Welcome to our dedicated page for Safehold news (Ticker: SAFE), a resource for investors and traders seeking the latest updates and insights on Safehold stock.
Safehold Inc. (NYSE: SAFE) is a real estate investment trust (REIT) that focuses on modern ground leases, separating land ownership from building operations for commercial properties. This news page aggregates company announcements, earnings updates, financing developments and transaction activity related to Safehold’s ground lease platform.
Readers can find earnings releases and presentations where Safehold reports quarterly results, discusses portfolio performance and provides details on revenue, net income and ground lease originations. The company also uses news releases to share information about its estimates of unrealized capital appreciation (UCA) in its owned residual portfolio and to explain the valuation methodology behind Combined Property Value.
Safehold’s news flow frequently highlights ground lease transactions, including new originations and forward commitments. Recent announcements have focused on ground leases supporting Low-Income Tax Credit affordable housing developments in Los Angeles, the San Fernando Valley and the Woodland Hills area of Los Angeles, reflecting the company’s dedicated Affordable Housing team and platform.
Investors can also follow capital markets and balance sheet updates, such as unsecured term loan agreements, amendments to revolving credit facilities, and commentary on credit ratings from major rating agencies. These items provide insight into Safehold’s long-term, laddered balance sheet and its approach to liquidity and debt structure.
Governance and leadership developments appear here as well, including the appointment of senior executives and related inducement equity awards under stock exchange rules. For anyone tracking SAFE stock, this page offers a centralized view of Safehold’s operational, financial and strategic announcements over time.
Safehold Inc. (NYSE: SAFE) announced a master note purchase agreement for a private placement of $475 million in 3.980% senior notes due February 15, 2052. The notes are priced at the 30-year Treasury rate plus a spread of +180 basis points. Funds can be drawn up to two times by April 18, 2022, subject to customary closing conditions. The proceeds will be used to repay debt and for general corporate purposes, including investments in ground leases. The notes are not registered under the U.S. Securities Act and may not be sold without proper registration.
iStar (NYSE: STAR) has announced the tax treatment for its 2021 dividends, detailing distributions for both common and preferred stock. Shareholders of iStar's common stock received $0.485 per share over four distributions in 2021, while preferred stockholders received $2.00 annually, paid in quarterly installments. Dividend payments are set for March 15, June 15, September 15, and December 15, 2021. The tax characterization identifies ordinary income, return of capital, and capital gains for various payments, providing shareholders with essential tax information.
Safehold Inc. (NYSE: SAFE) has announced its entry into the Chicago market with the recapitalization of 1000 South Clark, a Class A multifamily building. Completed in December 2021, the 29-story structure features 469 units and extensive amenities. This expansion allows JDL Development to secure full ownership while benefiting from lower capital costs through Safehold’s ground lease service. The firm aims to enhance real estate ownership efficiency, paving the way for superior returns and reduced risks for property owners in the Chicago MSA.
Safehold Inc. (NYSE: SAFE) announced the tax treatment of its 2021 common stock dividends. Key details include:
- Record Dates: 1/4/21, 3/31/21, 6/30/21, 9/30/21
- Payment Dates: 1/15/21, 4/15/21, 7/15/21, 10/15/21
- Dividend Distribution: $0.16224 for the first two quarters and $0.17 for the last two quarters, with total ordinary income reported as $0 for all distributions.
This information serves as guidance for shareholders on tax implications for the dividends received in 2021.
Safehold Inc. (NYSE: SAFE) has appointed Jesse Hom to its Board of Directors, effective immediately. Hom brings over 15 years of experience in the commercial real estate sector, focusing on investments and asset management. He is currently the Managing Director and Global Head of Real Estate Credit at GIC, Singapore's sovereign wealth fund. The company aims to provide innovative ground lease solutions to enhance property ownership values, supporting safer and growing returns for shareholders.
Safehold Inc. (NYSE: SAFE) announced an upsized $1.35 billion unsecured revolving credit facility, increasing it by $350 million without altering existing terms. This enhanced credit facility aims to provide flexible capital for customer needs while positioning the company for a strong finish in 2021 and an exciting 2022 ahead. Jay Sugarman, CEO, emphasized the expansion in the context of the company’s ongoing growth strategy. The facility is managed by JPMorgan Chase Bank, with several joint lead arrangers involved.
Safehold Inc. (NYSE: SAFE) declared a dividend of $0.17 per share for Q4 2021, translating to an annualized rate of $0.68. The dividend payment is scheduled for January 14, 2022, to shareholders on record by January 3, 2022. The company, structured as a Real Estate Investment Trust (REIT), focuses on innovative ground lease solutions, helping real estate owners enhance returns with reduced risk.
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Safehold Inc. (NYSE: SAFE) announced that CEO Jay Sugarman will present at the Goldman Sachs U.S. Financial Services Conference on December 8, 2021, at 4:20 PM ET. The presentation will be broadcast live, and interested parties can access the link and accompanying investor presentation through Safehold's website in the "Investors" section. Safehold is transforming real estate ownership with its modern ground lease capital solutions, enabling property owners across the U.S. to optimize returns with reduced risk.
iStar Inc. (NYSE: STAR) announced an adjustment to its 3.125% Convertible Senior Notes due 2022 conversion rate, set to $13.90 per share, effective November 30, 2021. This adjustment follows the common stock cash dividends scheduled for December 15, 2021. Holders of the notes and U.S. Bank National Association have been notified as per the indenture terms. iStar is focused on reinventing the ground lease sector and has completed over $40 billion in transactions, aiming to unlock value for real estate owners.