Safehold reports Q1 EPS 40c, consensus 44c

Reports Q1 revenue $110.9M, consensus $98.81M. “Safehold (SAFE) delivered a solid quarter of investment activity and UCA growth, highlighted by our first LIHTC closing in Texas,” said Jay Sugarman, Chairman and Chief Executive Officer. “We are encouraged by how the pipeline is developing and remain focused on serving our customers and creating value for our shareholders.”