secwatch / observer

Safehold Inc. — fact timeline

Source-grounded facts extracted from Safehold Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

SAFE Safehold Inc. JSON
Shareholder Votes

Safehold Inc. shareholders approved Non-Binding, Advisory Vote to Approve Executive Compensation (Say-on-Pay Vote) at the 2026-05-14 meeting.

“Proposal 4. Non-Binding, Advisory Vote to Approve Executive Compensation (“Say-on-Pay”): At the Annual Meeting, the votes on a proposal to approve, on a non-binding, advisory basis, the compensation of SAFE’s named executive officers were as set out below. The proposal was approved. For Against Abstentions Broker Non-Votes 52,785,014 4,626,664 63,699 4,547,881”
Shareholder Votes

Safehold Inc. shareholders approved Approval of the Amendment to the Safehold Inc. Amended and Restated 2009 Long-Term Incentive Plan at the 2026-05-14 meeting.

“Proposal 3. Approval of the Amendment to the Safehold Inc. Amended and Restated 2009 Long-Term Incentive Plan: At the Annual Meeting, the votes on a proposal to approve an amendment to the Safehold Inc. Amended and Restated 2009 Long-Term Incentive Plan were as set out below. The proposal was approved. For Against Abstentions Broker Non-Votes 51,930,524 5,442,192 102,661 4,547,881”
Shareholder Votes

Safehold Inc. shareholders approved Ratification of the Appointment of Deloitte & Touche LLP as the Company’s Independent Registered Public Accounting Firm for the Fiscal Year Ending December 31, 2026 at the 2026-05-14 meeting.

“Proposal 2. Ratification of the Appointment of Deloitte & Touche LLP as the Company’s Independent Registered Public Accounting Firm for the Fiscal Year Ending December 31, 2026: At the Annual Meeting, the votes on a proposal to ratify the selection of Deloitte & Touche LLP as SAFE’s independent registered public accounting firm for the fiscal year ending December 31, 2026 were as set out below. The proposal was approved. For Against Abstentions Broker Non-Votes 61,679,849 317,557 25,852 0”
Shareholder Votes

Safehold Inc. shareholders approved Election of five directors to hold office until the 2027 Annual Meeting of Stockholders at the 2026-05-14 meeting.

“Proposal 1. Election of Directors: At the Annual Meeting, five directors were elected for terms continuing until the 2027 Annual Meeting of Stockholders. For each nominee, the numbers of votes cast for, votes withheld and broker non-votes were as follows: Name of Nominees For Withheld Broker Non-Votes Jay Sugarman 56,481,188 994,189 4,547,881 Robin Josephs 56,149,600 1,325,777 4,547,881 Jay S. Nydick 53,186,084 4,289,293 4,547,881 Barry Ridings 55,452,455 2,022,922 4,547,881 Stefan M. Selig 54,679,981 2,795,396 4,547,881”
Earnings Releases

Safehold Inc. reported first quarter 2026 results: revenue $110.9 million, net income $28.9 million, EPS $0.40.

“⎯ Q1‘26 revenue was $110.9 million ⎯ Q1‘26 net income attributable to common shareholders was $28.9 million ⎯ Q1‘26 earnings per share was $0. 40”
Material Agreements

Safehold Inc. amended Second Amendment to the RCF Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent, and the various lenders and financial institutions party thereto (effective 2025-12-05).

“On December 5, 2025, Safehold GL Holdings LLC (the “Borrower”) and Safehold Inc. (the “Company”) entered into a Second Amendment to the RCF Credit Agreement (as defined below) with JPMorgan Chase Bank, N.A., as administrative agent, and the various lenders and financial institutions party thereto (the “Second Amendment”).”
Material Agreements

Safehold Inc. entered into Term Loan Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent, and certain other financial institutions party thereto valued at $400,000,000 (effective 2025-11-25).

“On November 25, 2025 (the “Closing Date”), Safehold GL Holdings LLC (the “Borrower”) entered into an unsecured term loan A agreement with JPMorgan Chase Bank, N.A., as administrative agent, and certain other financial institutions party thereto (the “Term Loan Credit Agreement”).”
Debt Financings

Safehold Inc. incurred term loan of $400,000,000 with JPMorgan Chase Bank, N.A., as administrative agent, and certain other financial institutions party thereto at SOFR term rate plus an applicable rate ranging from 0.850% to 1.650% maturing November 15, 2030.

