Going into 2020, Safehold was poised for a big year. The iStar-managed ground lease real estate investment trust had just recorded a blockbuster fourth quarter that saw it break into Manhattan’s pricey office market. But the coronavirus pandemic has hit pause on those plans. Total investment in the first quarter of 2020 came out to just $77 million for ground leases under two multifamily properties and one office building, Safehold executives said on Thursday morning’s
source https://therealdeal.com/2020/04/23/safeholds-deal-pipeline-shrinks-while-incomes-hold-steady/
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