Earnings summaries and quarterly performance for Seritage Growth Properties.
Executive leadership at Seritage Growth Properties.
Board of directors at Seritage Growth Properties.
Research analysts covering Seritage Growth Properties.
Recent press releases and 8-K filings for SRG.
Seritage Growth Properties Makes $20 Million Loan Prepayment
SRG
- On December 4, 2025, Seritage Growth Properties made a voluntary prepayment of $20.0 million toward its term loan facility with Berkshire Hathaway Life Insurance Company of Nebraska.
- This prepayment brings the total amount repaid since December 2021 to $1.55 billion, leaving $50 million outstanding on the term loan facility.
- The current prepayment is expected to reduce Seritage's total annual interest expense related to the term loan facility by approximately $1.4 million, contributing to a cumulative reduction of approximately $110.0 million in annual interest expense since December 2021.
Dec 4, 2025, 10:05 PM
Seritage Growth Properties Sells Aventura Property and Makes $130 Million Loan Prepayment
SRG
- Seritage Growth Properties (SRG) completed the sale of its Aventura, Florida property for a purchase price of $131.0 million on November 25, 2025.
- The company made a voluntary prepayment of $130.0 million toward its term loan facility, reducing the outstanding balance to $70.0 million as of November 25, 2025.
- This prepayment is expected to reduce the company's total annual interest expense related to the term loan facility by approximately $9.2 million, contributing to a cumulative reduction of approximately $108.6 million since December 2021.
Nov 25, 2025, 10:30 PM
Seritage Growth Properties Reports Q3 2025 Operating Results
SRG
Earnings
Legal Proceedings
M&A
- Seritage Growth Properties reported a net loss attributable to common shareholders of ($13.6) million, or ($0.24) per share, for the third quarter of 2025, with NOI-cash basis at share of $1.6 million. For the nine months ended September 30, 2025, the net loss was ($66.8) million, or ($1.19) per share.
- As of September 30, 2025, the company had cash on hand of $59.9 million. The maturity date of the Term Loan Facility was extended to July 31, 2026, after paying a $4.0 million extension fee.
- As of November 13, 2025, four assets are under contract for anticipated gross proceeds of $240.8 million, with $170.0 million from three assets having no due diligence contingencies. Additionally, the company is negotiating agreements for three joint venture assets, which could result in anticipated gross distributions of approximately $47.3 million.
- The estimated gross sales proceeds for assets not yet under contract or in PSA negotiation are $220 - $310 million as of November 13, 2025. The company is also involved in multiple class action and derivative lawsuits alleging federal securities law violations and breach of fiduciary duty.
Nov 14, 2025, 10:15 PM
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