Latest news with #PearseHoffmannSenior
Malaysian Reserve
a day ago
- Business
- Malaysian Reserve
Safehold Declares Second Quarter 2025 Common Stock Dividend
NEW YORK, June 13, 2025 /PRNewswire/ — Safehold Inc. (NYSE: SAFE) announced today that the Company's Board of Directors has declared common stock dividends of $0.177 per share for the second quarter of 2025. The dividend represents an annualized rate of $0.708 per share and is payable on July 15, 2025 to holders of record on June 30, 2025. About Safehold:Safehold Inc. (NYSE: SAFE) is revolutionizing real estate ownership by providing a new and better way for owners to unlock the value of the land beneath their buildings. Having created the modern ground lease industry in 2017, Safehold continues to help owners of high quality multifamily, office, industrial, hospitality, student housing, life science and mixed-use properties generate higher returns with less risk. The Company, which is taxed as a real estate investment trust (REIT), seeks to deliver safe, growing income and long-term capital appreciation to its shareholders. Additional information on Safehold is available on its website at Company Contact: Pearse HoffmannSenior Vice PresidentHead of Corporate FinanceT 212.930.9400E investors@
Yahoo
12-05-2025
- Business
- Yahoo
Star Holdings Reports First Quarter 2025 Results
NEW YORK, May 12, 2025 /PRNewswire/ -- Star Holdings (NASDAQ: STHO) announced today that it has filed its Quarterly Report on Form 10-Q for the quarter ended March 31, 2025 with the Securities and Exchange Commission. Net income (loss) attributable to common shareholders for the first quarter was ($7.6 million) and earnings (loss) per share was ($0.57). These results reflect a non-cash adjustment of $3.2 million which increased earnings per share by $0.24 with respect to our investment in approximately 13.5 million shares of SAFE based on a mark-to-market at quarter end. During the first quarter, the Company recorded $5.2 million of land revenues, which was comprised of revenues from the sale of 45 lots at Magnolia Green. Subsequent to quarter end, the Company sold a land parcel in Asbury Park for approximately $14.0 million. Additionally, the Company amended its Safe Credit Facility, Margin Loan Facility and Management Agreement. In connection with these amendments, the Company's related debt maturities were extended to March 31, 2028, an approximately $15.8 million delayed-draw feature was added to the Margin Loan Facility and a $10.0 million share repurchase program was authorized. Further details regarding the Company's results of operations, assets and activities and the loan amendments are available in the Company's Form 10-Q for the quarter ended March 31, 2025 which is available for download at the Company's website or at the Securities and Exchange Commission website * * * Star Holdings' (NASDAQ: STHO) portfolio is comprised primarily of interests in the Asbury Park Waterfront, the Magnolia Green residential development projects and other commercial real estate properties and loans that are for sale or otherwise plan to be monetized. Star Holdings also owns shares of Safehold Inc. (NYSE: SAFE). Star Holdings expects to focus on realizing value for shareholders from its portfolio primarily by maximizing cash flows through active asset management and asset sales. Additional information on Star Holdings is available on its website at Company Contact: Pearse HoffmannSenior Vice PresidentHead of Corporate FinanceT 212.930.9400E investors@ View original content to download multimedia: SOURCE Star Holdings Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
30-04-2025
- Business
- Yahoo
Safehold Sets First Quarter 2025 Earnings Release Date and Webcast
NEW YORK, April 30, 2025 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE) announced today that it will release its financial results for the first quarter 2025 after the market close on Tuesday, May 6, 2025. The Company will host an earnings conference call reviewing these results and its operations beginning at 9:00 a.m. ET on Wednesday, May 7, 2025. This conference call will be broadcast live and can be accessed by all interested parties through Safehold's website, in the "Investors" section. The dial-in information for the live call is: Dial-in: 888.506.0062 International: 973.528.0011 Access Code: 101208 A replay of the call will be archived on the Company's website. Alternatively, the replay can be accessed via dial-in from 2:00 p.m. ET on Wednesday, May 7, 2025 through 12:00 a.m. ET on May 21, 2025 by calling: Replay: 877.481.4010 International: 919.882.2331 Access Code: 52368 Safehold Inc. (NYSE: SAFE) is revolutionizing real estate ownership by providing a new and better way for owners to unlock the value of the land beneath their buildings. Having created the modern ground lease industry in 2017, Safehold continues to help owners of high quality multifamily, office, industrial, hospitality, student housing, life science and mixed-use properties generate higher returns with less risk. The Company, which is taxed as a real estate investment trust (REIT), seeks to deliver safe, growing income and long-term capital appreciation to its shareholders. Additional information on Safehold is available on its website at Company Contact: Pearse HoffmannSenior Vice PresidentHead of Corporate Finance T 212.930.9400E investors@ View original content to download multimedia: SOURCE Safehold Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
