• Safehold executives Jay Sugarman, Michael Trachtenberg, Brett Asnas, Steve Wylder, Pearse Hoffmann joined analysts on April 30 to discuss Q1 2026 results and outlook.
• Quarter included four transactions totaling $68 million, including first non-California affordable housing ground lease in Austin, Texas.
• Pipeline held about $255 million of non-binding LOIs, with most expected to close in next 1-2 quarters.
• Management flagged developing issue at 50th Street asset in New York, where tenant sought approval for office-to-multifamily conversion but has repeatedly failed to pay property taxes despite paying fixed ground rent.
• Safehold reported GAAP revenue $110.9 million, net income $28.9 million, EPS $0.4, with $3.4 million of share repurchases at average price $14.39.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Safehold Inc. published the original content used to generate this news brief on May 01, 2026, and is solely responsible for the information contained therein.