“the payment and performance of the obligations of the Borrower under the Term Loan Credit Agreement as and when due and payable. The Term Loan Credit Agreement provides for $400,000,000 of term loans (the “Term Loans”) for working capital and general corporate purposes with a maturity date of November 15, 2030, which includes two one-year extension options. The”

Christopher Uhlick was appointed as Chief Accounting Officer at Safehold Inc..

“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.”

Jesse Hom departed as Director at Safehold Inc..

“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”).”
Shareholder Votes

Safehold Inc. shareholders approved Approval of the Amendment to the Safehold Inc. Amended and Restated 2009 Long-Term Incentive Plan at the 2024-05-15 meeting.

“Proposal 3. Approval of the Amendment to the Safehold Inc. Amended and Restated 2009 Long-Term Incentive Plan: At the Annual Meeting, the votes on a proposal to approve an amendment to the Safehold Inc. Amended and Restated 2009 Long-Term Incentive Plan were as set out below. The proposal was approved. For Against Abstentions Broker Non-Votes 59,827,609 2,214,169 84,868 4,562,106”
Shareholder Votes

Safehold Inc. shareholders approved Ratification of the Appointment of Deloitte & Touche LLP as the Company's Independent Registered Public Accounting Firm for the Fiscal Year Ending December 31, 2024 at the 2024-05-15 meeting.

“Proposal 2. Ratification of the Appointment of Deloitte & Touche LLP as the Company's Independent Registered Public Accounting Firm for the Fiscal Year Ending December 31, 2024: At the Annual Meeting, the votes on a proposal to ratify the selection of Deloitte & Touche LLP as SAFE's independent registered public accounting firm for the fiscal year ending December 31, 2024 were as set out below. The proposal was approved. For Against Abstentions Broker Non-Votes 65,426,737 1,242,060 19,955 0”
Shareholder Votes

Safehold Inc. shareholders approved Election of Directors at the 2024-05-15 meeting.

“Proposal 1. Election of Directors: At the Annual Meeting, six directors were elected for terms continuing until the 2025 Annual Meeting of Stockholders. For each nominee, the numbers of votes cast for, votes withheld and broker non-votes were as follows: Name of Nominees For Withheld Broker Non-Votes Jay Sugarman 61,004,395 1,122,251 4,562,106 Jesse Hom 53,659,239 8,467,407 4,562,106 Robin Josephs 60,578,278 1,548,368 4,562,106 Jay S. Nydick 61,817,198 309,448 4,562,106 Barry Ridings 52,933,514 9,193,132 4,562,106 Stefan M. Selig 57,674,178 4,452,468 4,562,106”
Earnings Releases

Safehold Inc. reported the first quarter 2024 results: revenue $93.2 million, net income $30.7 million, EPS $0.43.

“Highlights from the earnings announcement include: 3⁄4 Q1‘24 revenue was $93.2 million 3⁄4 Q1‘24 net income attributable to common shareholders was $30.7 million 3⁄4 Q1‘24 earnings per share was $0.43 3⁄4 Closed new $2.0 billion unsecured revolving credit facility, replacing previous $1.85 billion aggregate facilities and lowering facility cost 3⁄4 Issued $300 million of 10-year unsecured notes at a 6.1% coupon.”
Debt Financings

Safehold Inc. incurred revolving credit of $2 billion with JPMorgan Chase Bank, N.A., as administrative agent, and certain other financial institutions at adjusted SOFR term rate plus an applicable rate ranging from 0.800% to 1.450% de maturing May 1, 2029, which includes two six-month extension options.

“On April 12, 2024, Safehold GL Holdings LLC (the “Borrower”) entered into an unsecured revolving loan agreement with JPMorgan Chase Bank, N.A., as administrative agent, and certain other financial institutions party thereto (the “New Credit Agreement”). Pursuant to the New Credit Agreement, Safehold Inc. (the “Company”) gave a guaranty pursuant to which it has absolutely and unconditionally guaranteed the payment and performance of the obligations of the Borrower under the New Credit Agreement as and when due and payable. The New Credit Agreement provides for $2 billion of revolving loan commitments available for working capital and general corporate purposes with a maturity date of May 1, 2029, which includes two six-month extension options. The New Credit Agreement also includes an accordion feature to increase the revolving commitments or add one or more tranches of term loans up to an aggregate amount of $500 million, subject to obtaining lender commitments and the satisfaction of”
Material Agreements

Safehold Inc. terminated 2021 Agreement and 2023 Agreement with JPMorgan Chase Bank, N.A., as administrative agent, and certain other financial institutions valued at Termination of $916 million outstanding under 2021 Agreement and $0 outstanding under 2023 Agreement (effective 2024-04-12).

