The latest announcement is out from Safehold ( (SAFE) ).
Safehold Inc. reported a productive third quarter in 2024, achieving $90.7 million in revenue and $19.3 million net income attributable to common shareholders. The company closed $104 million in new originations, including significant ground leases and a leasehold loan. With a strategic joint venture buyout for $69 million, Safehold aims to enhance earnings and diversify its portfolio, despite ongoing market volatility. This growth reflects positive trends and strategic positioning in certain markets, appealing to investors looking for stable returns.
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