iStar Inc

Safehold, Inc. operates as a real estate investment trust, which focuses on acquiring, owning, managing and capitalizing ground leases. It seeks to provide safe & growing income, as well as capital appreciation to shareholders by building a diversified portfolio of ground leases. The firm's property is generally leased on a triple net basis with the tenant responsible for taxes, maintenance and insurance, as well as all operating costs and capital expenditures. The company was founded on April 14, 2017 and is headquartered in New York, NY.

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Safehold reports robust Q4 earnings, eyes merger benefits and growth

Safehold's Q4 2022 performance reflected resilience and strategic decision-making in a challenging market environment.
The company's strengths in ground lease investments and liquidity enhancements position it well for future growth.
While facing challenges such as market dynamics and analyst concerns, Safehold remains focused on seizing opportunities.
Executives' emphasis on positive milestones and the forthcoming merger underscore Safehold's commitment to value creation.

Safehold reports strong Q1 earnings post-merger, eyes operational leverage

Safehold's Q1 performance was solid, with revenue of $78.3 million and a focus on stable income generation.
The merger enhanced Safehold's position in the ground lease industry, offering significant unrealized capital appreciation.
While facing short-term challenges like one-time expenses, Safehold sees opportunities in operational leverage and increased demand for ground leases.

Safehold reports robust Q2 earnings amidst market challenges and opportunities

Safehold's Q2 performance showcased revenue growth, strong liquidity, and strategic capital deployment.
Despite market challenges, the company's focus on customer needs and portfolio resilience are key strengths.
Opportunities lie in restarting growth initiatives and navigating market dynamics effectively.
Addressing challenges in liquidity, rates, and appraisals will be crucial for Safehold's continued success.

iStar Inc (SAFE) reports resilient Q3 performance amidst market challenges

iStar Inc (SAFE) navigated Q3 2023 with solid financial performance, strategic positioning, and resilience amidst market challenges and opportunities.
The company's focus on managing interest rate risk, leveraging valuable assets, and capitalizing on growth potential sets a strong foundation for future success.
Despite challenges in market conditions and liquidity options, iStar Inc remains poised to seize opportunities, enhance value propositions, and drive growth.

Safehold reports resilient performance amidst challenges, eyes strategic growth opportunities

Safehold navigated challenges in 2023 to achieve positive outcomes and strengthen its financial position. Despite a volatile interest rate environment impacting pipeline activity, the company showed resilience with stable debt structure and strategic growth initiatives. Opportunities lie in exploring long-term deals, unlocking off-balance sheet value, and optimizing capital deployment.

Safehold reports solid Q1 earnings, eyes growth amid market challenges

Safehold's Q1 performance was solid, focusing on reducing costs and showcasing a healthy portfolio with strong capital market executions.
While facing challenges from limited deal activity and office asset cap rate assumptions, the company remains confident in market recovery and growth opportunities.
With a stable financial structure, positive momentum in the pipeline, and ambitions for significant originations, Safehold is poised for future success.

Safehold reports strong Q2 earnings, eyes portfolio expansion opportunities

Safehold's Q2 2024 earnings call showcased robust financial performance, strategic portfolio growth, and a strong capital structure. While the company faces challenges such as refinancing potential debt in the future, it also has opportunities to capitalize on expanding its portfolio and leveraging active hedging strategies. Analyst interest in funding sources and market outlook reflects a keen focus on Safehold's growth trajectory.

Safehold reports robust Q3 earnings, poised for strategic growth

Safehold's Q3 performance reflects financial strength and growth, supported by solid revenue, net income, and portfolio metrics.
The company's focus on attractive yields, ownership control, and long-term debt structure positions it well for future opportunities.
While challenges like market fluctuations exist, Safehold's liquidity, portfolio potential, and strategic approach offer avenues for sustained growth.

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Safehold, Inc. operates as a real estate company. It engages in acquiring, managing and capitalizing ground leases. The company was founded on June 13, 2017 and is headquartered in New York, NY.

iStar

NEW YORK , Feb. 17, 2023 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced today that the Company's Board of Directors has declared quarterly dividends on the Company's Preferred Stock for the first quarter of 2023. The dividends are all payable on March 15, 2023 to holders of record on March 1, 2023.

iStar Declares Quarterly Preferred Stock Dividends

Livingston, New Jersey--(Newsfile Corp. - February 16, 2023) - Longman Law, P.C. ("Longma Law") and The Grant Law Firm, PLLC ("Grant Firm", with Longman Law, the "Firms") have commenced an investigation into whether the officers and directors of Safehold, Inc. (NYSE: SAFE) breached their fiduciary duties or violated federal securities laws in connection with the company's merger with iStar Inc (NYSE: STAR).

