network to building a multi-billion dollar Safehold ground lease business.
where we are

Our Platform

We target the top 25 MSAs in the United States with national coverage broken down by five regions: East Coast, West Coast, Southeast, Midwest, and Texas

$1.1B

*

Ground Leases

*Aggregate gross book value of portfolio
Who we are

Our People

Jay Sugarman

Chairman & Chief Executive Officer

Nina B. Matis

Vice Chairman

Marcos Alvarado

President & Chief Investment Officer

Douglas B. Heitner

Chief Legal Officer

Elisha Blechner

Executive Vice President, Co-Head of Investments

Tim Doherty

Executive Vice President, Co-Head of Investments

Jay Sugarman

Chairman & Chief Executive Officer

Nina B. Matis

Vice Chairman

Marcos Alvarado

President & Chief Investment Officer

Douglas B. Heitner

Chief Legal Officer

Elisha Blechner

Executive Vice President, Co-Head of Investments

Tim Doherty

Executive Vice President, Co-Head of Investments

Jay Sugarman

Chairman & Chief Executive Officer

Stefan M. Selig

Lead Director

Robin Josephs

   

Dean S. Adler

   

Jay S. Nydick

   

Jay Sugarman

Chairman & Chief Executive Officer

Stefan M. Selig

Lead Director

Robin Josephs

Dean S. Adler

Jay S. Nydick