This document summarizes the business strategy and past performance of SAFE, Ltd., a commercial real estate investment partnership. SAFE targets government-leased properties and acquires them using fixed-rate, non-recourse loans for 60-80% of the purchase price. Each property is owned by a separate LLC. Past funds have achieved annual cash-on-cash returns of 6-12% and have provided consistent cash flow to investors. The document outlines several example properties and funds, and projections suggest SAFE investments outperform treasury notes and mutual funds over 10 years.