Safety, Income & Growth Declares Fourth Quarter 2018 Common Stock Dividend
NEW YORK–(BUSINESS WIRE)– Safety, Income & Growth Inc. (NYSE:SAFE) announced today that the Company’s Board of Directors has declared common stock dividends of $0.15 per share for the fourth quarter of 2018. The dividend represents an annualized rate of $0.60 per share and is payable on January 15, 2019 to holders of record on December […]
Safety, Income & Growth Enters Nashville Market
NEW YORK–(BUSINESS WIRE)– Safety, Income & Growth Inc. (NYSE:SAFE), the leading company focused on ground leases, announced it has originated a new ground lease on a recently-built 275-unit Class A mid-rise multifamily building in the Music Row submarket of Nashville, as SAFE continues to expand its offerings across top cities in the U.S. This press […]
Safety, Income & Growth Originates $150 Million Ground Lease In Washington, D.C. On Trophy Asset
NEW YORK–(BUSINESS WIRE)– Safety, Income & Growth Inc. (NYSE:SAFE), the leading company focused on ground leases, announced it has originated a new $150 million ground lease, the largest single asset lease in its portfolio, on a trophy office building located on Pennsylvania Avenue in Washington, D.C. SAFE’s customer utilized the ground lease to help capitalize […]
Safety, Income & Growth Closes $79 Million Non-Recourse Senior Secured Term Loan
NEW YORK–(BUSINESS WIRE)– Safety, Income & Growth Inc. (NYSE:SAFE), the leading company focused on ground leases, announced today that it has closed on a new $79 million non-recourse senior secured term loan with a life insurance company. The loan matures in 2028. The innovative term loan structure was custom-tailored to meet the unique features of […]
Safety, Income & Growth Reports Third Quarter 2018 Results
NEW YORK–(BUSINESS WIRE)– Safety, Income & Growth Inc. (NYSE:SAFE) today reported results for the third quarter ended September 30, 2018. Highlights for the quarter include: “Our focus, now more than ever, is concentrated on building scale. We increased investment volume, hired new talent to expand our offering geographically, added a new bank to our revolving […]
Safety, Income & Growth Sets Third Quarter 2018 Earnings Release And Webcast
NEW YORK–(BUSINESS WIRE)– Safety, Income & Growth Inc. (NYSE: SAFE) announced today that it will release its financial results for the third quarter 2018 on Thursday, October 25, 2018, prior to market open. The Company will host an earnings conference call reviewing these results and its operations beginning at 10:00 a.m. ET. This conference call […]
Tye Palonen Joins Safety, Income & Growth As Senior Vice President To Expand West Coast Ground Lease Originations
NEW YORK–(BUSINESS WIRE)– Safety, Income & Growth Inc. (NYSE:SAFE), the leading company focused on ground leases, announced today that Tye Palonen has joined as Senior Vice President to focus on expanding ground lease investments in the West Coast. “As we continue to grow our ground lease platform across the country we have brought on Tye […]
REIT.COM: Reinventing The Ground Lease Concept
CEO Jay Sugarman To Participate In The 2018 Barclays Global Financial Services Conference
NEW YORK–( BUSINESS WIRE )–Jay Sugarman, Chairman and Chief Executive Officer of iStar (NYSE: STAR) and Safety, Income & Growth (NYSE: SAFE), will present at the 2018 Barclays Global Financial Services Conference in New York, NY on Thursday, September 13, 2018 at 11:15 am ET. Mr. Sugarman’s remarks will be broadcast live over the internet and can […]
Safety, Income& Growth Declares Third Quarter 2018 Common Stock Dividend
NEW YORK–(BUSINESS WIRE)– Safety, Income & Growth Inc. (NYSE: SAFE) announced today that the Company’s Board of Directors has declared common stock dividends of $0.15 per share for the third quarter of 2018. The dividend represents an annualized rate of $0.60 per share and is payable on October 15, 2018 to holders of record on […]
