Safehold Secures Ground Lease for Affordable Multifamily Project in Orange County, CA
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Safehold Secures Ground Lease for Affordable Multifamily Project in Orange County, CA
Safehold, a leading real estate investment trust, has successfully finalized a ground lease agreement for an affordable multifamily development in Orange County, California. The transaction marks a significant step in providing housing solutions in the region, addressing the growing need for affordable living spaces. This strategic move underlines Safehold's commitment to supporting community development initiatives.
Key Highlights:
- Safehold secures ground lease for affordable multifamily project.
- The agreement addresses the need for affordable living spaces in Orange County.
- This initiative reflects Safehold's commitment to community development.
In conclusion, the ground lease closure signifies Safehold's dedication to fostering sustainable and accessible housing options in Orange County.