Safehold Closes Ground Leases for Six Affordable Housing Projects in Los Angeles

Reuters

Nov 05, 2025

<a href="https://laohu8.com/S/SAFE">Safehold</a> Closes Ground Leases for Six Affordable Housing Projects in Los Angeles

$Safehold Inc(SAFE-W)$. has closed ground leases for the development of six affordable housing communities in Los Angeles, California. The projects, developed by HVN Development, will provide over 400 units across West and Central Los Angeles and the San Fernando Valley. These affordable housing developments are supported by Low-Income Tax Credits and are expected to be completed by 2027. Safehold's 99-year ground lease capital is being used to help move these projects forward, addressing significant demand for affordable housing in high-quality infill locations.

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: NY08227) on November 04, 2025, and is solely responsible for the information contained therein.

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