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

iStar and Safehold announced the long anticipated merger. Market reaction was all over the place in the first two trading days.

iStar And Safehold: Just A Manic Merger Thursday

Wilmington, Delaware--(Newsfile Corp. - August 12, 2022) - Rigrodsky Law, P.A. is investigating Safehold Inc. ("Safehold") (NYSE: SAFE) regarding possible breaches of fiduciary duties and other violations of law related to Safehold's agreement to merge with iStar Inc. Under the terms of the agreement, Safehold shareholders are expected to own approximately 34% of the combined company.To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-safehold-inc.To contact Seth D. Rigrodsky or Gina M.

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating Safehold Inc. Merger

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, an investor rights law firm, is investigating whether the merger of Safehold Inc. (NYSE: SAFE) and iStar Inc. is fair to Safehold shareholders. Halper Sadeh encourages Safehold shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether Safehold and its board violated the federal securit

SAFE Stock Alert: Halper Sadeh LLP Is Investigating Whether the Merger of Safehold Inc. Is Fair to Shareholders

Shares of iStar Inc. STAR, +3.45% rallied 8.3% in premarket trading Thursday, after the real estate investment trust and fellow REIT Safehold Inc. SAFE, +3.60% announced an agreement to combine, which Safehold says will make it the only publicly traded, pure-play ground lease company. Safehold's stock was still inactive in the premarket.

Safehold, iStar to combine in a deal valuing iStar at nearly $1.6 billion

MSD Partners to Make Strategic Investments in Both Safehold and Caret NEW YORK , Aug. 11, 2022 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE) and iStar Inc. (NYSE: STAR) jointly announced today that the two companies have entered into a definitive agreement for a tax-free, strategic combination that will accelerate Safehold's market leadership in the ground lease industry and make Safehold the only internally-managed, pure-play ground lease company in the public markets.  Transaction Overview Internalization of manager: Under the terms of the transaction Safehold will internalize iStar's management team / intellectual property, replacing Safehold's external management structure.

Safehold and iStar Announce Business Combination

As many of you know, I have been covering SAFE and STAR for quite some time. After careful consideration, I have decided to double down on SAFE, recognizing that the margin of safety is exceptionally high.

Safehold: I'm Doubling Down On This 'Safe' Bet

We have had a conviction sell on Safehold when it was trading in the high $70s. In our last article, we suggested $25-$30 would likely form a buyable opportunity.

Safehold: Did We Miss The Bottom?

NEW YORK , Aug. 4, 2022 /PRNewswire/ -- iStar Inc. (NYSE: STAR) today reported results for the second quarter ended June 30, 2022. Highlights for the quarter include: Net income (loss) of ($138.5) million or ($1.70) per diluted common share Adjusted earnings (loss) of ($34.2) million or ($0.42) per diluted common share During the quarter, exchanged $194 million of convertible notes for 13.75 million shares of common stock and $14 million of cash, recognizing a $298 million increase to book equity, offset by a $118 million loss on early extinguishment of debt $139 million of proceeds from legacy asset sales and loan repayments Safehold closed $381 million 1 of new originations, bringing Safehold's total aggregate portfolio to $5.9 billion and total UCA to approximately $9.9 billion "iStar made considerable progress in the second quarter, simplifying our balance sheet and continuing to help scale Safehold and our ground lease-adjacent businesses," said Jay Sugarman, Chairman and Chief Executive Officer.

iStar Reports Second Quarter 2022 Results

Safehold Inc. (NYSE:SAFE ) Q2 2022 Earnings Conference Call August 3, 2022 10:00 AM ET Company Participants Jason Fooks - Senior Vice President of Investor Relations & Marketing Jay Sugarman - Chairman & Chief Executive Officer Marcos Alvarado - President & Chief Investment Officer Brett Asnas - Chief Financial Officer Conference Call Participants Rich Anderson - SMBC Adam Kramer - Morgan Stanley Connor Siversky - Berenberg Stephen Laws - Raymond James Harsh Hemami - Green Street Ki Bin Kim - Truist Securities Matthew Howlett - B. Riley Rich Anderson - SMBC Operator Good morning, and welcome to Safehold's Second Quarter 2022 Earnings Conference Call.

