---
schema_version: "secwatch.filing_event.v1"
accession: "0001095651-24-000014"
form_type: "8-K"
ticker: "SAFE"
cik: "0001095651"
company_name: "Safehold Inc."
filed_at: "2024-05-06T23:59:59+00:00"
generated_at: "2026-06-02T21:41:55.892201+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Safehold reports $9,062M estimated UCA; Feb 2022 Caret unit investors exercise redemption

## Summary
- Estimated UCA in owned residual portfolio as of March 31, 2024: $9,062M (Combined Property Value $15,236M, Ground Lease Cost $6,174M).
- Feb 2022 Caret unit investors exercised redemption right in April 2024, redeeming units at original purchase price less distributions.
- Company owns 83.1% of outstanding Caret units; officer/employee holdings represent 14.5% of outstanding and 11.6% of authorized.
- CBRE provides independent valuations using cap rates from 3.35% (multifamily) to 9.50% (office) and stabilized occupancy assumptions.

## SEC filing metadata
- accession: 0001095651-24-000014
- form_type: 8-K
- ticker: SAFE
- cik: 0001095651
- company_name: Safehold Inc.
- filed_at: 2024-05-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1095651/000109565124000014/0001095651-24-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1095651/000109565124000014/safe-20240506x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001095651-24-000014
- JSON: https://secwatch.observer/filing/0001095651-24-000014.json
- Plain text: https://secwatch.observer/filing/0001095651-24-000014.txt

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