“On April 12, 2024, in connection with the Borrower’s entry into the unsecured revolving loan facility pursuant to the New Credit Agreement, the Borrower terminated and repaid in full, using proceeds from the New Credit Agreement as well as cash on hand, the outstanding facilities under (x) that certain Credit Agreement (the “2021 Agreement”), dated as of March 31, 2021, by and among the Borrower, the Company, JPMorgan Chase Bank, N.A. as administrative agent, and certain other financial institutions party thereto and (y) that certain Credit Agreement, dated as of January 9, 2023 (the “2023 Agreement”), by and among the Borrower, the Company, JPMorgan Chase Bank, N.A., as administrative agent, and certain other financial institutions party thereto.”
Material Agreements

Safehold Inc. entered into New Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent, and certain other financial institutions valued at $2,000,000,000 revolving loan commitments (effective 2024-04-12).

“On April 12, 2024, Safehold GL Holdings LLC (the “Borrower”) entered into an unsecured revolving loan agreement with JPMorgan Chase Bank, N.A., as administrative agent, and certain other financial institutions party thereto (the “New Credit Agreement”).”
Debt Financings

Safehold Inc. incurred senior notes of $300,000,000 at 6.100% per annum maturing April 1, 2034.

“On March 4, 2024, Safehold GL Holdings LLC (the “Issuer”), a Delaware limited liability company and subsidiary of Safehold Inc. (the “Guarantor” or the “Company”), completed an underwritten public offering of $300,000,000 aggregate principal amount of its 6.100% Senior Notes due 2034 (the “Notes”).”
Earnings Releases

Safehold Inc. reported the fiscal year ended December 31, 2023 results: revenue $352.6 million, net income ($55.0) million, EPS ($0.82).

“3⁄4 Q4‘23 revenue was $103.0 million, and FY‘23 was $352.6 million 3⁄4 Q4‘23 net income attributable to common shareholders was $41.2 million, or $25.5 million excluding non-recurring gains, and FY’23 net income attributable to common shareholders was ($55.0) million, or $96.8 million excluding merger and Caret related costs and non-recurring gains 3⁄4 Q4‘23 earnings per share was $0.58, or $0.36 excluding non-recurring gains, and FY’23 earnings per share was ($0.82), or $1.45 excluding merger and Caret related costs and non-recurring gains”
Earnings Releases

Safehold Inc. reported the fourth quarter ended December 31, 2023 results: revenue $103.0 million, net income $41.2 million, EPS $0.58.

“3⁄4 Q4‘23 revenue was $103.0 million, and FY‘23 was $352.6 million 3⁄4 Q4‘23 net income attributable to common shareholders was $41.2 million, or $25.5 million excluding non-recurring gains, and FY’23 net income attributable to common shareholders was ($55.0) million, or $96.8 million excluding merger and Caret related costs and non-recurring gains 3⁄4 Q4‘23 earnings per share was $0.58, or $0.36 excluding non-recurring gains, and FY’23 earnings per share was ($0.82), or $1.45 excluding merger and Caret related costs and non-recurring gains”

Marcos Alvarado resigned as President, Chief Investment Officer and Director at Safehold Inc..

“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.”

Brett Asnas changed role as Chief Financial Officer at Safehold Inc..

“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.”

Garett Rosenblum resigned as Chief Accounting Officer at Safehold Inc..

“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.”
Earnings Releases

Safehold Inc. reported the quarter ended September 30, 2023 results: revenue $85.6 million, net income ($123.0) million, EPS ($1.81).

“these results which can be found on its website, www.safeholdinc.com in the “Investors” section. Highlights from the earnings announcement include: 3⁄4 Q3‘23 revenue was $85.6 million 3⁄4 Q3‘23 net income attributable to common shareholders was ($123.0) million which includes a ($145.4) million non-cash full impairment of Goodwill related to the merger, or”
Material Agreements

Safehold Inc. entered into Underwriting Agreement with BofA Securities, Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC, as representatives of the several underwriters valued at 6,500,000 shares of the Company’s common stock ... at a public offering price of $21.40 per share (effective 2023-08-07).

