12/5/2019 | By Nareit Staff
Marcos Alvarado, president and chief investment officer at Safehold Inc. (NYSE: SAFE), participated in a video interview at Nareit’s REITworld: 2019 Annual Conference in Los Angeles.
Alvarado said Safehold has continued to prosper with its strategy focused exclusively on ground leases.
“The real estate market is obviously the largest asset class in the world, and nobody is focused on the ground lease solution today, and nobody has a nationally-scaled institutional business focused on the customer. We’re excited about the prospects going forward,” he said.
Alvarado also commented on Safehold’s strong stock performance in 2019, saying it reflected a combination of current yield, solid reoccurring growth, principal risk, and superior capital appreciation.