Safehold and iStar Close Merger and Complete Spin-Off of iStar’s Legacy Assets to iStar Stockholders

NEW YORK, March 31, 2023 /PRNewswire/ — Safehold Inc. (NYSE: SAFE) today closed on the previously announced merger of iStar Inc. (“iStar”) and Safehold Inc. (“Original Safe”).  The merger represents the culmination of the companies’ multi-year strategy to grow the innovative ground lease ecosystem.  Following the closing, the combined company (“SAFE”) will operate under the name Safehold Inc. and its common stock […]

Safehold Declares First Quarter 2023 Common Stock Dividend

NEW YORK, March 20, 2023 /PRNewswire/ — Safehold Inc. (NYSE: SAFE) announced today that the Company’s Board of Directors has declared common stock dividends of $0.177 per share for the first quarter of 2023. The dividend represents an annualized rate of $0.708 per share and is payable on or after March 30, 2023 to holders […]

iStar Stockholders And Safehold Stockholders Approve Merger

NEW YORK, March 9, 2023 /PRNewswire/ — iStar Inc. (“STAR”) (NYSE: STAR) and Safehold Inc. (“SAFE”) (NYSE: SAFE) today announced that STAR stockholders and SAFE stockholders have each voted, separately, to approve the proposed merger between STAR and SAFE at their respective special meetings of stockholders held virtually today, March 9, 2023. At the STAR special meeting of stockholders, the STAR stockholders […]

Safehold Reports Fourth Quarter And Fiscal Year 2022 Results

NEW YORK, Feb. 14, 2023 /PRNewswire/ — Safehold Inc. (NYSE: SAFE) reported results for the fourth quarter and fiscal year ended December 31, 2022. SAFE published a presentation detailing these results which can be found on its website, in the “Investor Relations” section. Highlights from the earnings announcement include: “After another strong year of earnings and portfolio growth, Safehold is well […]

Safehold Sets Fourth Quarter And Fiscal Year 2022 Earnings Release And Webcast

NEW YORK, Feb. 2, 2023 /PRNewswire/ — Safehold Inc. (NYSE: SAFE) announced today that it will release its financial results for the fourth quarter and fiscal year 2022 on Tuesday, February 14, 2023, 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 […]

Fitch Ratings Revises Safeholds Outlook From Stable To Positive

NEW YORK, Feb. 1, 2023 /PRNewswire/ — Safehold Inc. (NYSE: SAFE) announced today that Fitch Ratings has affirmed Safehold’s unsecured corporate credit rating at BBB+ and has revised the rating outlook from Stable to Positive. “We are pleased with the recognition of the strong credit characteristics of the business as we continue to scale our ground lease platform […]

Safehold Announces Tax Treatment Of 2022 Dividends

NEW YORK, Jan. 17, 2023 /PRNewswire/ — Safehold Inc. (NYSE: SAFE) announced the tax treatment of its 2022 common stock dividends. NYSE: SAFECUSIP: 78649D-104 RecordDate PaymentDate Distributionper Share OrdinaryIncome Capital GainDistribution UnrecapturedSection 1250 Gain 1/3/22 1/14/22 $0.1700 $0.0000 $0.1700 $0.0000 3/31/22 4/15/22 $0.1700 $0.0000 $0.1700 $0.0000 6/30/22 7/15/22 $0.1770 $0.0000 $0.1770 $0.0000 9/30/22 10/14/22 $0.1770 $0.0000 $0.1770 $0.0000 Section […]

Safehold Announces New $500 Million Unsecured Revolving Credit Facility

NEW YORK, Jan. 9, 2023 /PRNewswire/ — Safehold Inc. (NYSE: SAFE), the creator of the modern ground lease industry, announced today that it has closed a new $500 million unsecured revolving credit facility. The new facility has a current borrowing rate of adjusted SOFR plus 100 basis points, with a maturity of July 31, 2025. Safehold has also amended its existing $1.35 billion revolving […]