---
schema_version: "secwatch.filing_event.v1"
accession: "0001095651-23-000006"
form_type: "8-K"
ticker: "SAFE"
cik: "0001095651"
company_name: "Safehold Inc."
filed_at: "2023-10-31T23:59:59+00:00"
generated_at: "2026-06-09T04:08:05.788614+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Safehold reports Q3 net loss of $123M on $85.6M revenue; includes $145.4M goodwill impairment

## Summary
- GAAP EPS of ($1.81) includes ($2.14) non-cash goodwill impairment charge related to merger.
- Adjusted net income of $22.5M and adjusted EPS of $0.33, excluding impairment and merger costs.
- Closed $53M in new originations; total portfolio reaches $6.4B. Raised $152M equity with MSD participation.
- Received credit rating upgrade to A3 from Moody's; liquidity of $850M available.

## SEC filing metadata
- accession: 0001095651-23-000006
- form_type: 8-K
- ticker: SAFE
- cik: 0001095651
- company_name: Safehold Inc.
- filed_at: 2023-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1095651/000109565123000006/0001095651-23-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1095651/000109565123000006/safe-20231031x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001095651-23-000006
- JSON: https://secwatch.observer/filing/0001095651-23-000006.json
- Plain text: https://secwatch.observer/filing/0001095651-23-000006.txt

## Key facts
- Earnings Releases
  Safehold Inc. reported the quarter ended September 30, 2023 results: revenue $85.6 million, net income ($123.0) million, EPS ($1.81).
  - Period: the quarter ended September 30, 2023
  - Revenue: $85.6 million
  - Net income: ($123.0) million
  - EPS: ($1.81)
  - Result: reported results
  source text: these results which can be found on its website, www.safeholdinc.com in the “Investors” section. Highlights from the earnings announcement include: 3⁄4 Q3‘23 revenue was $85.6 million 3⁄4 Q3‘23 net income attributable to common shareholders was ($123.0) million which includes a ($145.4) million non-cash full impairment of Goodwill related to the merger, or
  evidence_url: https://www.sec.gov/Archives/edgar/data/1095651/000109565123000006/0001095651-23-000006-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.