Safehold Inc. Announces Major Securities Offering with Leading Financial Firms

authorIntellectia.AI2024-11-13
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SAFE.N
Illustration by Intellectia.AI

Safehold Inc. (NYSE: SAFE) has announced a significant offering of securities, with several major financial institutions acting as joint book-running managers. The offering is being conducted under an effective shelf registration statement filed with the Securities and Exchange Commission. This initiative aims to provide investors with opportunities to engage with Safehold's innovative real estate solutions, particularly in the ground lease sector. The offering is not yet available for sale in certain jurisdictions pending registration or qualification under applicable securities laws.

The offering involves a consortium of reputable financial firms, including J.P. Morgan Securities LLC, BofA Securities, Inc., Goldman Sachs & Co. LLC, and Truist Securities, Inc., among others. These firms are responsible for managing the distribution of the securities and ensuring compliance with regulatory standards.

Investors interested in participating in the offering can obtain the prospectus and related documents through the involved financial institutions. Safehold emphasizes that the offering's completion is contingent upon customary closing conditions.

Safehold Inc. is a leader in the real estate investment trust (REIT) sector, known for pioneering the modern ground lease industry. The company focuses on helping property owners maximize returns while minimizing risks through innovative financial structures. Safehold's approach has been instrumental in transforming real estate ownership, particularly in sectors like multifamily, office, industrial, hospitality, and mixed-use properties.

The company cautions that forward-looking statements in the announcement are subject to risks and uncertainties. These statements are based on current expectations and assumptions and are not guarantees of future performance. Safehold advises investors to review its filings with the Securities and Exchange Commission for a comprehensive understanding of potential risks.

Safehold continues to position itself as a forward-thinking entity in the real estate sector, offering unique solutions to enhance property value and investor returns.

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