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Portfolio

Safehold’s portfolio has increased 18x since IPO in June 2017 to $6.2 billion.(1)

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(1) The portfolio is presented using Aggregate Gross Book Value. As of 12/31/22, the portfolio included $308m of forward commitments that have not yet been funded (such funding commitments are subject to certain conditions). There can be no assurance Safehold will fully fund these transactions.

West
  • Seatle
  • Portland
  • Salt Lake City
  • Denver
  • San Francisco
  • Sacramento
  • San Jose
  • Los Angeles
  • San Diego
  • Honolulu
Southwest
  • Phoenix
  • Dallas
  • Austin
  • San Antonio
  • Houston
Southeast
  • Raleigh-Durham
  • Nashville
  • Atlanta
  • Jacksonville
  • Orlando
  • Tampa
  • Sarasota
  • Miami
  •  
Central
  • Minneapolis
  • Milwaukee
  • Detroit
  • Chicago
Mid-Atlantic
  • Philadephia
  • Washington, D.C.
Northeast
  • New York
  • Boston

Yield Metrics

5.1% Annualized Yield ($301m Annualized In-Place Net Rent)
3.4% Annualized Yield ($192m Annualized In-Place Cash Rent)

Credit Metrics(1)

3.9x W.A. Rent Coverage
40% W.A. GLTV
(1) The Company uses estimates of the stabilized Property NOI if it does not receive current tenant information or if the properties are under construction/in transition. These estimates are based on leasing activity at the property, third party appraisals and available market information, such as leasing activity at comparable properties in the relevant market.

Property Type

36% Multifamily
(69 Assets)
12% Hotel (16 Assets)
4% Life Science (5 Assets)
3% Mixed Use & Other
(5 Assets)
45%
Office
(36 Assets)
Underlying Property(131 Assets)

Lease Term

94%
>60 yrs
4%
<20 yrs
2%
20-60 yrs
Lease Term
Remaining W/ Ext.(W.A. 91 Years)