Private company

Safehold Inc. /MD

American Lessors of Real Property company, incorporated in Maryland.

Last updated Oct 18, 2026.

Overview

IndustryLessors of Real Property, NEC
HeadquartersMD
Incorporated inMD²
Business address1114 Avenue Of The Americas, New York, Ny 10036²
Filer categoryLarge accelerated filer²

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2022

50.2%Operating margin³

50.1%Net margin³

44.5%Revenue growth, 2022³

6.3%Return on equity³

1.64×Debt to equity³

Where the money goes

Where each dollar of revenue went, fiscal 2022

InterestProfit

Cost of revenue1¢$3.1M
Other costs1¢$2.8M
Interest48¢$129.0M
Profit50¢$135.4M

Out of $270.3M in revenue.³

Where each dollar of operating cash went, fiscal 2022

Dividends paidKept or used elsewhere

Dividends paid65¢$42.2M
Kept or used elsewhere35¢$22.7M

Out of $64.9M of cash from operations.³

Financial statements

Revenue⁴⁵³$270.3M in 2022+444% since 2018

Operating income⁴⁵³$135.6M in 2022+1036% since 2018

Net income⁶⁴⁵³$135.4M in 2022+1947% since 2016

Fiscal year	2016	2018	2019	2020	2021	2022
Revenue		$49.7M⁴	$93.4M⁵	$155.4M³	$187.0M³	$270.3M³
Cost of revenue		$1.6M⁴	$2.7M⁵	$2.5M³	$2.7M³	$3.1M³
Operating income		$11.9M⁴	$36.1M⁵	$56.2M³	$65.5M³	$135.6M³
Interest		$15.4M⁴	$29.9M⁵	$64.4M³	$79.7M³	$129.0M³
Net income	$6.6M⁶	$11.7M⁴	$27.7M⁵	$59.3M³	$73.1M³	$135.4M³
Earnings per share		$0.64⁴	$0.89⁵	$1.17³	$1.35³	$2.21³
Earnings per share (diluted)		$0.64⁴	$0.89⁵	$1.17³	$1.35³	$2.21³

Total assets¹⁰¹¹⁴⁵³$5.9B in 2022+703% since 2017

Total liabilities¹⁰¹¹⁴⁵³$3.7B in 2022+889% since 2017

Shareholders’ equity¹⁰¹¹⁴⁵³$2.1B in 2022+1290% since 2016

Cash¹¹⁵³$20.1M in 2022−88% since 2017

Long-term debt⁶¹⁰¹¹⁴⁵³$3.5B in 2022

Fiscal year	2016	2017	2018	2019	2020	2021	2022
Cash		$168.2M¹¹	$16.4M¹¹	$22.7M⁵	$56.9M³	$29.6M³	$20.1M³
Total assets		$728.5M¹⁰	$979.7M¹¹	$2.6B⁴	$3.2B⁵	$4.5B³	$5.9B³
Long-term debt	$0⁶	$307.1M¹⁰	$544.0M¹¹	$1.4B⁴	$1.7B⁵	$2.7B³	$3.5B³
Total liabilities		$372.6M¹⁰	$622.4M¹¹	$1.5B⁴	$1.8B⁵	$2.8B³	$3.7B³
Shareholders’ equity	$154.1M¹⁰	$355.9M¹⁰	$355.4M¹¹	$1.1B⁴	$1.4B⁵	$1.7B³	$2.1B³
Shares outstanding		18.2M shares¹⁰	18.3M shares¹¹	47.8M shares⁴	53.2M shares⁵	56.6M shares³	62.4M shares³

Cash from operations⁴⁵³$64.9M in 2022+379% since 2018

Dividends paid⁴⁵³$42.2M in 2022+286% since 2018

Fiscal year	2017	2018	2019	2020	2021	2022
Cash from operations		$13.5M⁴	-$2.0M⁵	$35.7M³	$26.9M³	$64.9M³
Dividends paid		$10.9M⁴	$16.6M⁵	$32.0M³	$35.9M³	$42.2M³
Dividend per share	$0.31⁶	$0.60⁴	$0.62⁵	$0.64³	$0.67³	$0.70³

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Leadership

Who has led Safehold Inc. /MD, and when. Pick a name to see everywhere that person has worked.

