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. reports recurring developments as a real estate investment trust focused on long-term ground leases and related leasehold financing. Its news centers on quarterly earnings, new ground lease originations, leasehold loans, common stock dividends and portfolio measures such as estimated unrealized capital appreciation tied to residual provisions in its ground lease investments.
Company updates also cover Safehold's activity across multifamily, affordable housing, office, industrial, hospitality, student housing, life science and mixed-use properties. Recent announcements emphasize affordable housing ground leases, Low-Income Housing Tax Credit projects, market expansion and relationships with real estate developers using ground lease capital in project financing.
iStar Inc. (NYSE: STAR) will release its fourth quarter and fiscal year 2020 financial results on February 23, 2021, before market open. The earnings conference call will follow at 10:00 a.m. ET, accessible via iStar's website. The company is focused on revolutionizing the ground lease sector, emphasizing efficiency and modern approaches to real estate ownership. As the largest shareholder of Safehold Inc. (NYSE: SAFE), iStar uses its finance strengths to explore new market opportunities, having completed over $40 billion in transactions in the last 20 years.
Safehold Inc. (NYSE: SAFE) will release its financial results for Q4 and the fiscal year 2020 on February 11, 2021, before market open. An earnings conference call is scheduled for 10:00 a.m. ET, accessible via the company's website or by calling 877.336.4440 (U.S.) or 409.207.6984 (international) with conference ID 6230255. A replay will be available post-call. Safehold, a REIT, is changing real estate ownership through innovative ground lease solutions, aiming to deliver safe, growing income and capital appreciation for shareholders.
Safehold Inc. (NYSE: SAFE) reported the tax treatment of its 2020 common stock dividends. The company distributed dividends quarterly, with amounts per share as follows: $0.1560 on January 15, April 15, and September 15, and $0.16224 on July 15. All distributions are categorized as return of capital, meaning they do not constitute ordinary income for tax purposes. Safehold operates as a real estate investment trust (REIT), focused on modern ground lease capital solutions, aiming to provide safe, growing income and long-term capital appreciation for shareholders.
Safehold Inc. (NYSE: SAFE) announced a common stock dividend of $0.16224 per share for Q4 2020, representing an annualized rate of $0.64896. This dividend is payable on January 15, 2021 to shareholders on record as of January 4, 2021. Safehold continues to innovate real estate ownership through its ground lease capital solution, enabling property owners in major U.S. markets to achieve higher returns with reduced risk. The company operates as a REIT, targeting safe, growing income and long-term capital appreciation for its shareholders.
iStar (NYSE: STAR) will present at the BofA Securities 2020 Leveraged Finance Virtual Conference on December 2, 2020, at 5:15 pm ET. CEO Jay Sugarman will lead the presentation, which can be accessed live through iStar's website. The company specializes in modern ground leases, unlocking value in real estate ownership. As the largest shareholder of Safehold (NYSE: SAFE), iStar has completed over $40 billion in transactions over the last twenty years. Replay of the presentation will be available shortly after the live event.
iStar Inc. (NYSE: STAR) announced an adjustment to its 3.125% Convertible Senior Notes due 2022, altering the conversion price to $14.23 per share from $14.47 following cash dividends payable on December 15, 2020. The adjusted rate allows holders to convert notes into approximately 70.2538 shares of common stock per $1,000 principal amount. This change is effective from November 30, 2020 and aims to reflect the recent dividend payments.
Safehold Inc. (NYSE: SAFE) announced that Chairman and CEO Jay Sugarman will participate in a discussion at Nareit’s REITworld: 2020 Annual Conference on November 19, 2020, at 12:00 PM ET. The presentation will be accessible to registered participants and a replay will be available on the Company’s website. Additionally, Safehold will host an interactive breakout session via Zoom at 12:30 PM ET. Safehold specializes in modern ground lease capital solutions, helping owners of high-quality properties in the U.S. maximize returns while managing risk.
iStar Inc. (NYSE: STAR) announced its fourth-quarter dividends for 2020, declaring $0.11 per share for Common Stock and varying amounts for its Preferred Stocks. The dividends are payable on December 15, 2020, to stockholders on record by December 1, 2020. The Preferred Stock dividends include $0.50 for 8.00% Series D, $0.478125 for 7.65% Series G, and $0.46875 for 7.50% Series I. iStar continues to innovate in the real estate sector, focusing on modern ground leases, and has completed over $40 billion in transactions over two decades.
Safehold Inc. (NYSE: SAFE) has announced the pricing of an underwritten public offering of 800,000 shares at $61.00 per share, totaling approximately $48.8 million. The offering was upsized from an initial 600,000 shares. Additionally, the company will privately sell 1,065,574 shares to iStar Inc. for about $65 million, culminating in total gross proceeds of $113.8 million. The funds will be used for ground lease investments, repaying borrowings under the revolving credit facility, and general business purposes. The offering is set to close on November 13, 2020.
iStar Inc. (NYSE: STAR) reported its Q3 2020 results on November 3, highlighting an unrealized gain of $1.2 billion from its Safehold investment and a commitment to lower-risk asset recycling. The company posted a net loss of ($0.03) per diluted share but reported adjusted earnings of $0.29 per share. iStar emphasizes its strong balance sheet with a debt maturity profile of approximately 4.5 years and aims to leverage its position as the largest shareholder of Safehold (NYSE: SAFE) to enhance intrinsic value in the market.