Safehold closes two California affordable housing ground leases for 570 units

Safehold Inc.

Safehold Inc.

SAFE

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  • Safehold closed two California ground leases in June to finance LIHTC affordable housing developments totaling 570 units.
  • Projects are in the Simi Valley area of Ventura County, California, and the San Ysidro area of San Diego County, California.
  • The Pacific Companies will develop both communities, extending a repeat-customer relationship for Safehold’s affordable housing platform.
  • Tax credit equity support comes from U.S. Bank for one project, Wells Fargo for the other.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Safehold Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NY02170) on July 14, 2026, and is solely responsible for the information contained therein.

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