Safehold Inc

Good morning and welcome to Safehold's fourth quarter and fiscal year 2022 earnings conference call. If you need assistance during today's call, please press star zero. If you'd like to ask a question, please press star one. That is star one to ask a question. As a reminder, today's conference is being recorded. At this time, for opening remarks and introductions, I would like to turn the conference over to Pierce Hoffman, Senior Vice President of Capital Markets and Investor Relations. Please go ahead, sir.

Good morning, everyone. Thank you for joining us today for Safehold's earnings call. On the call today, we have Jay Sugarman, Chairman and Chief Executive Officer, Marcos Alvarado, President and Chief Investment Officer, and Brett Asnes, Chief Financial Officer. This morning, we plan to walk through a presentation that details our fourth quarter and fiscal year 2022 results. The presentation can be found on our website at safeholdinc.com by clicking on the Investors link. There will be a replay of this conference call beginning at 2 p.m. Eastern time today. The dial-in for the replay is 877-481-4010 with a confirmation code 47581. Before I turn the call over to Jay, I'd like to remind everyone that statements in this earnings call which are not historical facts may be forward-looking. Our actual results may differ materially from these forward-looking statements, and the risk factors that could cause these differences are detailed in our SEC reports. Safehold disclaims any intent or obligation to update these forward-looking statements, except as expressly required by law. Now, with that, I'd like to turn it over to Chairman and CEO, Jay Sugarman. Jay?

Thanks, Pierce, and thanks to all of you for joining us today. With the merger vote now set for March 9th, we're excited to begin the next phase of Safehold's growth. and continue building our position as the leader of the modern ground lease industry. While unfavorable market conditions and the constraints of the merger process hurt our share price and investment activity in the fourth quarter, 2022 overall included many positives for our company. Strong earnings and portfolio growth, increased dialogue with customers and brokers, and initial steps to highlight the value of CARAT were all important milestones in the execution of our long-term strategy. With the benefit of a simpler, stronger, and better safehold post-merger, we look forward to getting back to work as markets re-stabilize, to delivering customers efficient capital solutions for their needs, and to improving the broader market's recognition of our company's value and growth potential. And with that, let's turn it over to Marcos and Brett to recap the quarter and the year. Marcos?