other material
confidence high
sentiment neutral
materiality 0.60
Safehold reports $9.1B unrealized capital appreciation in residual portfolio as of June 30, 2024
Safehold Inc.
- Estimated UCA in owned residual portfolio: $9,085M; Combined Property Value: $15,318M; Ground Lease Cost: $6,233M.
- In April 2024, all investors from February 2022 Caret unit sale exercised redemption option, redeeming 137,142 units.
- As of June 30, 2024, Safehold owns 84.3% of outstanding Caret units; 259,642 Caret units sold to third-party investors.
- Vested and unvested Caret units held by officers/employees represent 14.4% of outstanding and 11.4% of authorized.