---
schema_version: "secwatch.filing_event.v1"
accession: "0001095651-24-000018"
form_type: "8-K"
ticker: "SAFE"
cik: "0001095651"
company_name: "Safehold Inc."
filed_at: "2024-07-29T23:59:59+00:00"
generated_at: "2026-05-31T15:37:45.625049+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Safehold Q2 revenue up 5% to $89.9M, EPS $0.42 (+20% YoY), new $2B revolver

## Summary
- Q2 revenue $89.9M (+5% YoY); net income $29.7M (+34%); diluted EPS $0.42 (+20%).
- Closed six new ground leases for $98M, growing portfolio to 143 ground leases ($6.5B).
- New $2.0B unsecured revolving credit facility (replaces $1.85B) and $750M commercial paper program established.
- Portfolio metrics: GLTV 48%, rent coverage 3.6x, debt/equity 1.89x; $1.06B liquidity.
- Adjusted EPS excluding merger/Caret costs was $0.41 (+15% YoY); YTD adjusted EPS $0.84.

## SEC filing metadata
- accession: 0001095651-24-000018
- form_type: 8-K
- ticker: SAFE
- cik: 0001095651
- company_name: Safehold Inc.
- filed_at: 2024-07-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1095651/000109565124000018/0001095651-24-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1095651/000109565124000018/safe-20240729x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001095651-24-000018
- JSON: https://secwatch.observer/filing/0001095651-24-000018.json
- Plain text: https://secwatch.observer/filing/0001095651-24-000018.txt

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