Safehold Reports First Quarter 2021 Results
Highlights from the first quarter earnings announcement include:
- Revenue of
$43.5 million - Net income of
$16.9 million - Earnings per share of
$0.32 $166 million of new ground lease investments with an effective yield of 5.3%(1)$1.0 billion new recast unsecured revolving credit facility$770 million of cash & credit facility availability
“Following our recent investment grade ratings from Moody’s and Fitch, Safehold recast a new
SAFE published a presentation detailing these results which can be found on its website, www.safeholdinc.com in the “Investor Relations” section.
The Company will host an earnings conference call reviewing this presentation beginning at
Dial-In: |
877.336.4440 |
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International: |
409.207.6984 |
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Access Code: |
6230255 |
A replay of the call will be archived on the Company’s website. Alternatively, the replay can be accessed via dial-in from
Replay: |
866.207.1041 |
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International: |
402.970.0847 |
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Access Code: |
8307576 |
(1) Investments in Q1 ’21 include
About Safehold:
View source version on businesswire.com: https://www.businesswire.com/news/home/20210422005324/en/
Senior Vice President
Investor Relations & Marketing
T 212.930.9400
E investors@safeholdinc.com
Source: