Earnings release
Page 1
Safehold Press Release Safehold Reports Third Quarter 2021 Results NEW YORK , October 21 , 2021 Safehold Inc. ( NYSE : SAFE ) reported results for the third quarter 2021 . Highlights from the third quarter earnings announcement include : Revenue of $ 47.3 million , a 24 % increase year - over - year Net income of $ 20.2 million , a 43 % increase year - over - year Earnings per share of $ 0.38 , a 36 % increase year - over - year $ 321 million of originations " $ 624 million of estimated UCA growth $ 242 million capital raised from equity offering " Safehold reported a strong third quarter with over $ 300 million of new originations , growing the portfolio by 9 % quarter - over - quarter to $ 4.0 billion , ” said Jay Sugarman , Chairman and Chief Executive Officer . " Following our largest equity raise since IPO , Safehold is well positioned with ample liquidity to finish the year strong . " SAFE published a presentation detailing these results which can be found on its website , www.safeholdinc.com in the “ Investor Relations " section . The Company will host an earnings conference call reviewing this presentation beginning at 10:00 a.m. ET . This conference call will be broadcast live and can be accessed by all interested parties through Safehold's website and by using the dial - in information listed below : ( 1 ) Investments in Q3 '21 include $ 21m of new forward commitments that have not yet been funded . There can be no assurance that Safehold will complete these transactions . 1114 Avenue of the Americas New York , NY 10036 T 212.930.9400 E investors@safeholdinc.com