SAFEHOLD STOCK ALERT: Shareholder Attorneys Howard T. Longman and Lynda Grant Investigate Merger of SAFE and Encourage Investors to Contact Them

Safehold Inc. (NYSE:SAFE ) Q4 2022 Earnings Conference Call February 14, 2023 10:00 AM ET Company Participants Pearse Hoffmann - Senior Vice President of Capital Markets & Investor Relations Jay Sugarman - Chairman & Chief Executive Officer Marcos Alvarado - President & Chief Investment Officer Brett Asnas - Chief Financial Officer Conference Call Participants Stephen Laws - Raymond James Matthew Howlett - B. Riley Rich Anderson - SMBC Harsh Hemnani - Green Street Ki Bin Kim - Truist Operator Good morning and welcome to Safehold's Fourth Quarter and Fiscal Year 2022 Earnings Conference Call.

Safehold Inc. (SAFE) Q4 2022 Earnings Call Transcript

Safehold (SAFE) delivered earnings and revenue surprises of 5.26% and 0.35%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Safehold (SAFE) Beats Q4 Earnings Estimates

NEW YORK , Feb. 14, 2023 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE) reported results for the fourth quarter and fiscal year ended December 31, 2022. SAFE published a presentation detailing these results which can be found on its website, www.safeholdinc.com in the "Investor Relations" section.

Safehold Reports Fourth Quarter and Fiscal Year 2022 Results

Innovative Industrial Properties

Medical Properties Trust

Zig Ziglar had hundreds – even thousands – of lines I could quote here. That's what happens when you write “over two dozen books” and amass “a following of millions.”.

My Biggest Losers On Full Display

NEW ORLEANS--( BUSINESS WIRE )--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of iStar Inc. (the “Company”) (NYSE: STAR) with Safehold Inc. (NYSE: SAFE) pursuant to which iStar shareholders will end up owning approximately 37% of the combined company directly. KSF is seeking to determine whether the merger and the process that led to it are adequate, or whether the merger undervalues the Company.

ISTAR INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of iStar Inc. - STAR

NEW YORK , Feb. 2, 2023 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced today that it will release its financial results for the fourth quarter and fiscal year 2022 on Tuesday, February 21, 2023, prior to the opening of the market. The Company will host an earnings conference call reviewing these results and its operations beginning at 10:00 a.m.

iStar Sets Fourth Quarter and Fiscal Year 2022 Earnings Release Date and Webcast

NEW YORK , Feb. 2, 2023 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE) announced today that it will release its financial results for the fourth quarter and fiscal year 2022 on Tuesday, February 14, 2023, prior to market open. The Company will host an earnings conference call reviewing these results and its operations beginning at 10:00 a.m.

Safehold Sets Fourth Quarter and Fiscal Year 2022 Earnings Release and Webcast

NEW YORK , Feb. 1, 2023 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE) announced today that Fitch Ratings has affirmed Safehold's unsecured corporate credit rating at BBB+ and has revised the rating outlook from Stable to Positive. "We are pleased with the recognition of the strong credit characteristics of the business as we continue to scale our ground lease platform with the most efficient capital for our stakeholders," said Brett Asnas, Chief Financial Officer.

Fitch Ratings Revises Safehold's Outlook from Stable to Positive

REITs collapsed in 2022 because of rising interest rates. But as we get inflation under control, rates will likely come back down.

Buy The Dip: 3 REITs Getting Way Too Cheap

iStar is merging with Safehold which provides us with an excellent high yielding opportunity which I wrote about in an earlier article. The merger plan states that iStar preferred stocks will be called providing preferred “G” and “I” investors with an estimated 20% annualized return from now until the estimated call date.

iStar Preferred Stocks: An Estimated 20% Yield To The Merger Close

NEW YORK , Jan. 17, 2023 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE) announced the tax treatment of its 2022 common stock dividends. NYSE: SAFE CUSIP: 78649D-104 Record Date Payment Date Distributionper Share OrdinaryIncome Capital GainDistribution UnrecapturedSection 1250 Gain 1/3/22 1/14/22 $0.1700 $0.0000 $0.1700 $0.0000 3/31/22 4/15/22 $0.1700 $0.0000 $0.1700 $0.0000 6/30/22 7/15/22 $0.1770 $0.0000 $0.1770 $0.0000 9/30/22 10/14/22 $0.1770 $0.0000 $0.1770 $0.0000   Section 1061 Reporting Information The capital gain distribution arose entirely from a long-term capital gain determined under Internal Revenue Code section 1231 and is accordingly excluded from the REIT's disclosure of its One-Year Amounts and Three-Year Amounts required by Treasury Regulations section 1.1061-6(c)(1).

