Safehold Inc (N:SAFE)

Business Focus: Diversified REITs

Aug 07, 2019 07:40 pm ET
Safehold Announces Pricing of Public Offering and Concurrent Private Placement
Safehold Inc. (NYSE: SAFE) announced today that it has priced an underwritten public offering of 3,000,000 shares of its common stock for total gross proceeds of approximately $84 million. In connection with the offering, the Company has granted the underwriters in the offering a 30-day option to purchase up to an additional 450,000 shares of its common stock. The offering is expected to close on August 12, 2019, and is subject to customary closing conditions.
Aug 06, 2019 05:24 pm ET
Safehold Announces Public Offering and Concurrent Private Placement
Safehold Inc. (NYSE: SAFE) announced today that it has commenced an underwritten public offering to sell 3,000,000 shares of its common stock. The Company intends to grant the underwriters in the offering a 30-day option to purchase up to an additional 450,000 shares of its common stock.
Aug 05, 2019 07:30 am ET
Safehold Closes $140 Million of Ground Lease Investments and Signs Agreements for $660 Million of Additional Ground Leases
Safehold Inc. (NYSE: SAFE) reported that it has closed on two previously announced Safehold™ ground leases underlying office buildings in New York, NY and Austin, TX totaling approximately $140 million, bringing the aggregate portfolio to $1.3 billion.
Aug 02, 2019 04:30 pm ET
iStar Declares Quarterly Common and Preferred Stock Dividends
NEW YORK, Aug. 2, 2019 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced today that the Company's Board of Directors has declared quarterly dividends on the Company's Common Stock and Preferred Stock for the third quarter of 2019. The common dividend is payable on August 30, 2019 to holders of record on August 15, 2019 and dividends for all four series of Preferred Stock are payable on September 16, 2019 to holders of record on September 3, 2019.  ...
Jul 26, 2019 07:30 am ET
Safehold Reports Second Quarter 2019 Results
Safehold Inc. (NYSE:SAFE) reported results for the second quarter 2019.
Jul 01, 2019 04:30 pm ET
iStar Announces the Completion of the Sale of its Preferred Freezer Net Lease Assets
NEW YORK, July 1, 2019 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced that it has closed on the previously announced sale of its portfolio of seven cold storage properties leased to Preferred Freezer Services, LLC for a price of $442.5 million, including the assumption of $228 million of debt by the purchaser. The Company currently expects to record a gain of approximately $220 million in its financial statements for the second quarter of 2019. iStar intends to use the net sale proceeds for new investments and working capital. ...
Jun 27, 2019 04:42 pm ET
Safehold Sets Second Quarter 2019 Earnings Release and Webcast
Safehold Inc. (NYSE:SAFE) announced today that it will release its financial results for the second quarter 2019 on Friday, July 26, 2019, prior to market open.
Jun 11, 2019 08:00 am ET
Safehold Increases Quarterly Common Stock Dividend by 4%
Safehold Inc. (NYSE:SAFE) announced that the Company’s Board of Directors has declared common stock dividends of $0.156 per share for the second quarter of 2019, an increase of 4%. The dividend represents an annualized rate of $0.624 per share and is payable on July 15, 2019 to holders of record on June 28, 2019.
Jun 03, 2019 04:30 pm ET
Safehold to Present at Nareit’s REITweek: 2019 Investor Conference
Safehold Inc. (NYSE:SAFE) announced today that Jay Sugarman, Chairman and Chief Executive Officer, will participate in a moderated discussion at Nareit’s REITweek: 2019 Investor Conference in New York, NY on Tuesday, June 4, 2019 at 4:30pm ET.
May 21, 2019 08:02 am ET
iStar Announces New Investment and Expanded Relationship with Bowlero
NEW YORK, May 21, 2019 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced a $112 million transaction with Bowlero, the largest operator of bowling entertainment venues in the world, consisting of the purchase of nine bowling centers for $57 million and a commitment to purchase up to $55 million of additional bowling centers over the next several years. The new centers will be added to two of iStar's existing master net leases with Bowlero ("Lease I" and "Lease II"). In connection with this transaction, the maturities of Lease I and Lease II were extended by 15 years to 2047....
