other material
confidence high
sentiment neutral
materiality 0.50
Safehold estimates $10.1B unrealized capital appreciation in ground lease portfolio as of June 30, 2023
Safehold Inc.
- Combined Property Value $16,267M; Ground Lease Cost $6,119M; UCA $10,148M.
- 82.2% of Caret units owned by Safehold; 76,801 awarded to execs with $60 share price target.
- Third-party investors purchased 100,000 Caret units for $20M on March 31, 2023.
- Valuation by CBRE, non-GAAP, with no assurance of realization due to tenant rights and long-term leases.