Safehold Inc. Reports Third Quarter 2026 Financial Results
Safehold Inc. (NYSE: SAFE) has announced its financial results for the third quarter of 2026, reporting revenue of $118.7 million and net income attributable to common shareholders of $28.8 million. This resulted in earnings per share of $0.41 for the period. The company successfully closed $38 million in new ground lease originations during the quarter, which includes $13 million in forward commitments. Safehold also reported an increase in its estimated unrealized capital appreciation to $9.9 billion. CEO Jay Sugarman noted that despite increased market volatility due to rising interest rates, the company remains well-positioned with ample liquidity and a long-term 18-year liability structure. The firm continues to focus on converting multifamily ground leases at attractive yields.
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Topics: earnings report ground lease originations net income real estate finance revenue