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Safehold forms joint venture with Brookfield on ground lease portfolio valued at about $348 million

PUBT·06/11/2026 20:06:50
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Safehold forms joint venture with Brookfield on ground lease portfolio valued at about $348 million
  • Safehold formed a joint venture with a Brookfield affiliate on a diversified U.S. ground lease portfolio.
  • Brookfield will buy a non-controlling 49% stake at a gross valuation of approximately $348 million.
  • Portfolio generates about $14 million in current annualized cash ground rent.
  • Safehold retains call options starting after year 7 to repurchase Brookfield’s interest.
  • Net proceeds earmarked for debt repayment, general corporate purposes.


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: NY81816) on June 11, 2026, and is solely responsible for the information contained therein.