May 16, 2019 04:30 pm ET
iStar Declares Quarterly Preferred Stock Dividends
NEW YORK, May 16, 2019 /PRNewswire/ -- iStar (NYSE: STAR) announced today that the Company's Board of Directors has declared quarterly dividends on the Company's Preferred Stock for the second quarter of 2019. Dividends for all four series of Preferred Stock are payable on June 17, 2019 to holders of record on June 3, 2019.  ...
May 06, 2019 04:30 pm ET
iStar Increases Quarterly Common Stock Dividend by 11%
NEW YORK, May 6, 2019 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced that the Company's Board of Directors has declared common stock dividends of $0.10 per share for the second quarter of 2019, an increase of 11%. The dividend represents an annualized rate of $0.40 per share and is payable on May 31, 2019 to holders of record on May 15, 2019....
Apr 25, 2019 07:00 am ET
Safehold Reports First Quarter 2019 Results
Safehold Inc. (NYSE: SAFE) reported results for the first quarter 2019.
Apr 16, 2019 04:30 pm ET
iStar Sets First Quarter 2019 Earnings Release Date and Webcast
NEW YORK, April 16, 2019 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced today that it will release its financial results for the first quarter 2019 on Thursday, May 2, 2019, prior to the opening of the market....
Apr 16, 2019 04:30 pm ET
Safehold Sets First Quarter 2019 Earnings Release and Webcast
Safehold Inc. (NYSE:SAFE) announced today that it will release its financial results for the first quarter 2019 on Thursday, April 25, 2019, prior to market open.
Apr 09, 2019 04:15 pm ET
iStar Nominates Richard Lieb to Join Board of Directors
NEW YORK, April 9, 2019 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced today that its Board of Directors has nominated Richard Lieb for election as a Director at its 2019 Annual Meeting of Shareholders on May 16. All current Directors will stand for re-election with the exception of Dale Anne Reiss, a Director since 2008, who has decided not to stand for re-election and will continue to serve as Director until May 16, 2019. ...
Mar 25, 2019 08:30 am ET
iStar Announces the Sale of its Preferred Freezer Net Lease Assets for a Gain of Approximately $215 Million
NEW YORK, March 25, 2019 /PRNewswire/ -- iStar (NYSE: STAR) announced that it has entered into a definitive agreement to sell its portfolio of seven cold storage properties leased to Preferred Freezer Services, LLC to a third party for a price of $442.5 million, including the assumption of $228 million of debt by the purchaser. The Company currently expects to record a gain of approximately $215 million in its financial statements in the quarter in which the sale closes. The transaction is expected to close in the second quarter of 2019, subject to the satisfaction of customary closing condi...
Mar 15, 2019 04:29 pm ET
Safehold Declares First Quarter 2019 Common Stock Dividend
Safehold Inc. (NYSE:SAFE) announced today that the Company’s Board of Directors has declared common stock dividends of $0.15 per share for the first quarter of 2019. The dividend represents an annualized rate of $0.60 per share and is payable on April 15, 2019 to holders of record on March 29, 2019.
Mar 11, 2019 08:00 am ET
iStar Appoints Douglas Heitner as Chief Legal Officer
NEW YORK, March 11, 2019 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced the appointment of Douglas Heitner as Chief Legal Officer and the retirement of Vice Chairman and Chief Legal Officer, Nina Matis. Mr. Heitner joins the iStar executive team effective March 11, 2019 and Ms. Matis will remain on the executive team as Vice Chairman until July to oversee a smooth transition. Mr. Heitner will report to Jay Sugarman, Chairman and Chief Executive Officer....
Mar 04, 2019 08:00 am ET
Safehold Enters Greater Philadelphia Market
Safehold Inc. (NYSE: SAFE) today announced its expansion into the Greater Philadelphia market, offering its modern, customer-friendly Safehold ground lease capital in unison with a leasehold loan from an institutional national bank to facilitate the acquisition of an office complex in the high-end neighborhood of Valley Forge, PA.
