other material
confidence high
sentiment neutral
materiality 0.55
Safehold reports estimated UCA of $9,128M in owned residual portfolio as of Dec 31, 2024
Safehold Inc.
- Estimated Unrealized Capital Appreciation (UCA) of $9,128M as of Dec 31, 2024, based on Combined Property Value of $15,523M and Ground Lease Cost of $6,395M.
- CBRE provided independent valuations using sales comparison and income capitalization approaches for hotel, office, multi-family, life science and other property types.
- As of Dec 31, 2024, Safehold owns 84.3% of outstanding Caret units; 122,500 Caret units remain held by third-party investors.
- In April 2024, investors from Feb 2022 Caret unit sale exercised redemption rights; units redeemed at original purchase price less distributions.
- UCA estimate is subject to limitations including tenant rights, long lease terms, and reliance on tenant-supplied information; may not reflect realized value.