Mr.. Banani, welcome to the show. >> It's such a pleasure to be here, Ellie. I'm sorry that it's not in person, but I look forward to that being the next time. >> Well, it's a busy day, as we know, in in New York, not just for you because it's the last day of voting, but it is the New York City Marathon, which you were running in uh last year, it's always an exciting day for us. Um, it's one of the things when you look at the marathon when you're up on the Upper West Side and you see all the the the runners ...

Telluride, a skiing hotspot in Colorado, is seeking to more than triple its ability to borrow to build more affordable housing https://t.co/j5kGp0Y7Cg ...

Financial Data and Key Metrics Changes - The company reported core FFO per share of $2.28, exceeding the high end of guidance, driven by strong same property performance in North America and the UK [5] - North American same property NOI increased by 5.4%, with manufactured housing delivering 10.1% NOI growth and maintaining a solid 98% occupancy [5][6] - Annual RV rental rates for 2026 are being set with an estimated average annual increase of approximately 4% [7] - Total debt stood at $4.3 billion with a weighted average interest rate of 3.4% and a weighted average maturity of 7.4 years [10] - The company raised its core FFO per share expectations for 2025 to a range of $6.59 to $6.67, reflecting continued operational strength [11] Business Line Data and Key Metrics Changes - Manufactured housing same property NOI is now expected to grow by 7.8% at the midpoint, reflecting continued outperformance [11] - RV same property NOI guidance has been raised to a 1% decline at the midpoint, supported by stable third quarter results [12] - In the UK, same property NOI grew by 5.4%, supported by 4.8% revenue growth and 4% expense growth [7][12] Market Data and Key Metrics Changes - Home sale volumes in the UK are lighter compared to recent record volumes, but the company maintains elevated market share [8] - The UK team is strategically shifting the earnings mix toward recurring real property income while driving operational excellence [8] Company Strategy and Development Direction - The new CEO emphasized three key areas of focus: understanding the MH&RV business, supporting the team in delivering on strategy, and assessing opportunities for disciplined long-term growth [4] - The company is committed to operational excellence and resident satisfaction as core values [18] - The strategy includes disciplined capital allocation and a focus on enhancing long-term shareholder value through buybacks and acquisitions [10][11] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's performance and the demand for affordable housing, noting a 98% occupancy rate [18] - The company is focused on retention and operational execution as key drivers for long-term growth, particularly in the RV space [35] - Management acknowledged macro challenges but highlighted strong execution and performance in the UK market [42] Other Important Information - The company completed the disposition of nine delayed consent properties for total proceeds of approximately $118 million [9] - The company has been active in acquiring ground leases, with 28 ground leases purchased year to date for approximately $324 million [10] Q&A Session Summary Question: Initial observations and potential improvements - The new CEO highlighted the strength of the team and the quality of communities, focusing on supporting the team to finish strong in 2025 [15][16] Question: Strategy regarding the UK market - The CEO expressed encouragement about the UK team's performance and their focus on growing recurring revenue [20][22] Question: Transaction market and pricing - The company remains disciplined in capital deployment, seeing an increase in transactional activity but focusing on high-quality assets [25][26] Question: Transient RV performance and Canadian customers - Management noted that Canadian customers represent a small percentage of the business and discussed strategies to improve retention and fill gaps [28][29] Question: Annual RV increase strategy - The company is prioritizing retention and operational execution, leading to a tempered 4% RV annual increase for 2026 [34][35] Question: UK home sales environment - Home sales in the UK are lighter than last year, but the overall performance remains strong with a focus on recurring income [41][42] Question: Use of cash and capital allocation - The company plans to maintain a disciplined approach to capital allocation, balancing growth and shareholder value [66]

NEW YORK, Oct. 27, 2025 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE), the creator and leader of the modern ground lease industry, has closed on a ground lease for the development of an Affordable Housing community in the San Fernando Valley area of Los Angeles, California. The Low Income Tax Credit development will provide 275 total units upon delivery in 2029. The project will be developed by The Pacific Companies, a prolific developer of Affordable Housing throughout the Western United States and a repeat S ...

PORTLAND, Maine--(BUSINESS WIRE)--Governor Janet Mills and Speaker Ryan Fecteau highlight need for affordable housing at Wilbur's Woods ribbon cutting event today. ...

Billionaire Harry Triguboff has built more reasonably-priced homes than almost anyone else in Sydney, but he also divides opinion. Read today's Australia Briefing for your daily dose of the best of Bloomberg from Down Under and around the world https://t.co/OFqeKV1o2z ...

FORWARD-LOOKING STATEMENTS Certain statements in this Investor Presentation are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. These forward-looking statements often discuss our plans, strategies, intentions, markets, beliefs, forecasts and guidance, and may be identified by reference to a future period or periods or by the use of forward-looking terminology, such as "expects," "may," "will," "believes," "should," "would," "could," "appro ...

Hear At Last Signs Exclusive Contract with Hebei Jiachen Integrated Housing Co. for Affordable Modular Homes in North and Central America as Well as the CaribbeanOctober 21, 2025 8:00 AM EDT | Source: Hear AtLast Holdings, IncMiami, Florida--(Newsfile Corp. - October 21, 2025) - Hear At Last (OTCID: HRAL), a leader in innovative housing solutions, is pleased to announce an exclusive partnership with Hebei Jiachen Integrated Housing Co., a globally recognized manufacturer of high-quality modula ...

I want to take this moment because you spoke about President Trump and he may be watching right now and I just want to speak directly to the president which is that I will not be a mayor like Mayor Adams who will call you to figure out how to stay out of jail. I won't be a disgraced governor like Andrew Cuomo who will call you to ask how to win this election. I can do those things on my own.I will however be a mayor who is ready to speak at any time to lower the cost of living. That's the way that I am goin ...

The European Towns And Villages Currently Offering A €1 House https://t.co/3RIkhmS6kS ...