Feb 28, 2019 08:00 am ET
Safehold Closes Two More Transactions in Texas
Safehold Inc. (NYSE: SAFE) continues its expansion in Texas with two Safehold™ ground leases in high growth submarkets of Dallas-Fort Worth. Both transactions were closed with our repeat client Admiral Capital.
Feb 14, 2019 07:00 am ET
Safehold Reports Fourth Quarter and Fiscal Year 2018 Results
Safehold Inc. (NYSE: SAFE) reported results for the fourth quarter and fiscal year 2018.
Feb 14, 2019 06:30 am ET
Safety, Income & Growth Inc. Rebrands as Safehold Inc.
As part of its mission to reinvent ground leases and better serve the capital needs of the real estate market, Safety, Income & Growth Inc. has rebranded and changed its company name to Safehold Inc., officially effective on February 25, 2019. This rebrand reflects the natural evolution of Safehold’s business, better projecting the benefits of the company’s market-leading offering and positioning it to further expand its reach and become the industry standard for efficient capital structures.
Feb 01, 2019 05:30 pm ET
Safety, Income & Growth Sets Fourth Quarter and Fiscal Year 2018 Earnings Release and Webcast
Safety, Income & Growth Inc. (NYSE:SAFE) announced today that it will release its financial results for the fourth quarter and fiscal year 2018 on Thursday, February 14, 2019, prior to market open.
Jan 24, 2019 09:00 am ET
Safety, Income & Growth and iStar Provide “SAFE/STAR” One-Stop Capital Solution for Multifamily Conversion in Washington, D.C.
Safety, Income & Growth Inc. (NYSE: SAFE) and iStar Inc. (NYSE: STAR) partnered to originate a new ground lease and first mortgage leasehold loan on an 8-story office property adjacent to the George Washington University campus in Washington, D.C. The building is scheduled to be converted into a 153-unit multifamily building beginning in late 2019 by experienced developer Insight Property Group. iStar provided the leasehold acquisition loan and SAFE provided a newly created lease under their unique “SAFE/STAR” one-stop capital program.
Jan 16, 2019 04:30 pm ET
Safety, Income & Growth Announces Tax Treatment of 2018 Dividends
Safety, Income & Growth Inc. (NYSE: SAFE) announced the tax treatment of its 2018 common stock dividends.
Jan 03, 2019 07:30 am ET
iStar and Safety, Income & Growth Announce Expanded Relationship
NEW YORK, Jan. 3, 2019 /PRNewswire/ -- iStar Inc. (NYSE: STAR) and Safety, Income & Growth Inc. (NYSE: SAFE) jointly announced today that iStar has made an additional $250 million equity investment in SAFE as part of an expanded effort to accelerate SAFE's growth. The investment provides SAFE with new capital to pursue approximately $750 million of new ground leases assuming SAFE's targeted two-to-one debt-to-equity ratio. Since going public 18 months ago, SAFE has nearly tripled the size of its aggregate ground lease portfolio to approximately $1 billion....
Dec 17, 2018 04:30 pm ET
Safety, Income & Growth Declares Fourth Quarter 2018 Common Stock Dividend
Safety, Income & Growth Inc. (NYSE:SAFE) announced today that the Company’s Board of Directors has declared common stock dividends of $0.15 per share for the fourth quarter of 2018. The dividend represents an annualized rate of $0.60 per share and is payable on January 15, 2019 to holders of record on December 31, 2018.
Dec 03, 2018 04:30 pm ET
Safety, Income & Growth Enters Nashville Market
Safety, Income & Growth Inc. (NYSE:SAFE), the leading company focused on ground leases, announced it has originated a new ground lease on a recently-built 275-unit Class A mid-rise multifamily building in the Music Row submarket of Nashville, as SAFE continues to expand its offerings across top cities in the U.S.
Nov 14, 2018 08:30 am ET
Safety, Income & Growth Originates $150 Million Ground Lease in Washington, D.C. on Trophy Asset
Safety, Income & Growth Inc. (NYSE:SAFE), the leading company focused on ground leases, announced it has originated a new $150 million ground lease, the largest single asset lease in its portfolio, on a trophy office building located on Pennsylvania Avenue in Washington, D.C. SAFE’s customer utilized the ground lease to help capitalize the acquisition of the property.
Nov 13, 2018 04:30 pm ET
Safety, Income & Growth Closes $79 Million Non-Recourse Senior Secured Term Loan
Safety, Income & Growth Inc. (NYSE:SAFE), the leading company focused on ground leases, announced today that it has closed on a new $79 million non-recourse senior secured term loan with a life insurance company. The loan matures in 2028.
Nov 13, 2018 07:20 am ET
Analysis: Positioning to Benefit within Calix, Majesco, Era Group, Strattec Security, Safety, Income and Growth, and Herbalife LTD — Research Highlights Growth, Revenue, and Consolidated Results
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Calix, Inc (NYSE:CALX), Majesco (NYSE:MJCO), Era Group, Inc. (NYSE:ERA),...
Oct 25, 2018 07:00 am ET
Safety, Income & Growth Reports Third Quarter 2018 Results
Safety, Income & Growth Inc. (NYSE:SAFE) today reported results for the third quarter ended September 30, 2018. Highlights for the quarter include:
Oct 04, 2018 04:20 pm ET
Safety, Income & Growth Sets Third Quarter 2018 Earnings Release and Webcast
Safety, Income & Growth Inc. (NYSE: SAFE) announced today that it will release its financial results for the third quarter 2018 on Thursday, October 25, 2018, prior to market open.
Sep 25, 2018 09:00 am ET
Tye Palonen Joins Safety, Income & Growth as Senior Vice President to Expand West Coast Ground Lease Originations
Safety, Income & Growth Inc. (NYSE:SAFE), the leading company focused on ground leases, announced today that Tye Palonen has joined as Senior Vice President to focus on expanding ground lease investments in the West Coast.
Sep 17, 2018 04:30 pm ET
Safety, Income & Growth Declares Third Quarter 2018 Common Stock Dividend
Safety, Income & Growth Inc. (NYSE: SAFE) announced today that the Company’s Board of Directors has declared common stock dividends of $0.15 per share for the third quarter of 2018. The dividend represents an annualized rate of $0.60 per share and is payable on October 15, 2018 to holders of record on September 28, 2018.
Sep 12, 2018 04:30 pm ET
CEO Jay Sugarman to Participate in the 2018 Barclays Global Financial Services Conference
Jay Sugarman, Chairman and Chief Executive Officer of iStar (NYSE: STAR) and Safety, Income & Growth (NYSE: SAFE), will present at the 2018 Barclays Global Financial Services Conference in New York, NY on Thursday, September 13, 2018 at 11:15 am ET.
Sep 10, 2018 04:30 pm ET
iStar to Participate in the 2018 Barclays Financial Services Conference
NEW YORK, Sept. 10, 2018 /PRNewswire/ -- Jay Sugarman, Chairman and Chief Executive Officer of iStar (NYSE: STAR) and Safety, Income & Growth (NYSE: SAFE), will present at the 2018 Barclays Financial Services Conference in New York, NY on Thursday, September 13, 2018 at 11:15 am ET....
Aug 27, 2018 09:15 am ET
Safety, Income & Growth Completes Five New Ground Leases for Over $100 Million
Safety, Income & Growth Inc. (NYSE: SAFE), the leading company focused on ground leases, announced that over the past month it has completed five new ground lease investments with institutional partners and leasehold lenders for $105 million of committed capital in three major metro areas across three property types. SAFE’s portfolio consists of more than $700 million of ground leases.
