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.
Safehold Inc. (NYSE: SAFE) reported a strong third quarter 2020, achieving revenue of $38 million, marking a 70% year-over-year increase. The company reported net income of $14.2 million, up 159% from the previous year, with earnings per share rising by 84% to $0.28. Safehold received 100% of its ground rent and made $105 million in new investments, with over $200 million of signed letters of intent (LOIs). Post-quarter, the company enhanced its revolving credit facility by $32.5 million.
Safehold Inc. (NYSE: SAFE) will announce its financial results for Q3 2020 on October 22, 2020, before market open. An earnings call will take place at 10:00 a.m. ET, accessible via the company’s website or by calling 844.291.6362 (U.S.) or 234.720.6995 (international). Safehold specializes in modern ground lease capital solutions, aimed at maximizing land value for property owners in key U.S. markets, across diverse sectors such as multifamily, office, and industrial.
iStar Inc. (NYSE: STAR) announced that its CEO, Jay Sugarman, will present at the Barclays Global Financial Services Conference on September 14, 2020, at 12:00 pm ET. The presentation will be accessible via iStar's website in the 'Investors' section, with a replay available shortly after for those unable to attend live.
iStar focuses on reinventing the ground lease sector, enhancing value for real estate owners across the U.S., and has completed over $40 billion in transactions in the last two decades.