Safehold Inc.

# Safehold Inc. (SAFE)

Safehold is a real estate investment trust that originates and owns ground leases on commercial and multifamily properties across the United States. The company's primary business involves acquiring the underlying land of existing buildings while the property owner retains the structure and operations, creating a long-term triple-net lease arrangement. This structure allows property owners to unlock capital tied up in land value while Safehold receives steady rental income from the ground lease.

The company's portfolio spans multiple property types including multifamily residential, affordable housing, office, industrial, hospitality, student housing, life science, and mixed-use assets. Safehold's ground lease model generates recurring revenue streams that extend across multi-decade lease terms, typically with annual rent escalation provisions. The company was established in 2017 and operates with a focused corporate structure of approximately 72 full-time employees based in New York, NY. The portfolio is geographically dispersed across major U.S. markets, with exposure to both institutional-quality and development-stage properties.