Every material Form 8-K Safehold filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Safehold disclosed an estimated $9,867 million of unrealized capital appreciation (UCA) in its owned residual portfolio as of September 30, 2026, calculated as Combined Property Value of $16,812 million less Ground Lease Cost of $6,945 million. The filing is a valuation disclosure that sets out the methodology and limitations, with no prior-period comparison, so it does not show a clear change in direction for shareholders.
Estimated UCA in the owned residual portfolio: $9,867 million as of September 30, 2026
Combined Property Value: $16,812 million; Ground Lease Cost: $6,945 million
Independent valuation firm CBRE, Inc. prepares the property value reports; the company intends to value each Ground Lease about every 12 months and no less often than every 24 months
CBRE states its reports do not specifically value Safehold's securities
Safehold reported third-quarter 2026 revenue of $118.7 million, up 23% from $96.2 million a year earlier. GAAP net income attributable to common shareholders was $28.8 million, down 2% from $29.3 million, and earnings per share were flat at $0.41. The company attributed the flat results mainly to net accretion from fundings and new originations, offset by lower management fee revenue from Star Holdings and higher non-cash general provisions.
Q3 2026 revenue was $118.7 million versus $96.2 million in Q3 2025, a 23% increase.
Q3 2026 GAAP net income attributable to common shareholders was $28.8 million versus $29.3 million, a 2% decrease.
Q3 2026 earnings per share were $0.41, unchanged from Q3 2025.
New ground lease originations totaled $38 million in the quarter, and estimated Unrealized Capital Appreciation rose to $9.9 billion.
Safehold reported second-quarter 2026 revenue of $114.6 million, up 22% from $93.8 million a year earlier, and net income attributable to common shareholders of $30.2 million, or $0.42 per share, compared with $27.9 million and $0.39 a year earlier. The company also reported $150 million of new ground lease originations, a $348 million joint venture with Brookfield, and a $225 million private placement of notes due 2056, and said estimated unrealized capital appreciation rose to $9.8 billion.
Revenue was $114.6 million, up 22% from $93.8 million in Q2 2025
Net income attributable to common shareholders was $30.2 million, up 8% from $27.9 million; EPS was $0.42 vs. $0.39
Closed $150 million of new ground lease originations, including $81 million of forward commitments not yet funded
Formed a $348 million joint venture with Brookfield and closed a $225 million private placement of notes due 2056
At its May 14, 2026 annual meeting, Safehold shareholders approved an amendment adding 3,000,000 shares to the 2009 Long-Term Incentive Plan, raising the pool available for grants from 481,936 to 3,481,936 shares. Shareholders also elected five directors, ratified Deloitte & Touche LLP as auditor for fiscal 2026, and approved the non-binding say-on-pay vote on executive compensation.
The LTIP amendment passed with 51,930,524 votes for and 5,442,192 against.
Say-on-pay was approved with 52,785,014 votes for and 4,626,664 against.
Deloitte & Touche LLP was ratified for the fiscal year ending December 31, 2026, with 61,679,849 votes for and 317,557 against.
Five directors were elected to serve until the 2027 Annual Meeting; the filing does not state a change in board composition.
Safehold reported first-quarter 2026 revenue of $110.9 million, up 13% from $97.7 million a year earlier. GAAP net income attributable to common shareholders fell 2% to $28.9 million, and earnings per share fell from $0.41 to $0.40, because the company cited a net impact from the Park Hotels portfolio and a lower management fee. The filing gives no guidance.
Q1 2026 revenue was $110.9 million, up 13% from $97.7 million in Q1 2025.
GAAP net income attributable to common shareholders was $28.9 million, down 2% from $29.4 million; EPS was $0.40 versus $0.41.
Excluding non-recurring losses in the prior-year quarter, EPS was $0.40 versus $0.44, down 8%.
Q1 2026 originations totaled $68 million, and estimated unrealized capital appreciation rose to $9.5 billion.
Safehold reported fourth-quarter and full-year 2025 results on February 11, 2026. Quarterly revenue rose 7% to $97.9 million and GAAP earnings per share rose 8% to $0.39, though a $2.2 million loss on early debt extinguishment reduced results. The company also reported a credit rating upgrade to A- from S&P and a $400 million unsecured term loan.
Q4 2025 revenue was $97.9 million, up from $91.9 million in Q4 2024; full-year revenue was $385.6 million, up from $365.7 million.
Q4 2025 GAAP EPS was $0.39 versus $0.36 a year earlier; excluding non-recurring losses, EPS was $0.42.
Full-year 2025 GAAP EPS was $1.59 versus $1.48 in 2024; excluding non-recurring losses, EPS was $1.65.
S&P upgraded Safehold to A-, and the company closed a $400 million 5-year unsecured term loan.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Safehold filing is on SEC EDGAR ↗. 8-K briefs of other companies →