Safehold Inc.
(Safehold)
Lender
1114 Avenue of the Americas Fl 39 New York, NY
People:
Safehold Inc. NYC portfolio
$268.6 million -office 82%, elevator 17%; Manhattan 100%*
870th largest portfolio by dollar value
1,083,382 sqft – office 89%, elevator 10%; Manhattan 100%
494th largest by SF
2 properties – Manhattan 100%
3793th largest
111 residential units – Manhattan 100%
1806th largest by residential units
Notes
Safehold Inc. owns ground leased fee positions. iStar Inc. ceased to exist in 2023 after merging into its subsidiary, Safehold Inc. (NYSE: SAFE), which survives as a pure-play commercial ground lease business. iStar’s remaining non-ground lease real estate assets and loans were spun off into Star Holdings, a separate entity focused on liquidating those legacy investments.
Company Activity past 24 months:
Borrower company: 1 for $167 million
Developer (new building or major alteration): 1 for 819,817 square feet
Top Ten Associated Companies:
John Hancock Life Insurance (4), AIG (2), Hope Street Capital (1), BentallGreenOak (1), Bank of America (1), Georgica Green Ventures (1), RiseBoro Community Partnership (1), Four Winds Real Estate (1), Goldman Sachs (1), Barclays (1)
Top Ten Associated People:
Jeffrey Gershon (1), Kimberly R. Highfield (1), David J. Gallo (1), Emily Kurtz (1), Joshua Landau (1), Suraj Dash (1)
Recent activity as company:
• Safehold Inc. for Elisha Blechner filed plans for major alteration for 819,817 sqft in Midtown West, Manhattan, on May 12, 2026.
• Safehold Inc. and Melohn Group borrowed $167 million from Goldman Sachs, Barclays and Morgan Stanley for 1 Financial Square on May 05, 2025.
• Safehold Inc. borrowed $20.6 million from John Hancock Life Insurance for 219 10 Avenue on July 24, 2024.
• Safehold Inc. sold West 21 street for $10.4 million to Georgica Green Ventures and RiseBoro Community Partnership on June 25, 2024.
• Delshah Capital and OTL Enterprises sold None for $10.7 million to Safehold Inc. on August 31, 2022.
• Start Treatment & Recovery Centers, Inc. sold None for $48.8 million to Safehold Inc. on August 31, 2022.
• Safehold Inc. ground leased None valued at $28 million to Hope Street Capital on January 20, 2022.
• Northeastern Conference of Seventh-day Adventists sold None for $27.9 million to Safehold Inc. on January 20, 2022.
• Bi-Coastal Properties sold 138 East 38 Street for $32.8 million to Safehold Inc. on November 22, 2021.
• Safehold Inc. ground leased 138 East 38 Street valued at $16 million to Four Winds Real Estate on November 22, 2021.
Latest Stories:
• Yucaipa signs $93M refi with QIA for two properties in NoMad (December 05, 2025)
• Michael Dell’;s MSD Partners pays $200M for Safehold shares, part of $1.6B merger (April 26, 2023)
Properties: