Safehold Inc. (NYSE:SAFE) Q4 2023 Earnings Conference Call February 13, 2024 9:00 AM ET

Company Participants

Pearse Hoffmann - Senior Vice President, Capital Markets and Investor Relations

Jay Sugarman - Chairman and Chief Executive Officer

Brett Asnas - Chief Financial Officer

Tim Doherty - Chief Investment Officer

Conference Call Participants

Nate Crossett - BNP

Anthony Paolone - JPMorgan

Stephen Laws - Raymond James

Mitch Germain - Citizens JMP

Harsh Hemnani - Green Street

Rich Anderson - Wedbush

Kelly Kunath - Morgan Stanley

Kenneth Lee - RBC Capital Markets

Matt Howlett - B. Riley

Operator

Good morning and welcome to Safehold’s Fourth Quarter and Fiscal Year 2023 Earnings Conference Call. [Operator Instructions] As a reminder, today’s conference is being recorded. At this time, for opening remarks and introductions, I would like to turn the conference over to Pearse Hoffmann, Senior Vice President of Capital Markets and Investor Relations. Please go ahead, sir.

Pearse Hoffmann

Good morning, everyone. Thank you for joining us today for Safehold’s earnings call. On the call, we have Jay Sugarman, Chairman and Chief Executive Officer; Brett Asnas, Chief Financial Officer; and Tim Doherty, Chief Investment Officer.

This morning, we plan to walk through a presentation that details our fourth quarter and fiscal year 2023 results. The presentation can be found on our website at safeholdinc.com by clicking on the Investors link. There will be a replay of this conference call beginning at 2 p.m. Eastern Time today. The dial-in for the replay is 877-481-4010 with a confirmation code of 49838. [Operator Instructions]

Before I turn the call over to Jay, I’d like to remind everyone that statements in this earnings call which are not historical facts maybe forward-looking. Our actual results may differ materially from these forward-looking statements and the risk factors that could cause these differences are detailed in our SEC reports. Safehold disclaims any intent or obligation to update these forward-looking statements except as expressly required by law.

Now, with that, I’d like to turn it over to Chairman and CEO, Jay Sugarman. Jay?

Jay Sugarman

Thanks, Pearse and thank you to everyone for joining us today. It’s a new year and we want to make it a good one with a clear focus and the expectation of a more favorable interest rate backdrop. If the consensus is correct and rates begin to finally fall this year, we are optimistic that we can return to solid growth in EPS, restart the deal in capital market engines, and recapture the interest that was building in Caret.