Safehold Reports Second Quarter 2023 Results
SAFE published a presentation detailing these results which can be found on its website, www.safeholdinc.com in the "Investors" section.
Highlights from the earnings announcement include:
- Q2'23 revenue was
$85.7 million - Q2'23 net income attributable to common shareholders was
$22.1 million , or$22.6 million excluding merger and Caret related costs1 - Q2'23 earnings per share was
$0.35 - Closed
$129 million 2 of new originations in Q2'23, bringing total aggregate portfolio to$6.3 billion - UCA grew by an estimated
$121 million in Q2'23, bringing total UCA to an estimated$10.1 billion 3
"We are pleased with transaction activity picking up during the quarter," said
The Company will host an earnings conference call reviewing this presentation beginning at
Dial-In: |
877.545.0523 |
International: |
973.528.0016 |
Access Code: |
445276 |
A replay of the call will be archived on the Company's website. Alternatively, the replay can be accessed via dial-in from
Replay: |
877.481.4010 |
International: |
919.882.2331 |
Access Code: |
48759 |
About Safehold:
Company Contact:
Senior Vice President
Capital Markets & Investor Relations
T 212.930.9400
E investors@safeholdinc.com
1 Merger and Caret related costs were
2 Gross of joint venture partner's commitment. Investments in Q2'23 include
3 For more information on UCA, including additional limitations and qualifications, please refer to our Current Report on Form 8-K filed with the
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SOURCE Safehold