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Stock impact report

Safehold Closes Ground Lease for Affordable Multifamily Development in Orange County, California [Yahoo! Finance]

Safehold Inc. New (SAFE) 
Last safehold inc. new earnings: 4/23 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
lease to facilitate the ground-up development of The Orion, a 166-unit senior affordable community in Orange, California . The project will be developed by USA Properties Fund, an experienced developer of multifamily projects throughout California "We are very excited to establish a relationship with the USAP team, and look forward to a successful project," said Safehold's EVP, Head of Investments Steve Wylder. "Safehold's platform provides long-term, highly accretive capital, and we are thrilled to play a role in creating much-needed affordable housing with this high-quality development." 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 ge Show less Read more
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