| Market Capitalization (Millions $) |
1,088 |
| Shares
Outstanding (Millions) |
72 |
| Employees |
72 |
| Revenues (TTM) (Millions $) |
399 |
| Net Income (TTM) (Millions $) |
114 |
| Cash Flow (TTM) (Millions $) |
2 |
| Capital Exp. (TTM) (Millions $) |
0 |
Business Description
Safehold Inc. is a publicly-traded real estate investment trust (REIT) that was founded in 2016. The company is focused on owning and managing ground leases that are located across the United States. Safehold Inc. operates under the ticker symbol "SAFE" and is traded on the New York Stock Exchange (NYSE).
One of the key features of Safehold Inc. is its unique business model. The company's ground leases give it the right to collect rent payments from the owners of buildings that sit on the leased land. This arrangement allows Safehold Inc. to earn a steady stream of income while minimizing some of the risks associated with traditional real estate ownership.
Safehold Inc. has a diverse portfolio of ground leases that includes commercial office buildings, industrial facilities, apartment complexes, and retail centers. The company's properties are located in some of the most desirable markets in the country, including New York, Los Angeles, and Chicago. As of the end of 2020, Safehold Inc. owned 223 ground leases across 37 states.
In addition to owning and managing ground leases, Safehold Inc. also provides financing to real estate owners and developers. The company's lending business is focused on providing non-recourse loans that are secured by real estate assets.
Safehold Inc. has a strong financial position, with a market capitalization of over $4 billion as of early 2021. The company has generated steady revenue growth over the past several years, with total revenues increasing from $23.9 million in 2017 to $132.1 million in 2020.
Overall, Safehold Inc. is a unique and innovative REIT that has established itself as a major player in the real estate industry. The company's ground lease model and focus on desirable markets have enabled it to generate steady income streams while minimizing risks. As the real estate market continues to evolve, Safehold Inc. is well-positioned to continue its growth and success.
Company Address: 1114 Avenue of the Americas New York 10036 NY
Company Phone Number: 930-9400 Stock Exchange / Ticker: NYSE SAFE
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1.57%