Highest-materiality recent filing
Issued $225M aggregate principal of senior unsecured notes due August 1, 2056; all-in coupon 6.615%.
Safehold forms JV with Brookfield affiliate on $348M ground lease portfolio
Safehold contributes ground lease portfolio generating $14M annual cash ground rent to JV with Brookfield affiliate.
Shareholders approve LTIP amendment adding 3M shares; annual meeting results reported
Shareholders approved amendment to 2009 LTIP increasing shares available by 3,000,000 to 3,481,936.
Safehold Q1 revenue $110.9M (+13% YoY); EPS $0.40 down 2% YoY
Revenue $110.9M (+13% YoY); GAAP net income $28.9M (-2% YoY); EPS $0.40.
Estimated UCA of $9,510M on Combined Property Value of $16,247M and Ground Lease Cost of $6,737M.
Safehold files new shelf registration statement and resale prospectus for 10.35M shares
Filed new automatic shelf registration on Form S-3ASR to replace prior registration; prior terminated upon effectiveness March 25, 2026.
Safehold Q4 adjusted EPS $0.42, revenue $97.9M; names Michael Trachtenberg President
Q4 GAAP EPS $0.39, adjusted EPS $0.42 (ex $2.2M debt extinguishment loss); revenue $97.9M (+7% YoY).
Safehold reports $9.3B unrealized capital appreciation in residual portfolio as of Dec 31, 2025
Combined Property Value $15,947M, Ground Lease Cost $6,675M, Unrealized Capital Appreciation $9,272M.
Safehold amends RCF credit agreement to align financial covenants with recent term loan A facility
Second Amendment to RCF Credit Agreement dated Dec 5, 2025 conforms financial covenants to those in Nov 25 term loan A.
Safehold appoints Michael Trachtenberg as President, effective Dec 1, 2025
Annual base salary of $500,000; target bonus opportunity of $1,500,000.
Safehold closes $400M unsecured term loan, repays revolver and secured debt
$400M unsecured term loan closed Nov 25, 2025; maturity Nov 15, 2030 with two 1-year extension options.
Safehold Q3 2025 net income $29.3M, EPS $0.41; revenue $96.2M, up 6% YoY
GAAP net income $29.3M ($0.41 EPS), up 51% YoY; adjusted EPS $0.41 up 12% YoY.
Safehold reports $9,069M UCA in residual portfolio as of Sep 30, 2025
Estimated unrealized capital appreciation (UCA) in owned residual portfolio: $9,069M as of Sep 30, 2025.
Safehold Q2 GAAP EPS $0.39 vs $0.42 YoY; revenue up 4% to $93.8M; portfolio GBV $6.9B
Q2 GAAP net income $27.9M ($0.39 EPS) down 6% YoY; adjusted EPS $0.39 vs $0.41.
Safehold reports estimated UCA of $9.056B in residual portfolio as of June 30, 2025
Combined Property Value $15.577B; Ground Lease Cost $6.521B; UCA $9.056B.
Safehold appoints Christopher Uhlick as Chief Accounting Officer effective July 7
Christopher Uhlick, 37, named CAO; succeeds Brett Asnas who remains CFO.
Safehold annual meeting elects directors, ratifies auditor, approves say-on-pay
All five director nominees elected; Jay Sugarman received 55,979,835 votes for (96.4% of cast votes).
Safehold Q1 GAAP EPS $0.41 down 5% YoY; adjusted EPS $0.44 up 1%
Q1 2025 revenue $97.7M, up 5% YoY; GAAP net income $29.4M ($0.41/sh) vs $30.7M ($0.43/sh).
Safehold reports estimated UCA in owned residual portfolio of $8.854B as of March 31, 2025
Estimated UCA of $8.854B; Combined Property Value of $15.252B and Ground Lease Cost of $6.398B.
Term loan maturity extended by one year to March 31, 2028; $115M principal outstanding.
Director Jesse Hom to depart Safehold board; board reduced to 5
Jesse Hom notified Board he will not seek re-election at 2025 Annual Meeting.
Safehold Q4 GAAP net income $26M ($0.36 EPS); FY adjusted EPS $1.57, up 8% YoY
Q4 GAAP net income $26.0M ($0.36 EPS) vs $41.2M ($0.58) YoY; adjusted EPS $0.36 flat as prior year included hedge gain.