Safehold Announces Tax Treatment of 2022 Dividends

These two real estate stocks have underperformed peers, but could they turn things around in 2023?

2 REITs Down 50% in a Year -- Will They Rebound in 2023?

NEW YORK , Jan. 12, 2023 /PRNewswire/ -- iStar (NYSE: STAR) announced today the tax treatment of its 2022 common and preferred stock dividends. iStar is designating all dividends paid in 2022 as Capital Gain Distributions pursuant to Internal Revenue Code section 857(b)(3)(B).

iStar Announces Tax Treatment of 2022 Dividends

NEW YORK , Jan. 9, 2023 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE), the creator of the modern ground lease industry, announced today that it has closed a new $500 million unsecured revolving credit facility. The new facility has a current borrowing rate of adjusted SOFR plus 100 basis points, with a maturity of July 31, 2025.

Safehold Announces New $500 Million Unsecured Revolving Credit Facility

AvalonBay Communities

Blackstone Group

Vanguard Real Estate ETF

2022 was a tough year for all of us. REITs dropped particularly heavily.

What I Learned From My Biggest Losers Of 2022

Sachem Capital

2022 has been a rough year for most investors; that's unless you only held energy stocks. As a matter of fact, 2022 was the first time in over a decade where my top picks lost money.

My Biggest REIT Losers In 2022

NEW YORK , Dec. 19, 2022 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced the initial public filing of a Form 10 registration statement (the "Registration Statement") with the U.S. Securities and Exchange Commission ("SEC"). The Registration Statement relates to the planned spin-off of Star Holdings in connection with the previously announced proposed merger between iStar and Safehold Inc.    The Registration Statement, which was filed on December 16, 2022, includes preliminary information regarding the potential spin-off.

iStar Announces Filing of Form 10 Registration Statement for Planned Spin-Off of Star Holdings

NEW YORK , Dec. 15, 2022 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE) announced today that the Company's Board of Directors has declared common stock dividends of $0.177 per share for the fourth quarter of 2022. The dividend represents an annualized rate of $0.708 per share and is payable on January 13, 2023 to holders of record on December 30, 2022.

Safehold Declares Fourth Quarter 2022 Common Stock Dividend

NEW YORK , Nov. 29, 2022 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE), the creator and leader of the modern ground lease industry, has closed on a ground lease to facilitate the acquisition of Park Central, a 2013-vintage, 200-unit Class A multifamily property in Nashville, TN. The deal was Safehold's fifth in Nashville and third with The Dinerstein Companies as sponsor.

Safehold Closes Fifth Ground Lease Transaction in Nashville, Tennessee

NEW YORK , Nov. 29, 2022 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced today the specific terms for its previously announced special dividend. The company will pay a one-time non-cash dividend of 6.64 million shares of Safehold (NYSE: SAFE), which equates to 0.07655 shares of SAFE for each share of iStar common stock outstanding.

iStar Announces Details for Its Special Dividend

Declares special common stock dividend payable in shares of Safehold common stock Declares regular quarterly cash dividends on preferred stock Suspends regularly quarterly common stock dividends pending completion of the merger with Safehold Inc. NEW YORK , Nov. 21, 2022 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced several dividend actions recently approved by its Board of Directors. Special Dividend On November 21, 2022, the Company's Board of Directors declared a one-time special dividend payable to the Company's common stockholders of Safehold ("SAFE") common stock valued at approximately $190 million, but subject to a maximum aggregate distribution limit of 7.6 million SAFE shares and a minimum aggregate distribution amount of 5.5 million SAFE shares.

iStar Announces Dividend Actions

iSTAR (STAR) is currently in the process of merging with Safehold (SAFE). As part of the merger plan, iSTAR preferred stocks will be called.

Win/Win For iSTAR Preferred 'G': Potential 22% Return From Now Until Safehold Merger

NEW YORK , Nov. 10, 2022 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE), the creator and leader of the modern ground lease industry, has closed on a $26.5 million ground lease to facilitate the ground-up development of One Burton, a fully amenitized 180-unit multifamily project located in South Salt Lake's new downtown district. The Qualified Opportunity Zone project will be developed by a new Safehold customer, ABSTRACT Development Group, an affiliate of a large New York based multifamily real estate owner.

News for iStar Inc Stock (SAFE)