Earnings summaries and quarterly performance for Seaport Entertainment Group.
Executive leadership at Seaport Entertainment Group.
Board of directors at Seaport Entertainment Group.
Research analysts who have asked questions during Seaport Entertainment Group earnings calls.
Recent press releases and 8-K filings for SEG.
Seaport Entertainment Group Completes Sale of 250 Water Street Development Project
SEG
M&A
- Seaport Entertainment Group (SEG) has successfully completed the sale of the mixed-use development project located at 250 Water Street.
- The project was sold for $143.0 million to Tavros, a privately owned real estate investment management and development firm.
- The 250 Water Street site, originally acquired by SEG's former parent, Howard Hughes Holdings, in June 2018, is entitled for a 26-story mixed-use building.
13 hours ago
Seaport Entertainment Group Reports Q3 2025 Results, Updates on 250 Water Street Sale, and Leadership Transition
SEG
Earnings
Management Change
New Projects/Investments
- Seaport Entertainment Group reported Q3 2025 consolidated revenues of $45.1 million, a 1% year-over-year increase on a pro forma basis, while the non-GAAP adjusted net loss attributable to common stockholders improved by 71% to $7.2 million.
- The company provided an update on the sale of 250 Water Street, with the sale price increasing to $152 million and an outside closing date of December 15th.
- Operational highlights include the Rooftop at Pier 17 ranking 7th globally by gross ticket sales among venues of its size, hosting 35 concerts in Q3, and the announcement of new tenants Flanker Kitchen and Sports Bar and Hidden Boot Saloon occupying over 14,000 sq ft.
- Matt Partridge has been appointed CEO, and Lena Eliwat is serving as Interim CFO.
Nov 11, 2025, 1:30 PM
Seaport Entertainment Group Reports Q3 2025 Results, Announces Leadership Changes and Asset Sale
SEG
Earnings
CEO Change
New Projects/Investments
- Seaport Entertainment Group (SEG) reported Q3 2025 consolidated revenues of $45.1 million, a 1% year-over-year increase on a pro forma basis, and a net loss attributable to common stockholders of $33.2 million.
- The company is selling the 250 Water Street development project for $152 million, with an anticipated closing by December 15th, which is expected to improve historical cash burn by more than $7 million.
- Matt Partridge was appointed President and CEO, and Lena Eliwat as Interim CFO, with a strategic focus on financial discipline, capital deployment, and optimizing operating models to achieve profitability.
- The Rooftop at Pier 17 was ranked seventh globally by gross ticket sales among venues of its size in Q3 2025, hosting 35 concerts with an 86% sell-through rate. New venues like Flanker Kitchen and Sports Bar are slated to open in the back half of 2026.
Nov 11, 2025, 1:30 PM
Seaport Entertainment Group Reports Q3 2025 Results, Announces Asset Sale and Leadership Changes
SEG
Earnings
CEO Change
CFO Change
- Seaport Entertainment Group reported a 14.3% increase in total revenues to $45.05 million for Q3 2025, and a 15.2% increase to $100.92 million for the nine months ended September 30, 2025, compared to the prior year periods.
- The company's Net Loss Attributable to Common Stockholders per share improved to ($2.61) for Q3 2025 from ($5.89) in Q3 2024, and to ($6.29) year-to-date 2025 from ($20.21) year-to-date 2024.
- Seaport Entertainment Group entered into an agreement to sell its 250 Water Street development site for $150.5 million.
- Matt Partridge was appointed President and Chief Executive Officer, and Lenah Elaiwat was appointed Interim Chief Financial Officer.
- The company uplisted to the NYSE from the NYSE American and was added to the Russell 2000 Index and Russell Microcap Index.
Nov 10, 2025, 10:25 PM
Quarterly earnings call transcripts for Seaport Entertainment Group.
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