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Home AEC Safehold Closes $45MM Ground Lease for Pacific Companies’ 256-Unit Affordable Project in Soquel
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Safehold Closes $45MM Ground Lease for Pacific Companies’ 256-Unit Affordable Project in Soquel

June 25, 20263 Mins read440
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Safehold deployed its land-ownership model into one of the nation's costliest rental markets, closing a $45 million ground lease that helps capitalize a 256-unit affordable housing community rising on a long-vacant lot at 41st Avenue and Soquel Drive in unincorporated Santa Cruz County. Safehold Inc., the New York firm that has built the modern ground […]

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