Safehold reports estimated UCA of $9,128M in owned residual portfolio as of Dec 31, 2024
Estimated Unrealized Capital Appreciation (UCA) of $9,128M as of Dec 31, 2024, based on Combined Property Value of $15,523M and Ground Lease Cost of $6,395M.
Safehold prices $400M 5.650% senior notes due 2035; effective yield ~5.09% after $22M hedge gain
Issued $400M aggregate principal of 5.650% Senior Notes due Jan 15, 2035 at 98.812% of par.
Safehold Q3 revenue $90.7M, adjusted EPS $0.37, new originations $104M
Q3 GAAP EPS $0.27; adjusted EPS $0.37 (ex. $6.8M prior-period credit loss provision).
Estimated UCA of $9,141M; Combined Property Value $15.5B vs. Ground Lease Cost $6.4B as of Sep 30, 2024.
Safehold Q2 revenue up 5% to $89.9M, EPS $0.42 (+20% YoY), new $2B revolver
Q2 revenue $89.9M (+5% YoY); net income $29.7M (+34%); diluted EPS $0.42 (+20%).
Safehold reports $9.1B unrealized capital appreciation in residual portfolio as of June 30, 2024
Estimated UCA in owned residual portfolio: $9,085M; Combined Property Value: $15,318M; Ground Lease Cost: $6,233M.
Safehold establishes $750M commercial paper note program via operating company
Safehold GL Holdings LLC may issue up to $750M of unsecured short-term notes, guaranteed by Safehold Inc.
Safehold shareholders approve LTIP amendment increasing share pool by 1M shares
Shareholders elected six directors; each received >52.9M votes for.
Safehold Q1 revenue $93.2M, EPS $0.43; new $2B revolver, $300M notes issued
Q1 revenue $93.2M (+19% YoY); GAAP net income $30.7M vs $4.7M; diluted EPS $0.43 vs $0.07.
Safehold reports $9,062M estimated UCA; Feb 2022 Caret unit investors exercise redemption
Estimated UCA in owned residual portfolio as of March 31, 2024: $9,062M (Combined Property Value $15,236M, Ground Lease Cost $6,174M).
Safehold closes $2.0B unsecured revolver, replacing $1.85B facilities; 5 bps rate savings
New $2.0B unsecured revolving credit facility replaces prior aggregate $1.85B facilities.
Safehold GL Holdings LLC issued $300M of 6.100% senior notes due 2034, guaranteed by Safehold Inc.
Safehold Q4 revenue $103M, FY net loss $55M; iStar merger closed, credit upgraded to A3
Q4 2023 revenue $103.0M; FY 2023 revenue $352.6M.
UCA of $9,827M on combined property value of $16,001M and ground lease cost of $6,174M as of Dec 31, 2023.
Safehold President & CIO Alvarado resigns; Doherty named CIO, Wylder Head of Investments
Marcos Alvarado resigns as President, CIO and Board member effective Jan 26, 2024, to join a private investment firm.
Safehold CAO Garett Rosenblum resigns; CFO Brett Asnas to assume principal accounting officer role
Garett Rosenblum, Chief Accounting Officer, resigns effective December 31, 2023 to pursue other opportunities.
Safehold board sets annual Say-on-Pay votes following shareholder advisory preference
Board determined Say-on-Pay votes will be conducted every year, matching shareholder preference expressed at June 2023 annual meeting.
Safehold reports Q3 net loss of $123M on $85.6M revenue; includes $145.4M goodwill impairment
GAAP EPS of ($1.81) includes ($2.14) non-cash goodwill impairment charge related to merger.
Safehold reports estimated UCA of $10.0B in owned residual portfolio as of Sept 30, 2023
Estimated UCA of $10,016M; Combined Property Value $16,154M, Ground Lease cost $6,138M.
Safehold amends Star Holdings term loan; consents to margin loan floor price cut to $10
Term loan outstanding balance $115M; $25M incremental facility remains unused but now available for margin loan prepayment replenishment.
Safehold prices public offering of 6.5M shares at $21.40, raises ~$145.5M net
Public offering of 6,500,000 shares of common stock at $21.40 per share; underwriters have 30-day option for additional 975,000 shares.
