The company reported net income attributable to common shareholders of $30.2 million, or $0.42 per share, for the period ending June 30. Chairman and CEO Jay Sugarman highlighted the firm's momentum, specifically noting the formation of a $348 million joint venture with Brookfield alongside a $225 million private placement of structured senior unsecured notes due in 2056.
In section Releases
Safehold Reports Net Income of $30.2 Million for Second Quarter
With $114.6 million in quarterly revenue, Safehold Inc. is navigating a period of expansion, closing $150 million in new ground lease originations during the second quarter of 2026. The New York-based real estate investment trust maintains its trajectory through fresh capital raises and strategic joint ventures.
Beyond these financial milestones, Safehold’s estimated unrealized capital appreciation reached $9.8 billion. The firm continues to focus on its core business of ground leases for high-quality properties, including multifamily and life science assets. Management indicated an active pipeline for the remainder of the year as they seek to deploy investment capacity and bolster shareholder returns.
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