Safehold Closes $195 Million Waikiki Ground Lease And Launches Safe X Swap Program
NEW YORK–(BUSINESS WIRE)–Sep. 25, 2019– Safehold Inc. (NYSE: SAFE) announced it has closed on the previously announced purchase of the existing ground lease under the Alohilani Resort in Waikiki Beach for $195 million. Concurrent with the closing of the acquisition, Safehold completed an agreement with the owner of the hotel leasehold to convert the existing ground lease into a new […]
Safehold Declares Third Quarter 2019 Common Stock Dividend
NEW YORK–(BUSINESS WIRE)–Sep. 23, 2019– Safehold Inc. (NYSE: SAFE) announced today that the Company’s Board of Directors has declared common stock dividends of $0.156 per share for the third quarter of 2019. The dividend represents an annualized rate of $0.624 per share and is payable on October 15, 2019 to holders of record on October 3, 2019. About Safehold: Safehold Inc. (NYSE: SAFE) is revolutionizing […]
Safehold To Originate New $275 Million Ground Lease At 195 Broadway In New York City
NEW YORK–(BUSINESS WIRE)–Sep. 10, 2019– Safehold Inc. (NYSE: SAFE) announced it has entered into a definitive agreement to create a new $275 million Safehold™ ground lease at 195 Broadway in New York City. The transaction is expected to close in the fourth quarter of 2019, and is subject to customary closing conditions. “Including 195 Broadway, Safehold has announced four deals in the New […]
Safehold Signs Agreement For $195 Million Ground Lease
Finalizes Joint Venture to Acquire 425 Park Avenue NEW YORK–(BUSINESS WIRE)–Sep. 9, 2019– Safehold Inc. (NYSE: SAFE) announced that it has entered into a definitive purchase agreement to acquire the existing ground lease under the Alohilani Resort in Waikiki Beach for $195 million, representing its first investment in Hawaii. Separately, the Company has also finalized a 55/45 joint venture agreement with […]
Safehold To Present At Barclays Global Financial Services Conference
NEW YORK–(BUSINESS WIRE)–Sep. 6, 2019– Safehold Inc. (NYSE: SAFE) announced today that Jay Sugarman, Chairman and Chief Executive Officer, will present at the Barclays Global Financial Services Conference in New York, NY on Monday, September 9, 2019 at 12:00pm ET. Safehold’s remarks will broadcast live and can be accessed by all interested parties through Safehold’s website, www.safeholdinc.com, in the “Investors” section. For those who are not […]
Safehold Announces Pricing Of Public Offering And Concurrent Private Placement
NEW YORK–(BUSINESS WIRE)–Aug. 7, 2019– Safehold Inc. (NYSE: SAFE) announced today that it has priced an underwritten public offering of 3,000,000 shares of its common stock for total gross proceeds of approximately $84 million. In connection with the offering, the Company has granted the underwriters in the offering a 30-day option to purchase up to an additional 450,000 […]
Safehold Announces Public Offering And Concurrent Private Placement
NEW YORK–(BUSINESS WIRE)–Aug. 6, 2019– Safehold Inc. (NYSE: SAFE) announced today that it has commenced an underwritten public offering to sell 3,000,000 shares of its common stock. The Company intends to grant the underwriters in the offering a 30-day option to purchase up to an additional 450,000 shares of its common stock. Concurrently with the completion of […]
Safehold Closes $140 Million Of Ground Lease Investments And Signs Agreements For $660 Million Of Additional Ground Leases
NEW YORK–(BUSINESS WIRE)–Aug. 5, 2019– Safehold Inc. (NYSE: SAFE) reported that it has closed on two previously announced Safehold™ ground leases underlying office buildings in New York, NY and Austin, TX totaling approximately $140 million, bringing the aggregate portfolio to $1.3 billion. In addition, the Company has recently signed contracts for another two ground leases totaling nearly $660 million. The largest of these relate […]
Safehold Reports Second Quarter 2019 Results
Increases Full-Year Investment Target to $1B from $750M NEW YORK–(BUSINESS WIRE)–Jul. 26, 2019– Safehold Inc. (NYSE:SAFE) reported results for the second quarter 2019. Highlights for the quarter include: “We have increased our 2019 investment target by 33%, reflecting increased deal flow and expected investment levels during the second half of the year,” said Jay Sugarman, Chairman and Chief Executive Officer. “Our […]
REIT.COM: iStar Is “All-In” On Reinventing The Ground Lease Business
Safehold Sets Second Quarter 2019 Earnings Release And Webcast
NEW YORK–(BUSINESS WIRE)–Jun. 27, 2019– Safehold Inc. (NYSE:SAFE) announced today that it will release its financial results for the second quarter 2019 on Friday, July 26, 2019, 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 can be accessed by all interested […]
Safehold Increases Quarterly Common Stock Dividend By 4%
NEW YORK–(BUSINESS WIRE)–Jun. 11, 2019– Safehold Inc. (NYSE:SAFE) announced that the Company’s Board of Directors has declared common stock dividends of $0.156 per share for the second quarter of 2019, an increase of 4%. The dividend represents an annualized rate of $0.624 per share and is payable on July 15, 2019 to holders of record on June 28, 2019. About Safehold: Safehold Inc. (NYSE: SAFE) […]
