2019 was a transformational year for Safehold’s geographic diversity; nine new key markets were added to our portfolio, including New York, Hawaii, Austin, Philadelphia, San Antonio, Tampa, Tempe, Portland and Sarasota.
The highest rate of growth took place in New York, with four new trophy office assets, elevating the financial and cultural capital of the world to our top market by portfolio percentage (47.5%). With a foothold in nearly all of the top 30 markets in the U.S. and a growing roster of repeat customers, we anticipate momentum breeding more momentum as real estate investors continue to pursue higher returns with lower risk.
