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Safehold Inc. Completes Merger with iStar Inc.

PUBLIC · SAFENov 03, 2026

Acquiring Company

Safehold

Acquired Company

iStar

New YorkNew YorkInformation TechnologyReal EstateReal EstateReal Estate InvestmentHospitalityCommercial Real Estate

Description

On March 31, 2023, Safehold Inc. merged with iStar Inc., resulting in iStar becoming the surviving corporation and changing its name to Safehold. This merger signifies a strategic consolidation in the real estate investment sector. The new entity, Safehold Inc., will continue to pursue its investment strategies and manage its properties through Safehold GL Holdings LLC. This merger is expected to enhance operational efficiencies and shareholder value.

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Company Information

Company

Safehold

Location

New York, New York, United States

About

Safehold Inc. is engaged in the business of acquiring, owning, and managing ground leases and is a leader in the ground lease industry. Its primary business activities involve purchasing long-term ground leases on real estate properties, allowing for income-generating opportunities. The company focuses largely on urban areas within the United States, particularly in markets like New York City, utilizing its unique approach to capitalize on rising property values. Safehold Inc. is publicly traded on the NYSE under the symbol 'SAFE,' indicating its significant presence in the real estate sector. Recently, the company has been emphasizing the expansion of its portfolio through strategic acquisitions and partnerships.

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Frequently asked

Who acquired iStar?

iStar was acquired by Safehold, based in New York. The deal was reported on November 3, 2026. Safehold Inc. is engaged in the business of acquiring, owning, and managing ground leases and is a leader in the ground lease industry. Safehold is publicly traded (SAFE) and operates in Information Technology.

When did Safehold acquire iStar?

Safehold's acquisition of iStar was reported on November 3, 2026. On March 31, 2023, Safehold Inc. merged with iStar Inc., resulting in iStar becoming the surviving corporation and changing its name to Safehold. This merger signifies a strategic consolidation in the real estate investment sector. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does iStar do?

iStar Inc. was a real estate investment trust specializing in the financing and management of real estate. The company offered services across various sectors, including ground leases, hospitality, and commercial real estate. It is privately held, operating in Real Estate, and is based in New York.

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