Safehold Inc. (SAFE) CEO Jay Sugarman on Q2 2022 Results - Earnings Call Transcript

Safehold (SAFE) delivered earnings and revenue surprises of -7.50% and 0.08%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Safehold (SAFE) Misses Q2 Earnings and Revenue Estimates

NEW YORK , Aug. 3, 2022 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE) reported results for the second quarter 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 Second Quarter 2022 Results

NEW YORK , July 29, 2022 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced today that it will release its financial results for the second quarter 2022 on Thursday, August 4, 2022, 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 Second Quarter 2022 Earnings Release Date and Webcast

NEW YORK , July 29, 2022 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE) announced today that it will release its financial results for the second quarter 2022 on Wednesday, August 3, 2022, 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 Second Quarter 2022 Earnings Release Date and Webcast

Centennial Resource Development

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Sachem Capital

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Canada's national business paper, The Globe and Mail, recently interviewed a Toronto-based portfolio manager who seeks out smaller growth stocks with the potential to become large caps over the long haul. Alex Etsell invests $2.3 billion for Hillsdale Investment Management in microcap and small-cap strategies for the firm's clients.

7 Growth Stocks to Buy Now Before They Become Large Caps

Safehold is a high-quality, diversified REIT with a differentiated business model, ultra-long leases, and impressive growth prospects. It comes with a strong balance sheet with plenty of liquidity and pays a well-covered dividend.

Safehold: Why Buy A CD When You Can Buy Ground Leases

eXp World Holdings Inc

Invitation Homes

These high-growth stocks could be major moneymakers over the next 20 to 30 years.

3 Dividend Stocks That Can Make You Rich if You Hold Them Long Enough

Federal Realty Investment Trust

Realty Income Corp

The appeal of REITs is straightforward: REITs allow anyone the opportunity to profit from real estate properties, without actually having to own property. REITs operate across a number of sectors, including industrial, healthcare, and retail.

3 Quality REITs to Buy With Secure Dividends

NEW YORK , July 20, 2022 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE), the creator and leader of the modern ground lease industry, has closed on a $62.5 million ground lease to facilitate the acquisition of Soleste Grand Central, a 360-unit multifamily asset in Miami, Florida. The property was completed in 2021 and acquired by Avanti Residential.

Safehold Closes Sixth Transaction with Avanti Residential, $62.5 Million Ground Lease in Miami

Adobe

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Rockley Photonics Holdings Ltd

Some of the stocks that may grab investor focus today are: Wall Street expects The Kroger Co. (NYSE: KR) to post quarterly earnings at $1.30 per share on revenue of $44.24 billion before the opening bell. Kroger shares gained 2.8% to $52.30 in after-hours trading.

5 Stocks To Watch For June 16, 2022

NEW YORK , June 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 second quarter of 2022. The dividend represents an annualized rate of $0.708 per share and is payable on July 15, 2022 to holders of record on June 30, 2022.

Safehold Increases Quarterly Stock Dividend by 4.12%

NEW YORK , June 1, 2022 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced today an adjustment to the conversion rate of its 3.125% Convertible Senior Notes due 2022 as a result of the common stock cash dividends to be paid on June 15, 2022. The conversion price applicable to the outstanding Convertible Notes has been adjusted to $13.73 per share (72.8554 shares of iStar common stock per $1,000 principal amount of Notes) effective May 31, 2022 and subject to further adjustment as provided in the governing supplemental indenture.

iStar Announces Adjustment of Conversion Rate for Convertible Notes

Safehold has been rightly punished as the bond bubble imploded. This deep into oversold territory is not the place for short side heroics, and hence, we rate it neutral.

Safehold: The Bubble And Its Consequences

Safehold (SAFE) stock has three sources of value - the existing ground-lease portfolio, accretive new ground leases, and the assets Safehold will receive when the ground leases end. Here, we consider each of these in the present context where long-term interest rates are up 50% since last summer.

Safehold: Enormous Upside Despite The Carnage

NEW YORK , May 16, 2022 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE), the creator and leader of the modern ground lease industry, announced today that its operating partnership, Safehold Operating Partnership LP ("Safehold" or the "Company"), has signed a definitive note purchase and private shelf agreement providing for a private placement of $150 million aggregate principal amount of 5.15% senior unsecured notes due May 13, 2052 (the "Notes"). Pricing on May 5, 2022 was based on the 30-year Treasury rate of 3.20% plus a spread of 195 basis points.

Safehold Closes $150 Million Private Placement of Structured Senior Unsecured Notes Due 2052

Safehold Inc. (NYSE:SAFE ) Q1 2022 Results Conference Call April 21, 2022 10:00 AM ET Company Participants Jason Fooks - SVP of IR and Marketing Jay Sugarman - Chairman and CEO Marcos Alvarado - President and CIO Brett Asnas - CFO Conference Call Participants Nate Crossett - Berenberg Caitlin Burrows - Goldman Sachs Rich Anderson - SMBC Harsh Hemami - Green Street Rich Hill - Morgan Stanley Ki Bin Kim - Truist Securities Matthew Howlett - B. Riley Derek Hewett - Bank of America Operator Good morning, and welcome to Safehold's First Quarter 2022 Earnings Conference Call.

News for iStar Inc Stock (SAFE)