Chief financial officer

Chief operating officer

Geoffrey G. Jervis2017–2018

20202025

Chief executive officerJay Sugarman Jun 21, 2017 to Dec 23, 2020¹²
ChairJay Sugarman Jun 21, 2017 to Dec 23, 2020¹²
PresidentMarcos Alvarado Aug 10, 2018 to Sep 13, 2019¹³
Chief financial officerBrett Asnas Feb 24, 2022 to Feb 24, 2022¹⁴
Chief financial officerJeremy Fox-Geen Jul 16, 2020 to Jul 16, 2020¹⁵
Chief financial officerAndrew C. Richardson Apr 2, 2018 to Apr 2, 2018¹⁶
Chief financial officerGeoffrey G. Jervis Jun 21, 2017 to Feb 22, 2018¹⁷
Chief operating officerGeoffrey G. Jervis Jun 21, 2017 to Feb 22, 2018¹⁷

Board members and other officers (8)

Chief Accounting OfficerGarett Rosenblum Feb 25, 2021 to Feb 25, 2021¹⁸
Chief Investment OfficerMarcos Alvarado Feb 27, 2018 to May 1, 2018¹⁹
Board memberJesse Hom Dec 27, 2021 to Dec 27, 2021²⁰
Board memberDean S. Adler Jun 21, 2017 to Jun 7, 2022²¹
Board memberJay S. Nydick Jun 27, 2017 to Jun 7, 2022²²
Board memberRobin Josephs Jun 27, 2017 to Jun 7, 2022²³
Board memberStefan M. Selig Jun 27, 2017 to Jun 7, 2022²⁴
General counselNina Matis Jun 21, 2017 to May 1, 2018²⁵

Former names

Safehold Inc.Feb 26, 2019 to Apr 4, 2023²
Safety, Income & Growth, Inc.Dec 12, 2016 to Feb 21, 2019²
Safety Income & Growth REIT, Inc.Nov 9, 2016 to Dec 23, 2016²

Timeline

Jun 21, 2017New chief executive Jay Sugarman becomes CEO¹²

Filings

155 filings to the SEC since October 2021: 3 annual reports, 4 quarterly reports, 28 major events, 88 insider forms, 5 large holders, 27 other. The latest 20:

Feb 13, 2024SC 13G/A SCHEDULE 13G/A EDGAR
Apr 10, 202315-12G EDGAR
Apr 6, 2023SC 13G EDGAR
Apr 4, 2023EFFECT EDGAR
Apr 4, 2023SC 13D/A SCHEDULE 13D, AMENDMENT NO. 1 EDGAR
Apr 4, 20234 FORM 4 SUBMISSION EDGAR
Mar 31, 2023POS AM EDGAR
Mar 31, 2023S-8 POS EDGAR
Mar 31, 2023POSASR EDGAR
Mar 31, 20238-K EDGAR
Mar 30, 202310-K/A EDGAR
Mar 9, 20238-K EDGAR
Mar 9, 2023425 EDGAR
Mar 3, 2023425 EDGAR
Mar 2, 20238-K EDGAR
Feb 15, 202310-K EDGAR
Feb 15, 20234 EDGAR
Feb 15, 2023425 EDGAR
Feb 14, 20238-K EDGAR
Feb 14, 20238-K EDGAR

The 155 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last three years, summarized. The full record is on SEC EDGAR.

Insider trades and holders

Large holders

Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 5 such filings since October 2021:

Feb 13, 2024SC 13G/A
Apr 6, 2023SC 13G
Apr 4, 2023SC 13D/A
Feb 9, 2023SC 13G
Dec 27, 2021SC 13D

From Forms 4 and Schedules 13D and 13G filed with the SEC.

Sources

The numbers on this page point here. Each one links to the record it came from.

1
SEC EDGARSafehold Inc. /MD filings on SEC EDGAR
2
SEC EDGARSafehold Inc. /MD filings on SEC EDGAR
3
SEC EDGARSafehold Inc. /MD 10-K for fiscal 2022
4
SEC EDGARSafehold Inc. /MD 10-K for fiscal 2018
5
SEC EDGARSafehold Inc. /MD 10-K for fiscal 2019
6
SEC EDGARSafehold Inc. /MD 10-K for fiscal 2016
7
SEC EDGARSafehold Inc. /MD 10-Q for fiscal 2022
8
SEC EDGARSafehold Inc. /MD 10-Q for fiscal 2022
9
SEC EDGARSafehold Inc. /MD 10-Q for fiscal 2022
10
SEC EDGARSafehold Inc. /MD 10-K for fiscal 2017
11
SEC EDGARSafehold Inc. /MD 10-K for fiscal 2018
12
SEC EDGARJay Sugarman, Chief executive officer
13
SEC EDGARMarcos Alvarado, President
14
SEC EDGARBrett Asnas, Chief financial officer
15
SEC EDGARJeremy Fox-Geen, Chief financial officer
16
SEC EDGARAndrew C. Richardson, Chief financial officer
17
SEC EDGARGeoffrey G. Jervis, Chief financial officer
18
SEC EDGARGarett Rosenblum, Chief Accounting Officer
19
SEC EDGARMarcos Alvarado, Chief Investment Officer
20
SEC EDGARJesse Hom, Board member
21
SEC EDGARDean S. Adler, Board member
22
SEC EDGARJay S. Nydick, Board member
23
SEC EDGARRobin Josephs, Board member
24
SEC EDGARStefan M. Selig, Board member
25
SEC EDGARNina Matis, General counsel