Inc (NYSE:SAFE) priced an underwritten public offering of 3,000,000 shares of its common stock for total proceeds of about USD84m gross, it stated on Thursday.
Inc., is in contract to buy the land under 425 Park Avenue as part of a flurry of deals in its aggressive push into the ground lease sector.
reported that it has closed on two previously announced Safehold
ground leases underlying office buildings in New York, NY and Austin, TX totaling approximately $140 million, bringing the aggregate portfolio to $1.3 billion.
As the founder, investment manager and largest shareholder of Safehold
Prominent office deals over the last quarter include Ricoh USA signing a 55,893-square-foot lease in Parsippany; the LeFrak Organization selling 570 Washington Boulevard in Jersey City to iStar and iStar's affiliate, Safehold
; and Toys R Us selling their former corporate headquarters building in Wayne.
Carrier: Lexington, Hartford, Zurich, Safehold
, Markel, Ironshore, Vault
It includes the Insurance Brokerage and Consulting, Employee Benefits and Property & Casualty national practices of WFIS, along with its Safehold
Special Risk, Small Business Insurance, Student Insurance, Individual Health and Private Risk Management Insurance business lines.
USI Insurance Services has entered into an agreement with Wells Fargo & Company to purchase Wells Fargo Insurance Services USA (WFIS), which includes its insurance brokerage and consulting, employee benefits and property & casualty national practices, along with safehold
special risk, small business insurance, student insurance, individual health and private risk management insurance business lines.
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