“On August 7, 2023, Safehold Inc. (the “Company”) and Safehold GL Holdings LLC entered into an underwriting agreement (the “Underwriting Agreement”) with BofA Securities, Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC, as representatives of the several underwriters named therein (the “Underwriters”), pursuant to which the Company agreed to sell, and the Underwriters agreed to purchase, subject to the terms and conditions set forth therein, 6,500,000 shares of the Company’s common stock, par value $0.01 per share (“Common Stock”) at a public offering price of $21.40 per share”
Earnings Releases

Safehold Inc. reported the second quarter 2023 results: revenue $85.7 million, net income $22.1 million, EPS $0.35.

“these results which can be found on its website, www.safeholdinc.com in the “Investors” section. Highlights from the earnings announcement include: 3⁄4 Q2‘23 revenue was $85.7 million 3⁄4 Q2‘23 net income attributable to common shareholders was $22.1 million, or $22.6 million excluding merger and Caret related costs 1 3⁄4 Q2‘23 earnings per share was $0.35 3⁄4”
Shareholder Votes

Safehold Inc. shareholders approved Non-Binding, Advisory Vote to Approve the Frequency of Future Say-on-Pay Votes at the 2023-06-20 meeting.

“Every Year Every Two Years Every Three Years Abstentions Broker Non-Votes 50,617,026 23,200 1,092,165 23,207 2,932,872”
Shareholder Votes

Safehold Inc. shareholders approved Non-Binding, Advisory Vote to Approve Executive Compensation ("Say-on-Pay") at the 2023-06-20 meeting.

“For Against Abstentions Broker Non-Votes 50,620,296 1,102,470 32,832 2,932,872”
Shareholder Votes

Safehold Inc. shareholders approved Approval of Amendments to the Safehold Inc. Amended and Restated 2009 Long-Term Incentive Plan at the 2023-06-20 meeting.

“For Against Abstentions Broker Non-Votes 48,915,445 2,783,337 56,816 2,932,872”
Shareholder Votes

Safehold Inc. shareholders approved Ratification of the Appointment of Deloitte & Touche LLP as the Company’s Independent Registered Public Accounting Firm for the Fiscal Year Ending December 31, 2023 at the 2023-06-20 meeting.

“For Against Abstentions Broker Non-Votes 54,438,657 241,008 8,805 0”
Shareholder Votes

Safehold Inc. shareholders approved Election of seven directors at the 2023-06-20 meeting.

“For each nominee, the numbers of votes cast for, votes withheld and broker non-votes were as follows: Name of Nominees For Withheld Broker Non-Votes Jay Sugarman 50,551,973 1,203,625 2,932,872 Marcos Alvarado 51,635,569 120,029 2,932,872 Jesse Hom 48,448,723 3,306,875 2,932,872 Robin Josephs 50,551,745 1,203,853 2,932,872 Jay S. Nydick 51,578,671 176,927 2,932,872 Barry Ridings 51,574,057 181,541 2,932,872 Stefan M. Selig 51,612,622 142,976 2,932,872”
Earnings Releases

Safehold Inc. reported Q1'23 results: revenue $78.3 million, net income $26.3 million, EPS $0.41.

“Highlights from the earnings announcement include: 3⁄4 Q1‘23 revenue was $78.3 million 3⁄4 Q1‘23 net income attributable to common shareholders was $4.7 million, or $26.3 million excluding merger and Caret related costs 2 3⁄4 Q1‘23 earnings per share was $0.07, or $0.41 excluding merger and Caret related costs 2 3⁄4 Closed merger with iStar, internalizing Safehold’s management structure and adding MSD Partners as major shareholder and Caret investor 1 On March 31, 2023, Safehold Inc.”
Governance Changes

Safehold Inc.: Adopted new code of ethics and business conduct (effective 2023-03-31).

“On March 31, 2023, the Board adopted a new code of ethics and business conduct that applies to the Company’s directors, officers and employees, copies of which are available on the Company’s website at www.safeholdinc.com.”
Governance Changes

Safehold Inc.: Amended and restated bylaws to update proxy rules, remote meetings, board size, and other governance provisions.

