San Antonio, TX, September 8, 2026 —

Safehold Inc. has announced the closing of an affordable housing ground lease transaction in San Antonio, Texas. The company, which specializes in ground leases, has entered into this agreement to support the development and preservation of affordable housing.

Details regarding the specific property, including its location within San Antonio, the number of housing units involved, or the timeline for development and occupancy, were not immediately available. The contractor responsible for the project and any partners involved in this specific transaction were also not disclosed in the provided information.

Affordable housing initiatives are a critical component of urban development, aiming to provide accessible and stable housing options for individuals and families across various income levels. Ground leases, a core business of Safehold, involve leasing land to developers or property owners for a long-term period, allowing them to build and operate on the land while the landowner retains ownership of the land itself. This structure can facilitate the development of projects that might otherwise face financial hurdles.

The financial terms of the ground lease, including the lease duration and any associated payments, were not disclosed. Similarly, specific details concerning the affordability criteria for the housing units, such as the target income brackets or the percentage of units designated as affordable, were not provided. Information regarding any permitting processes, inspections, or regulatory approvals related to this specific development was also not made public.

Safehold’s involvement in this San Antonio project underscores a broader trend of investment in the affordable housing sector. The company’s commitment, as indicated by this transaction, is to facilitate the creation or maintenance of housing that meets community needs. Further details about the project’s scope and impact are anticipated as development progresses.



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