Aug 06, 2018 04:15 pm ET
Safety, Income & Growth Upsizes Revolving Credit Facility to $350 Million
Safety, Income & Growth Inc. (NYSE:SAFE), the leading company focused on ground leases, announced that Mizuho Bank has committed $50 million, upsizing the revolving credit facility to $350 million. The credit facility has an interest rate of LIBOR plus 135 basis points, one of the lowest priced secured revolving credit facilities among rated and unrated companies, reflecting the embedded safety that ground leases provide. The availability of low-interest, flexible capital enables SAFE to continue executing its strategic plan to expand its high q
Jul 26, 2018 07:00 am ET
Safety, Income & Growth Reports Second Quarter 2018 Results
Safety, Income & Growth Inc. (NYSE: SAFE) today reported results for the second quarter ended June 30, 2018. Highlights for the quarter include:
Jul 09, 2018 04:30 pm ET
Safety, Income & Growth Sets Second Quarter 2018 Earnings Release and Webcast
Safety, Income & Growth Inc. (NYSE:SAFE) announced today that it will release its financial results for the second quarter 2018 on Thursday, July 26, 2018, prior to market open.
Jun 19, 2018 04:30 pm ET
Safety, Income & Growth Originates Two New Ground Leases in Miami
Safety, Income & Growth Inc. (NYSE: SAFE), the leading company focused on ground leases, announced it has originated two new ground leases on adjoining industrial properties in Miami, Florida.
Jun 14, 2018 07:41 pm ET
Safety, Income & Growth Declares Second Quarter 2018 Common Stock Dividend
Safety, Income & Growth Inc. (NYSE: SAFE) announced today that the Company’s Board of Directors has declared common stock dividends of $0.15 per share for the second quarter of 2018. The dividend represents an annualized rate of $0.60 per share and is payable on July 13, 2018 to holders of record on June 29, 2018.
Jun 06, 2018 04:30 pm ET
Safety, Income & Growth Originates New Ground Lease in Orlando
Safety, Income & Growth Inc. (NYSE: SAFE), the leading company focused on ground leases, announced it has originated a new ground lease on a Class A multifamily property, Promenade Crossing, in the Baldwin Park submarket of Orlando, Florida with new client, The Dinerstein Companies.
May 30, 2018 04:30 pm ET
Safety, Income & Growth Originates New Ground Lease in Atlanta
Safety, Income & Growth Inc. (NYSE:SAFE), the leading company focused on ground leases, announced it has originated a new ground lease on two office buildings, 100 & 200 Glenridge Point, in the Central Perimeter submarket of Atlanta, Georgia with repeat client Richmond Honan.
Apr 26, 2018 06:58 am ET
Safety, Income & Growth Reports First Quarter 2018 Results
Safety, Income & Growth Inc. (NYSE:SAFE) today reported results for the first quarter ended March 31, 2018. Highlights for the quarter include:
Apr 23, 2018 08:30 am ET
iStar Unveils First-Ever Digital Annual Review for 2017
NEW YORK, April 23, 2018 /PRNewswire/ -- iStar (NYSE: STAR) announced today that it has released a digital version of its Annual Review for the first time, which can be accessed by visiting: istar.com/annualreport2017. The Annual Review highlights 2017 as a significant year marked by tangible progress: delivered strong earnings performance, executed a transformative capital markets transaction, received upgrades from all three major rating agencies, launched a revolutionary new company – Safety, Income & Growth Inc. (NYSE: SAFE), harvested value from legacy assets, and laid the groundwor...
Apr 16, 2018 08:49 am ET
Safety, Income & Growth Sets First Quarter 2018 Earnings Release and Webcast
Safety, Income & Growth Inc. (NYSE:SAFE) announced today that it will release its financial results for the first quarter 2018 on Thursday, April 26, 2018, prior to market open.
Mar 27, 2018 04:15 pm ET
iStar Announces New Senior Executive Hire and Change in Chief Financial Officer Position
NEW YORK, March 27, 2018 /PRNewswire/ -- iStar (NYSE: STAR) announced today that it has hired Andrew C. Richardson to lead a focused portfolio of longer-term land and development assets as part of its ongoing efforts to monetize and efficiently manage the Company's land and operating property portfolio....
Mar 19, 2018 04:47 pm ET
Safety, Income & Growth Declares First Quarter 2018 Common Stock Dividend
Safety, Income & Growth Inc. (NYSE:SAFE) announced today that the Company’s Board of Directors has declared common stock dividends of $0.15 per share for the first quarter of 2018. The dividend represents an annualized rate of $0.60 per share and is payable on April 13, 2018 to holders of record on March 30, 2018.
