Safehold (SAFE) - 2025 Q2 - Quarterly Results

Exhibit 99.2 Q2'25 Earnings Results Q2'25 Summary afehold Investment Activity | | Q2'25 Originations | | --- | --- | | | (4 Ground Leases, 3 Leasehold Loans) | | Ground Lease Value1 | $123m | | Leasehold Loan Value2 | $97m | | Markets | 4 (1 New) | | Sponsors | 4 (All New) | | GLTV3a | 33% | | Rent Coverage4a | 3.2x | | Economic Yieldª | 7.2% | Portfolio Metrics5 $6.9b / $9.1b Total Portfolio Aggregate GBV6 / Total Portfolio Estimated UCA Nete: The information in this presentation is as of June 30, 2025, un ...