Safehold reports Q2 2023 revenue $85.7M, net income $22.1M, EPS $0.35
Revenue $85.7M; net income attributable to common shareholders $22.1M ($0.35 EPS).
Combined Property Value $16,267M; Ground Lease Cost $6,119M; UCA $10,148M.
Safehold shareholders approve LTIP amendments; increase share pool by 192,000
Shareholders approved increasing LTIP share pool by 192,000 to 459,094 total shares.
Safehold Q1 revenue $78.3M, adj. EPS $0.41; closed iStar merger, $500M credit line
Revenue of $78.3M; net income to common $4.7M ($0.07 EPS); adj. net income $26.3M ($0.41 EPS) excl. merger/Caret costs.
Estimated UCA of $10,026M (Combined Property Value $16,034M less Ground Lease Cost $6,008M).
Safehold registers ~9.65M shares for resale by selling stockholders
Filed two prospectus supplements covering resale of 5,405,406 and 4,248,435 common shares by selling stockholders.
Primary Sales Agreement allows Safehold to sell up to $300M of common stock through agents; net proceeds to Portfolio Holdings for general corporate purposes.
On June 4, 2025, Safehold Inc. (the “Company”) appointed Christopher Uhlick, as Chief Accounting Officer of the Company effective July 7, 2025 (the “Effective Date”), succeeding Brett Asnas as principal accounting officer of the Company.
On March 20, 2025, Jesse Hom notified the Board of Directors (the “Board”) of Safehold Inc. (the “Company”) that he does not intend to seek re-election as a director of the Board at the Company’s 2025 annual meeting of stockholders (the “2025 Annual Meeting”).
Marcos Alvarado, the President, Chief Investment Officer and a Director of Safehold Inc. (the “Company”) informed the Company of his decision to resign from his positions, effective January 26, 2024 to pursue another professional opportunity at a private investment firm.
Garett Rosenblum, the Chief Accounting Officer of Safehold Inc. (the “Company”) informed the Company of his decision to resign from his position, effective December 31, 2023 to pursue other business opportunities.
Effective as of Mr. Rosenblum’s departure, Brett Asnas, the Company’s Chief Financial Officer, will assume the responsibility of the Company’s principal accounting officer and will directly supervise and manage the Company’s accounting team.
the directors of the Company will consist of a total of seven directors, three of whom were designated by the Company and four of whom were designated by Old SAFE: (i) Jay Sugarman, Robin Josephs and Barry W. Ridings, each a continuing director of the Board, (ii) Jesse Hom, Jay Nydick and Stefan Selig, each a former member of the Old SAFE board of directors, and (iii) Marcos Alvarado, the Company’s President and Chief Investment Officer.
the directors of the Company will consist of a total of seven directors, three of whom were designated by the Company and four of whom were designated by Old SAFE: (i) Jay Sugarman, Robin Josephs and Barry W. Ridings, each a continuing director of the Board, (ii) Jesse Hom, Jay Nydick and Stefan Selig, each a former member of the Old SAFE board of directors, and (iii) Marcos Alvarado, the Company’s President and Chief Investment Officer.
each of Clifford De Souza, Richard Lieb and David Eisenberg were not designated as directors of the Company.
the directors of the Company will consist of a total of seven directors, three of whom were designated by the Company and four of whom were designated by Old SAFE: (i) Jay Sugarman, Robin Josephs and Barry W. Ridings, each a continuing director of the Board, (ii) Jesse Hom, Jay Nydick and Stefan Selig, each a former member of the Old SAFE board of directors, and (iii) Marcos Alvarado, the Company’s President and Chief Investment Officer.
each of Clifford De Souza, Richard Lieb and David Eisenberg were not designated as directors of the Company.
each of Clifford De Souza, Richard Lieb and David Eisenberg were not designated as directors of the Company.
the directors of the Company will consist of a total of seven directors, three of whom were designated by the Company and four of whom were designated by Old SAFE: (i) Jay Sugarman, Robin Josephs and Barry W. Ridings, each a continuing director of the Board, (ii) Jesse Hom, Jay Nydick and Stefan Selig, each a former member of the Old SAFE board of directors, and (iii) Marcos Alvarado, the Company’s President and Chief Investment Officer.
Max materiality 0.80 · Median 0.60 · Most common event other_material