Safehold Announces Upsizing And Pricing Of Public Offering And Concurrent Private Placement
NEW YORK, March 2, 2022 /PRNewswire/ — Safehold Inc. (NYSE: SAFE) (the “Company”) announced today that it has priced an underwritten public offering of 2,000,000 shares of its common stock at a public offering price of $59.00 per share for total gross proceeds of $118.0 million. The public offering was upsized from the previously announced 1,750,000 shares of common stock. In connection […]
Safehold Announces Public Offering And Concurrent Private Placement
NEW YORK, March 2, 2022 /PRNewswire/ — Safehold Inc. (NYSE: SAFE) (the “Company”) announced today that it has commenced an underwritten public offering to sell 1,750,000 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 262,500 shares of its common stock. Morgan Stanley, BofA Securities, Goldman Sachs & […]
Safehold Executes Private Sale Of Caret Units At a Valuation Of $1.75 Billion
NEW YORK, Feb. 15, 2022 /PRNewswire/ — Safehold Inc. (NYSE: SAFE), the creator and leader of the modern ground lease industry, announced that it has closed on the sale of 108,571 Caret Units and received a binding commitment for the purchase of 28,571 Caret Units for $24.0 million. Those 137,143 Caret Units equal 1.37% of the authorized Caret Units in Caret […]
Safehold Reports Fourth Quarter And Fiscal Year 2021 Results
NEW YORK, Feb. 15, 2022 /PRNewswire/ — Safehold Inc. (NYSE: SAFE) reported results for the fourth quarter and fiscal year ended December 31, 2021. SAFE published a presentation detailing these results which can be found on its website, www.safeholdinc.com in the “Investor Relations” section. Highlights from the earnings announcement include: “With strong earnings, increased investment guidance and the initial sale of Caret […]
Safehold Closes Third Ground Lease In Phoenix Area For 54 Million
NEW YORK, Feb. 11, 2022 /PRNewswire/ — Safehold Inc. (NYSE: SAFE), the creator and leader of the modern ground lease industry, announced the closing of its third ground lease in the Phoenix MSA for $54 million. The Safehold™ ground lease facilitates the acquisition of Rise on Apache, a Class A student housing property near Arizona State University in Downtown Tempe. The transaction closed in December […]
Safehold Sets Fourth Quarter And Fiscal Year 2021 Earnings Release And Webcast
NEW YORK, Feb. 11, 2022 /PRNewswire/ — Safehold Inc. (NYSE: SAFE) announced today that it will release its financial results for the fourth quarter and fiscal year 2021 on Tuesday, February 15, 2022, 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 will be […]
Safehold Closes Fourth Ground Lease In Nashville Area To Capitalize 128.4 Million Multifamily Development
NEW YORK, Feb. 10, 2022 /PRNewswire/ — Safehold Inc. (NYSE: SAFE), the creator and leader of the modern ground lease industry, provided a ground lease to capitalize the $128.4 million development of Prima at Paseo South Gulch, a Class A multifamily project in Downtown Nashville. This is the fourth ground lease closed in the Nashville MSA. “This is another successful example of […]
Safehold Names Brett Asnas As Chief Financial Officer
NEW YORK, Feb. 7, 2022 /PRNewswire/ — Safehold Inc. (NYSE: SAFE) announced today that Brett Asnas has been promoted to the role of Chief Financial Officer at iStar Inc. (NYSE: STAR), Safehold’s founder, largest shareholder and external manager. He has also been appointed as Safehold’s Chief Financial Officer. Mr. Asnas has been with iStar for over 12 years, most recently in […]
Safehold Names Theresa Ulyatt As Chief People Officer
NEW YORK, Feb. 7, 2022 /PRNewswire/ — Safehold Inc. (NYSE: SAFE) announced today that Theresa Ulyatt has been promoted to the role of Chief People Officer at iStar Inc. (NYSE: STAR), Safehold’s founder, largest shareholder and external manager, and will report to President and Chief Investment Officer Marcos Alvarado. In her newly created position, she will lead talent acquisition and management, performance management, employee engagement, diversity, […]
