Safehold Reports Q1 Earnings and Strategic Expansion into Multifamily Affordable Housing
Safehold reported strong Q1 results with $110.9M in GAAP revenue, $28.9M net income, and a portfolio valued at $7.1B. The company is expanding its affordable housing initiatives beyond California and has closed $68M in originations this quarter.
Topics: affordable_housing_expansion capital_allocation multifamily_housing real_estate