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Asher Adams, Autograph Collection hotel in Salt Lake City, Utah – Image Credit Safehold
Safehold Inc. (NYSE: SAFE) has closed on the acquisition of an existing ground lease beneath the Asher Adams hotel in Downtown Salt Lake City. Developed through a partnership between The Athens Group and Hatteras Sky, the 225-key, full-service hotel was completed in 2024 and operates as part of Marriott’s Autograph Collection.
“This is a high-quality asset and location in a strong and still improving hospitality market,” said Steve Wylder, Safehold’s Head of Investments. “We’re excited to add this position to our nearly $7 billion portfolio of ground leases throughout the U.S.”
Safehold’s diversified portfolio now stands at 150 ground leases across the country. Asher Adams neighbors The Gateway, a 40-acre mixed-use development consisting of retail, office and residential uses. The luxury-lifestyle hotel is also adjacent to the Delta Center, home of the NBA’s Utah Jazz and NHL’s Utah Mammoth.
Asher Adams, Autograph Collection hotel in Salt Lake City, Utah – Image Credit Safehold
Safehold Inc. (NYSE: SAFE) has closed on the acquisition of an existing ground lease beneath the Asher Adams hotel in Downtown Salt Lake City. Developed through a partnership between The Athens Group and Hatteras Sky, the 225-key, full-service hotel was completed in 2024 and operates as part of Marriott’s Autograph Collection.
“This is a high-quality asset and location in a strong and still improving hospitality market,” said Steve Wylder, Safehold’s Head of Investments. “We’re excited to add this position to our nearly $7 billion portfolio of ground leases throughout the U.S.”
Safehold’s diversified portfolio now stands at 150 ground leases across the country. Asher Adams neighbors The Gateway, a 40-acre mixed-use development consisting of retail, office and residential uses. The luxury-lifestyle hotel is also adjacent to the Delta Center, home of the NBA’s Utah Jazz and NHL’s Utah Mammoth.
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It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy.
The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making
The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy.
It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution
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