Mar 06, 2018 08:00 am ET
Safety, Income & Growth to Participate in the Citi 2018 Global Property CEO Conference
Safety, Income & Growth Inc. (NYSE: SAFE), the leading company focused on ground leases, announced that Jay Sugarman, Chairman and Chief Executive Officer, will participate in a fireside chat at the Citi 2018 Global Property CEO Conference in Hollywood, FL on Wednesday, March 7, 2018 at 12:20 PM ET.
Mar 05, 2018 08:00 am ET
Safety, Income & Growth Originates $50 Million of New Ground Leases
Safety, Income & Growth Inc. (NYSE:SAFE), the leading company focused on ground leases, announced it has originated two new ground leases totaling $50 million with The Dilweg Companies.
Mar 05, 2018 07:30 am ET
Safety, Income & Growth to Present at the Raymond James Institutional Investors Conference
Safety, Income & Growth Inc. (NYSE: SAFE), the leading company focused on ground leases, announced that Geoffrey Jervis, Chief Operating Officer and Chief Financial Officer, will present at the Raymond James 39th Annual Institutional Investors Conference in Orlando, FL on Monday, March 5, 2018 at 2:50 PM ET.
Feb 26, 2018 06:14 am ET
iStar Announces Fourth Quarter and Fiscal Year 2017 Results
NEW YORK, Feb. 26, 2018 /PRNewswire/ -- iStar (NYSE: STAR) today reported results for the quarter and fiscal year ended December 31, 2017. The Company has also published a supplemental to this earnings release which is available at www.istar.com in the "Investors" section....
Feb 15, 2018 04:19 pm ET
Safety, Income & Growth Reports Fourth Quarter and Fiscal Year 2017 Results
Safety, Income & Growth Inc. (NYSE:SAFE) today reported results for the fourth quarter and fiscal year ended December 31, 2017.
Feb 01, 2018 05:09 pm ET
Safety, Income & Growth Sets Fourth Quarter 2017 Earnings Release and Webcast
Safety, Income & Growth Inc. (NYSE:SAFE) announced today that it will release its financial results for the fourth quarter 2017 on Thursday, February 15, 2018, shortly following the market close.
Jan 30, 2018 07:05 am ET
Safety, Income & Growth Originates New $39 Million Ground Lease in Washington, D.C.
Safety, Income & Growth Inc. (NYSE:SAFE), the leading company focused on ground leases, announced that it has originated a new $38.5 million ground lease under Onyx on First, a luxury multi-family property in Washington, D.C.
Jan 22, 2018 04:50 pm ET
Safety, Income & Growth Announces Tax Treatment of 2017 Dividends
Safety, Income & Growth Inc. (NYSE:SAFE) announced the tax treatment of its 2017 common stock dividends.
Dec 19, 2017 12:14 pm ET
Safety, Income & Growth Inc. Declares Common Stock Dividend
Safety, Income & Growth Inc. (NYSE: SAFE) announced today that the Company’s Board of Directors has declared common stock dividends of $0.15 per share for the fourth quarter. The dividend represents an annualized rate of $0.60 per share and is payable on January 16, 2018 to holders of record on December 29, 2017.
Oct 26, 2017 07:11 am ET
SAFE Reports Third Quarter 2017 Results
Safety, Income & Growth Inc. (NYSE:SAFE) today reported results for the third quarter ended September 30, 2017.
Oct 09, 2017 04:39 pm ET
Safety, Income & Growth Sets Third Quarter 2017 Earnings Release and Webcast
Safety, Income & Growth Inc. (NYSE:SAFE) announced today that it will release its financial results for the third quarter 2017 on Thursday, October 26, 2017, prior to the opening of the market.
Aug 03, 2017 08:00 am ET
iStar Announces Second Quarter 2017 Results
NEW YORK, Aug. 3, 2017 /PRNewswire/ -- iStar (NYSE: STAR) today reported results for the quarter ended June 30, 2017....