Safehold (NYSE: SAFE) Advances Affordable Housing Initiative in Los Angeles with New Ground Lease
- Safehold Inc. closed a ground lease for 207 affordable housing units in Woodland Hills, Los Angeles, expected by 2028.
- The company aims to enhance affordable housing availability and address the housing crisis through strategic investments.
- Safehold’s innovative ground lease model supports sustainable development while focusing on community welfare and real estate ownership transformation.
Safehold Inc. Expands Commitment to Affordable Housing in Los Angeles
Safehold Inc. (NYSE: SAFE) recently announces the successful closure of a ground lease for an Affordable Housing development in Woodland Hills, Los Angeles, California. This significant project, led by Meta Housing, aims to create 207 housing units, with completion anticipated by 2028. The collaboration underscores Safehold’s dedication to enhancing the availability of affordable housing in a region facing significant demand. Steve Wylder, Safehold's Head of Investments, highlights the partnership with Meta Housing as an exciting venture, reinforcing the critical need for affordable options in the community.
As a pioneer in the modern ground lease sector, Safehold focuses on innovative solutions that allow property owners to maximize land value while minimizing risks and enhancing returns. Since establishing a dedicated team for Affordable Housing investments in 2025, the company actively seeks opportunities to address the ongoing housing crisis across the nation. Safehold’s strategic initiatives are designed not only to generate stable income and long-term capital growth for its shareholders but also to impact the communities it serves positively. The Woodland Hills project is a testament to Safehold’s mission of transforming real estate ownership and making a meaningful contribution to the Affordable Housing landscape.
With a robust forward investment pipeline and increasing demand for ground lease capital, Safehold is well-positioned to continue its expansion within the Affordable Housing market. The company’s commitment to revolutionizing real estate ownership since the inception of the modern ground lease industry in 2017 reflects its proactive approach in responding to community needs. As it navigates this critical sector, Safehold remains focused on developing solutions that align with its long-term vision and the welfare of the communities it serves.
In addition to its recent project in Woodland Hills, Safehold is dedicated to enhancing its presence in key markets across the United States. The company’s innovative ground lease model not only supports affordable housing initiatives but also encourages sustainable real estate development. With its ongoing efforts, Safehold is set to play a pivotal role in shaping the future of real estate ownership and addressing housing challenges nationwide.
For more information about Safehold and its initiatives, visit www.safeholdinc.com.