secwatch.observer — SEC 8-K summary
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Issuer:     Safehold Inc. (SAFE)
CIK:        0001095651
Form:       8-K
Filed at:   2024-02-12T23:59:59+00:00
Accession:  0001095651-24-000006
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Safehold reports estimated unrealized capital appreciation of $9.8B in owned residual portfolio as of Dec 31, 2023
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- UCA of $9,827M on combined property value of $16,001M and ground lease cost of $6,174M as of Dec 31, 2023.
- Valuation performed by CBRE using income and sales comparison approaches; key assumption ranges disclosed by property type.
- Portfolio includes 154 ground leases; values updated every 12-24 months, with initial reports for new acquisitions.
- Certain tenant rights (buy-out options, preemptive rights) may limit or delay realization of UCA upon lease expiry.
- As of Dec 31, 2023, Safehold owned 82.2% of Caret units; officers/employees held 15.4% of vested/unvested Caret units.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1095651/000109565124000006/0001095651-24-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1095651/000109565124000006/safe-20240212x8k.htm
  HTML page:      https://secwatch.observer/filing/0001095651-24-000006

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