secwatch.observer — SEC 8-K summary
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Issuer:     Safehold Inc. (SAFE)
CIK:        0001095651
Form:       8-K
Filed at:   2026-10-02T20:26:41+00:00
Accession:  0001104659-26-113313
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 8.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Safehold amends Star Holdings term loan and management agreements; loan maturity extended to 2029
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- Third Amendment extends the Star Holdings term loan maturity to March 31, 2029, with an option to extend to September 30, 2029; rate rises to 9.00% during extension.
- Star Holdings paid Safehold a $2.4 million maturity extension fee; outstanding term loan principal was $115.0 million as of September 29, 2026.
- Term loan amendment permits up to $50.0M prepayments plus restricted cash and blocks new margin loan borrowings; share repurchases up to $10.0M after $40.0M paydown.
- Management Agreement amendment sets minimum quarterly fees of $1.25 million and $625,000 for the 2027-28 and 2028-29 annual terms.
- Termination fee payable to Safehold Management Services rises to $62.5 million from $55.0 million; no-cause termination fee period extended to March 31, 2029.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1095651/000110465926113313/0001104659-26-113313-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1095651/000110465926113313/tm2626635d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-113313

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