Safehold Reports Second Quarter 2022 Results
SAFE published a presentation detailing these results which can be found on its website, www.safeholdinc.com in the "Investor Relations" section.
Highlights from the earnings announcement include:
- Q2 '22 earnings per share were
$0.37 , a 32% increase year-over-year - Q2 '22 revenue was
$64.9 million , a 47% increase year-over-year - Closed
$381 million 1 of new originations in Q2'22, bringing total aggregate portfolio to$5.9 billion - Portfolio generates annualized in-place cash rent of
$178 million with an annualized yield of 5.1% and an inflation-adjusted yield of 5.6% (based on theFederal Reserve's current 30-year inflation expectation of 2.22%) - UCA grew by an estimated
$543 million in Q2'22, bringing total UCA to an estimated$9.9 billion
"Safehold reported a strong second quarter with over
The Company will host an earnings conference call reviewing this presentation beginning at
Dial-In: |
844.867.6163 |
International: |
409.207.6969 |
Access Code: |
1619818 |
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 |
International: |
402.970.0847 |
Access Code: |
7436202 |
About Safehold:
1 Investments in Q2 '22 include |
Company Contact:
Senior Vice President
Investor Relations & Marketing
T 212.930.9400
E investors@safeholdinc.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/safehold-reports-second-quarter-2022-results-301598940.html
SOURCE Safehold