Safehold Strengthens Leadership with Key Presidential Appointment

Safehold Inc. (NYSE: SAFE), the trailblazer in modern ground lease transactions, recently announced a pivotal leadership transition set to take effect later next year. The company is thrilled to welcome Michael Trachtenberg into the role of President, with his official start date slated for December 16, 2025. This move signals Safehold’s ongoing commitment to strengthening its executive team and driving forward its innovative business model.

Trachtenberg steps into this critical position bringing with him an impressive depth of experience, cultivated over more than two decades in the real estate investment and finance sectors. His career is notably marked by significant accomplishments in capital markets, complex financial structuring, and spearheading strategic growth initiatives across various real estate platforms. It’s clear his extensive background in navigating intricate property landscapes and optimizing investment strategies will be an invaluable asset to Safehold as it continues to expand its pioneering ground lease portfolio.

Jay Sugarman, Chairman and CEO of Safehold, expressed profound confidence in the new appointment. “We couldn't be more excited to have Michael join our leadership team,” Sugarman remarked. “His deep understanding of real estate finance, coupled with a proven track record of driving operational excellence and strategic vision, makes him the ideal candidate to help steer Safehold into its next phase of growth. We believe his expertise will be instrumental as we continue to revolutionize the way real estate is financed and owned through our unique ground lease structure.”

For his part, Trachtenberg shared his enthusiasm for the upcoming challenge. “I am incredibly honored and genuinely excited to join Safehold, a company I’ve long admired for its innovative approach to real estate,” Trachtenberg stated. “The opportunity to contribute to a firm that is truly redefining an asset class is compelling. I look forward to working closely with Jay and the entire talented team to build upon Safehold's remarkable success, enhance our market position, and deliver exceptional value to our shareholders.”

As Safehold continues to cement its leadership in the modern ground lease industry, Trachtenberg’s appointment is expected to bolster the company’s executive capabilities, further refining its operational efficiencies and strengthening its strategic partnerships. The company’s unique business model offers long-term, inflation-protected income streams, and with Trachtenberg at the helm as President, Safehold is poised for continued innovation and robust market expansion in the years to come.