secwatch.observer — SEC 8-K summary
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Issuer:     Safehold Inc. (SAFE)
CIK:        0001095651
Form:       8-K
Filed at:   2025-08-05T23:59:59+00:00
Accession:  0001095651-25-000022
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Safehold reports estimated UCA of $9.056B in residual portfolio as of June 30, 2025
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- Combined Property Value $15.577B; Ground Lease Cost $6.521B; UCA $9.056B.
- CBRE valuations use hypothetical fee simple value, ignoring ground lease; cap rates range 4.25%-11%.
- UCA is non-GAAP; subject to limitations including tenant purchase options and rolling valuations.
- Company owns 84.3% of outstanding Caret units; 128,871 units remain available for awards.
- UCA estimate intended to support dividend growth objective; no YoY comparison provided.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1095651/000109565125000022/0001095651-25-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1095651/000109565125000022/safe-20250805x8k.htm
  HTML page:      https://secwatch.observer/filing/0001095651-25-000022

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