Safehold Closes on Ground Leases for Affordable in Santa Clarita, Santa Cruz

Ground lease REIT Safehold Inc. has closed on ground leases for the development of two affordable housing communities, Banana Belt Apartments at 917-923 Water St. in Santa Cruz and Creekside Commons at 27200 Sierra Hwy. in Santa Clarita. The projects will be developed by CRP Affordable Housing & Community Development, an experienced development firm and...