Safehold reported a 5% year-over-year increase in revenue, reaching $89.9 million. Net income attributable to common shareholders increased by 34% year-over-year to $29.7 million, and earnings per share rose by 20% year-over-year to $0.42. The company closed six new ground leases for $98 million and established a $750 million unsecured commercial paper note program.
Revenue increased by 5% year-over-year to $89.9 million.
Net income attributable to common shareholders increased by 34% year-over-year to $29.7 million.
Earnings per share increased by 20% year-over-year to $0.42.
Closed six new ground leases for $98 million, bringing the total aggregate portfolio to 143 ground leases and $6.5 billion.
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