Safehold Inc.
People:
Safehold Inc. portfolio
$74.7 million* – elevator 100%; Manhattan 60%, Brooklyn 39%
712th largest portfolio by dollar value
274,354 sqft – elevator 100%;
954th largest by SF
2 properties – Manhattan 50%, Brooklyn 50%
2961th largest
291 residential units – Brooklyn 61%, Manhattan 38%
661th largest by residential units
Company Activity past 24 months:
Seller company: 1 for $10.4 million
Borrower company: 1 for $20.6 million
Top Ten Associated Companies:
John Hancock Life Insurance (4), UBS Realty Investors (2), AIG (2), Bi-Coastal Properties (1), Perella Weinberg Partners (1), Bank of America (1), New York Life Insurance Company (1), Safehold Inc. (1), Hope Street Capital (1), Northeastern Conference of Seventh-day Adventists (1)
Top Ten Associated People:
Jeffrey Elghanayan (1), Jeffrey Gershon (1), Eldeen C. King (1), Jean Stennett (1), Angelo Consentini (1), Kimberly R. Highfield (1), John Spielberger (1), David J. Gallo (1), Emily Kurtz (1), Eli Weiss (1)
Recent activity as company:
• Safehold Inc. borrowed $20.6 million from John Hancock Life Insurance for 500 West 23rd Street, Chelsea, Manhattan on August 07, 2024.
• Safehold Inc. sold 2015 Boardwalk West, Coney Island, Brooklyn for $10.4 million to Georgica Green Ventures and RiseBoro Community Partnership on July 03, 2024.
• Start Treatment & Recovery Centers, Inc. sold 22 Chapel Street, Downtown Brooklyn, Brooklyn for $48.8 million to Safehold Inc. on October 19, 2022.
• Delshah Capital and OTL Enterprises sold 22 Chapel Street, Downtown Brooklyn, Brooklyn for $10.7 million to Safehold Inc. on October 19, 2022.
• Safehold Inc. sold 959 Sterling Place, Crown Heights, Brooklyn for $28 million to Hope Street Capital on February 24, 2022.
• Northeastern Conference of Seventh-day Adventists sold 959 Sterling Place, Crown Heights, Brooklyn for $27.9 million to Safehold Inc. on February 04, 2022.
• Bi-Coastal Properties sold 138 East 38th Street, Murray Hill, Manhattan for $32.8 million to Safehold Inc. on December 01, 2021.
• Safehold Inc. sold 138 East 38th Street, Murray Hill, Manhattan for $16 million to Four Winds Real Estate on December 01, 2021.
• Joy Construction sold N/A Myrtle Avenue and 67 Prince Street, Downtown Brooklyn, Brooklyn for $33.2 million to Safehold Inc. on November 29, 2021.
• Haddad Brands sold 1164-1172 Broadway, Midtown, Manhattan for $77.5 million to Safehold Inc. on October 27, 2021.
Latest Stories:
• Michael Dell’s MSD Partners pays $200M for Safehold shares, part of $1.6B merger (April 26, 2023)
• iStar files plans for 282-unit building in Coney Island (November 02, 2022)
• Safehold pays $27.9M to Seventh-day Adventists for dev site in Crown Heights (February 07, 2022)
Properties: