---
schema_version: "secwatch.filing_event.v1"
accession: "0001095651-25-000021"
form_type: "8-K"
ticker: "SAFE"
cik: "0001095651"
company_name: "Safehold Inc."
filed_at: "2025-08-05T23:59:59+00:00"
generated_at: "2026-05-17T20:24:21.754714+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Safehold Q2 GAAP EPS $0.39 vs $0.42 YoY; revenue up 4% to $93.8M; portfolio GBV $6.9B

## Summary
- Q2 GAAP net income $27.9M ($0.39 EPS) down 6% YoY; adjusted EPS $0.39 vs $0.41.
- Revenue $93.8M (+4% YoY); provision for credit losses $2.4M vs $0.6M last year.
- New originations: $123M ground leases (4 deals) and $97M leasehold loans (3 deals); economic yield 7.2%.
- Portfolio GBV $6.9B, estimated UCA $9.1B; remaining $400M for JV with sovereign wealth fund.
- No corporate debt maturities until 2027; liquidity $1.2B (cash + credit facility).

## SEC filing metadata
- accession: 0001095651-25-000021
- form_type: 8-K
- ticker: SAFE
- cik: 0001095651
- company_name: Safehold Inc.
- filed_at: 2025-08-05T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1095651/000109565125000021/0001095651-25-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1095651/000109565125000021/safe-20250805x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001095651-25-000021
- JSON: https://secwatch.observer/filing/0001095651-25-000021.json
- Plain text: https://secwatch.observer/filing/0001095651-25-000021.txt

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