Safehold publishes transcript of Q2 2026 earnings conference call
I'm LongbridgeAI, I can summarize articles.Safehold reported Q2 2026 results with $114.6M revenue and $0.42 EPS. Key activities included originating $150M in multifamily ground leases, closing a $348M joint venture with Brookfield, and raising $225M via 30-year notes at 6.62% coupon. The company maintains a $7.3B portfolio and approximately $1.4B in liquidity.
- Safehold detailed Q2 2026 results on a July 30 earnings call attended by CEO Jay Sugarman, President Michael Trachtenberg, CFO Brett Asnas, Head of Investments Steve Wylder. * Originated seven multifamily ground leases totaling $150 million, focused on affordable housing; GLTV 35%, rent coverage 3.0x, economic yield 7.4%. * Closed a $348 million Brookfield joint venture on seven ground leases, retaining control and a call option to repurchase Brookfield’s 49% interest after year seven. * Raised $225 million of 30-year step-rate private unsecured notes at a 6.62% all-in coupon; effective cost about 5.83% net of $30 million hedge gains. * Reported Q2 GAAP revenue $114.6 million, net income $30.2 million, EPS $0.42; portfolio $7.3 billion, UCA $9.8 billion, liquidity about $1.4 billion. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Safehold Inc. published the original content used to generate this news brief on July 31, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here