Safehold extends Star Holdings term loan to 2028, permits $10M buyback; management fee rises to $7.5M

Safehold Inc.

Term loan maturity extended by one year to March 31, 2028; $115M principal outstanding.
$25M incremental facility now allows re-borrowing of repaid amounts.
Star Holdings may repurchase up to $10M of its common shares under new restricted payments basket.
Management fee for April 2026-March 2027 annual term increased from $5M to $7.5M.
Termination fee payable to Safehold Management Services increased from $50M to $55M.

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