Ground Lease

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Safehold Closes Ground Lease for Affordable Housing Development in San Diego
Prnewswire· 2025-07-24 20:05
Group 1 - Safehold Inc. has closed a ground lease for an Affordable Housing community in Mission Valley, San Diego, which will provide 227 units by 2028 [1][2] - The project is part of Safehold's strategy to invest in the Low-Income Housing Tax Credit (LIHTC) sector, which is seen as a crucial area for delivering affordable housing [2] - To date, Safehold has closed on eight ground leases for LIHTC developments in California, totaling over 1,600 units [2] Group 2 - Safehold Inc. is a leader in the modern ground lease industry, having created it in 2017, and aims to enhance real estate ownership by unlocking land value [3] - The company operates as a real estate investment trust (REIT) and focuses on providing safe, growing income and long-term capital appreciation to shareholders [3]
Safehold Closes Ground Lease for Florida Multifamily Recapitalization
Prnewswire· 2025-06-02 20:51
Core Insights - Safehold Inc. has successfully closed a ground lease to recapitalize a 336-unit multifamily property in Florida's Space Coast, marking its 18th deal in Florida and its first with JT Capital [1][2] - The company aims to leverage its modern ground lease structure to provide lower-cost, long-term capital to property owners [2] - Safehold also provided a leasehold loan alongside the long-term ground lease to facilitate the transaction [3] Company Overview - Safehold Inc. is a leader in the modern ground lease industry, having established this sector in 2017, and focuses on unlocking land value for various property types including multifamily, office, and mixed-use [4] - The company operates as a real estate investment trust (REIT) and aims to deliver safe, growing income and long-term capital appreciation to its shareholders [4]
Safehold Closes Ground Lease for Massachusetts Multifamily Development
Prnewswire· 2025-05-27 20:05
Core Insights - Safehold Inc. has successfully closed a ground lease for the development of The Benjamin, a 364-unit multifamily project in the Boston MSA, marking its first deal with The Michaels Organization [1][2] - The company emphasizes the growing adoption of its ground lease solution for multifamily projects in major metropolitan areas, aiming to provide low-cost, long-term capital to maximize value for owners [2][4] - Safehold's portfolio includes over 85 multifamily assets across top markets in the United States, showcasing its diversified investment strategy [3] Company Overview - Safehold Inc. is a pioneer in the modern ground lease industry, established in 2017, and focuses on enhancing real estate ownership by unlocking land value beneath buildings [4] - The company operates as a real estate investment trust (REIT), aiming to deliver safe, growing income and long-term capital appreciation to its shareholders [4]