Safehold Inc. Finalizes Ground Lease for Florida Multifamily Property Recapitalization with JT Capital

Reuters

06-03

$Safehold Inc(SAFE-W)$. Finalizes Ground Lease for Florida Multifamily Property Recapitalization with JT Capital

Safehold Inc. $(SAFE)$, a leader in the modern ground lease industry, has successfully closed a ground lease to support the recapitalization of a 336-unit multifamily property located in Florida's Space Coast. This transaction marks Safehold's 18th deal in Florida and its first collaboration with JT Capital, a Texas-based investment management firm. The agreement includes a leasehold loan and a long-term ground lease, providing JT Capital with access to lower-cost, long-term capital. Tim Doherty, Safehold's Chief Investment Officer, expressed enthusiasm for establishing a partnership with JT Capital and expanding their ground lease operations. Emily Jones, Vice President at Safehold, highlighted their commitment to delivering tailored capital structures and unlocking value efficiently.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Safehold Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NY97027) on June 02, 2025, and is solely responsible for the information contained therein.

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