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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 capture 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 30 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

Customers throughout the United States are leveraging Safehold's modern ground lease capital solution to gain a leg up on the competition.

$3.6B

Ground Leases

Who we are

Our People

Jay Sugarman

Chairman & Chief Executive Officer

Marcos Alvarado

President & Chief Investment Officer

Douglas B. Heitner

Chief Legal Officer

Elisha Blechner

Executive Vice President, Head of Portfolio Management

Tim Doherty

Executive Vice President, Head of Investments

Brett Asnas

Executive Vice President, Head of Capital Markets

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

East Coast

Co-Head of Investments
tdoherty@istar.com
212.930.9433

Southeast

NorthWest

SOUTHWEST

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Head of Investments
tdoherty@istar.com
212.930.9433
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