#United States #Los Angeles #affordable housing #Woodland Hills #Safehold Inc.

Safehold Facilitates Ground Lease for Affordable Housing in Woodland Hills

Safehold Inc. (NYSE: SAFE), a pioneering player in the ground lease sector, has made a significant move by finalizing a ground lease for the establishment of an affordable housing community in Woodland Hills, Los Angeles, California. This development, strategically located in the Warner Center area, is set to create 207 units targeted for delivery by 2028, aimed at addressing the pressing need for affordable residences in the vicinity.

The Development Partnership

The project will be undertaken by Meta Housing, a well-regarded firm specialized in affordable housing development based in Los Angeles. Steve Wylder, Safehold’s Head of Investments, expressed enthusiasm regarding the collaboration with Meta, emphasizing the organization's commitment to engaging in high-quality developments that cater to the significant demand for affordable housing options in the area. Wylder remarked, “We’re thrilled to establish a relationship with the team at Meta, and to be a part of this high-quality development in a submarket with significant need for affordable product.”

A Growing Commitment to Affordable Housing

This initiative marks a crucial step in Safehold's strategic expansion into the affordable housing sector, which was bolstered by the establishment of a dedicated team focusing on affordable housing investments in 2025. Safehold has been dedicated to enhancing its investment portfolio, particularly in areas that exhibit a robust demand for affordable housing solutions. By providing ground lease capital, the firm aims to create more opportunities in this essential sector while increasing its investment pipeline.

The low-income tax credit development represents Safehold's efforts to respond effectively to the ongoing housing crisis in California. By engaging in partnerships that support affordable housing, the company not only generates economic returns but also has a meaningful impact on community development.

About Safehold Inc.

Founded in 2017, Safehold Inc. has revolutionized real estate ownership by introducing modern ground leases that enable property owners to unlock the value of the underlying land. The firm operates as a real estate investment trust (REIT), allowing it to focus on multifamily, affordable housing, office, industrial, hospitality, student housing, life science, and mixed-use properties, thereby providing safe and growing income for its shareholders. With its innovative approach, Safehold is committed to producing higher returns with lower risks for property owners.

The company continues to enhance its portfolio composition through investments in high-demand sectors that provide value and resilience in a dynamically shifting market.

For more information about this groundbreaking initiative in Woodland Hills, visit Safehold’s dedicated affordable housing site.

In conclusion, Safehold’s latest move in Woodland Hills epitomizes its commitment to addressing the critical issue of affordable housing through strategic partnerships and innovative financial solutions. By expanding its footprint in such vital segments, Safehold is paving the way for more sustainable communities while maximizing returns for its investors.