Exhibit 99.2 Safehold Q3'24 Earnings Results Q3'24 Summary afehold | --- | --- | --- | --- | --- | --- | |-------------|--------------------------------------------------------------------------|---------------------------------------------|-------------|----------------------|--------------------| | 3 \nMarkets | New Originations $104m $72m1 3 Ground Leases \n3 \nSponsors (2 New) | $32mª 1 Leasehold Loan \n100% \nMultifamily | 4 \nMarkets | JV Buyout® $69m² 9 Ground Leases ° \n6 \nSponsors | 100% \nMultifa ...

NEW YORK, Oct. 28, 2024 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE) reported results for the third quarter 2024. SAFE published a presentation detailing these results which can be found on its website, www.safeholdinc.com in the "Investors" section. Highlights from the earnings announcement include: Q3'24 revenue was $90.7 million Q3'24 net income attributable to common shareholders was $19.3 million, or $26.1 million excluding the portion of the quarter's non-cash general provision for credit losses on prio ...

Provo, Utah, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Champion Safe Company (www.championsafe.com) ("Champion"), a subsidiary of American Rebel Holdings, Inc. (NASDAQ: AREB) ("American Rebel") is excited to announce the reintroduction of the SAFE GUARD®, brand, with the launch of two new models designed to meet the evolving needs of cost-conscious consumers: the Sport 20 and BTC 12. Champion Safe Company has been producing industry-leading gun safes with American-made steel since 1999 and their dedication to manuf ...

NEW YORK, Oct. 22, 2024 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE) announced today that it will release its financial results for the third quarter 2024 after the market close on Monday, October 28, 2024. The Company will host an earnings conference call reviewing these results and its operations beginning at 9:00 a.m. ET on Tuesday, October 29, 2024. This conference call will be broadcast live and can be accessed by all interested parties through Safehold's website, www.safeholdinc.com, in the "Investors" ...

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NEW YORK, Sept. 13, 2024 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE) announced today that the Company's Board of Directors has declared common stock dividends of $0.177 per share for the third quarter of 2024. The dividend represents an annualized rate of $0.708 per share and is payable on October 15, 2024 to holders of record on September 30, 2024. About Safehold: Safehold Inc. (NYSE: SAFE) is revolutionizing real estate ownership by providing a new and better way for owners to unlock the value of the land ...

Safehold Inc. Notes to Consolidated Financial Statements (unaudited) Redeemable Noncontrolling Interests—In February 2022, the Company sold 108,571 Caret units (refer to Note 12) for $19.0 million to third-party investors and received a commitment from an existing shareholder (which is affiliated with one of the Company's independent directors) for the purchase of 28,571 Caret units for $5.0 million (which did not close). As part of the sale, the Company agreed to use commercially reasonable efforts to prov ...

7. Honolulu (4%) – 2 Assets (4.7x, 39%) Note: Figures in thousands except for per share amounts. a. For the three and six months ended June 30, 2024, general and administrative expenses were partially offset by $4.4 million and $9.9 million of management fees, respectively, which are included in "Other income." 9 Safehold | The Ground Lease Company | July 2024 APPENDIX 2H'18: a. Management was granted up to 15% of the then-authorized Caret units under this plan. b. In connection with Feb'22 sale, we were ob ...

Financial Data and Key Metrics Changes - For Q2 2024, revenue was $89.9 million, net income was $29.7 million, and earnings per share (EPS) was $0.42, an increase of $0.07 year-over-year driven by asset-related revenue growth and G&A savings [40][41] - The company reported a GLTV of 48% and rent coverage of 3.6 times at quarter end, indicating stable credit metrics [36][55] - The total portfolio was valued at $6.5 billion, with UCA estimated at $9.1 billion [36] Business Line Data and Key Metrics Changes - The company originated six multifamily ground leases totaling $98 million, with five in affordable housing and one in student housing [10] - Economic yield for new originations was reported at 7.5%, while existing commitments had a yield of 6.4% [37] - The ground lease portfolio has grown 19 times since the IPO, with a significant increase in exposure to multifamily assets from 8% to 57% [38] Market Data and Key Metrics Changes - The multifamily sector remains the primary focus, with limited opportunities in other asset types [7] - The company noted that valuations were impacted by higher cap rate assumptions and challenging office market fundamentals [8] - The top 10 markets represent approximately 70% of the portfolio, with stable GLTV and rent coverage metrics [54][55] Company Strategy and Development Direction - The company aims to capitalize on potential lower interest rates to stimulate transaction activity and enhance market engagement [6][7] - A new $2 billion unsecured revolving credit facility was established to improve financial flexibility and lower borrowing costs [12] - The company is focused on maximizing long-term value through strategic ground lease investments in well-located institutional quality assets [38][86] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about increasing transaction activity as market clarity improves and potential rate cuts are anticipated [49][108] - The company is positioned to leverage its liquidity to deliver value to customers and expects rate cuts to benefit both earnings and valuations [49][124] - Management emphasized the importance of maintaining a competitive edge through efficient capital structures and strong credit metrics [75][141] Other Important Information - The company has implemented an active hedging strategy, with $500 million of SOPR swaps in place, saving approximately $3 million in cash interest per quarter [35] - The G&A target for 2024 has been revised to $38 million due to recent efficiency improvements [42] - The commercial paper program was introduced as a short-term funding alternative, with potential interest savings compared to the revolving credit facility [34][62] Q&A Session Summary Question: What does the pipeline look like for the next three to six months? - Management indicated optimism about increasing transaction flow, particularly in the multifamily sector, as market conditions improve [59][80] Question: Can you comment on the impact of the commercial paper program? - The commercial paper program is viewed as a cost-saving alternative rather than additional leverage, with a full dollar-for-dollar backstop from the revolver [104] Question: How does the company decide which acquisitions go on balance sheet versus the JV? - The JV has first look at potential acquisitions, with no specific asset classes excluded, but metrics guide the decision [102] Question: What are the expectations for future origination volumes? - Management believes that the market opportunity is significant, with a target of $1 billion in annual origination as the business matures [140][141] Question: How does the company view competition in the market? - The company has not seen significant competition due to its unique structure and investment-grade ratings, which provide a competitive advantage [156]

The reported revenue represents a surprise of +0.96% over the Zacks Consensus Estimate of $89.04 million. With the consensus EPS estimate being $0.38, the EPS surprise was +7.89%. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Operating lease income: $16.69 million compared to the $16.91 million average estimate based on five analysts. The reported number repr ...