“the Company amended and restated its bylaws (the “New SAFE Bylaws”), effective as of the Merger Effective Time. The New SAFE Bylaws are similar to the prior bylaws of iStar Inc. in all material respects, except that the New SAFE Bylaws address the universal proxy rules adopted by the SEC, add clarifications for remote meetings of stockholders and modernize language about the size of the board of directors.”
Governance Changes

Safehold Inc.: Amended and restated charter to eliminate supermajority voting requirements.

“the Company amended and restated its restated charter (the “New SAFE Charter”), effective as of the Merger Effective Time. The New SAFE Charter is similar to Old SAFE’s charter in all material respects, except that certain supermajority voting requirements have been eliminated.”
Governance Changes

Safehold Inc.: Amended charter to effect reverse stock split and change par value of common stock.

“the restated charter of the Company (then known as iStar Inc.) was amended to effect the Reverse Stock Split (the “Reverse Split Charter Amendment”). Immediately after the Reverse Stock Split, the charter was further amended to change the par value of each issued and outstanding share of STAR Common Stock to $0.01 per share of common stock (the “Par Value Charter Amendment”).”
M&A Transactions

Safehold Inc. completed a disposition involving SpinCo (iStar Inc. shareholders) (closed 2023-03-31).

“Immediately prior to the closing of the Merger, the Company (then known as iStar Inc.) completed the Spin-Off.”
M&A Transactions

Safehold Inc. underwent a change of control involving Old SAFE (Safehold Inc.) (closed 2023-03-31).

“On March 31, 2023, the Company and Old SAFE, completed the Merger.”

Marcos Alvarado was appointed as director at Safehold Inc..

“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.”

Stefan Selig was appointed as director at Safehold Inc..

“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.”

Jay Nydick was appointed as director at Safehold Inc..

“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.”

Jesse Hom was appointed as director at Safehold Inc..

“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.”

David Eisenberg departed as director at Safehold Inc..

“each of Clifford De Souza, Richard Lieb and David Eisenberg were not designated as directors of the Company.”

Richard Lieb departed as director at Safehold Inc..

“each of Clifford De Souza, Richard Lieb and David Eisenberg were not designated as directors of the Company.”

Clifford De Souza departed as director at Safehold Inc..

“each of Clifford De Souza, Richard Lieb and David Eisenberg were not designated as directors of the Company.”
Shareholder Votes

Safehold Inc. shareholders approved Advisory vote on executive compensation related to merger at the 2023-03-09 meeting.

“3. Proposal to approve, on a non-binding advisory basis, certain compensation that STAR's named executive officers may receive in connection with the merger (the “STAR non-binding advisory compensation proposal”). The results of the vote were as follows: Votes For Votes Against Votes Abstained Broker Non-Votes 45,879,526 25,962,160 142,619 —”
Shareholder Votes

Safehold Inc. shareholders approved Approve issuance of shares in connection with merger at the 2023-03-09 meeting.

“2. Proposal to approve the issuance of shares of common stock, par value $0.01 per share, of New SAFE in connection with the merger (the “STAR stock issuance proposal”). The results of the vote were as follows: Votes For Votes Against Votes Abstained Broker Non-Votes 71,490,393 384,777 109,135 —”
Shareholder Votes

Safehold Inc. shareholders approved Approve merger of Safehold Inc. with iStar Inc. at the 2023-03-09 meeting.

“1. Proposal to approve the merger of Safehold Inc., a Maryland corporation (“SAFE”), with and into STAR, with STAR continuing as the surviving corporation and operating under the name “Safehold Inc.” (“New SAFE”), as contemplated by the merger agreement entered into by and between STAR and SAFE on August 10, 2022 (the “STAR merger proposal”). The results of the vote were as follows: Votes For Votes Against Votes Abstained Broker Non-Votes 71,509,658 361,183 113,464 —”
Earnings Releases

Safehold Inc. reported the fiscal year ended December 31, 2022 results: net income $397.8 million, EPS $4.92 per diluted common share.

“and $397.8 million or $4.92 per diluted common share for FY '22”
Earnings Releases

Safehold Inc. reported the fourth quarter ended December 31, 2022 results: net income ($86.7) million, EPS ($1.00) per diluted common share.

“Net income (loss) of ($86.7) million or ($1.00) per diluted common share in Q4 '22,”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.