Seritage Growth Properties Makes $20 Million Loan Prepayment
SRGNEW YORK--(BUSINESS WIRE)--Seritage Growth Properties (NYSE: SRG) (the “Company”), a national owner and developer of retail, residential and mixed-use properties, announced that today the Company has made a voluntary prepayment of $20.0 million toward its $1.6 billion term loan facility provided by Berkshire Hathaway Life Insurance Company of Nebraska (“Berkshire Hathaway”). With the prepayment, the Company has now repaid a total of $1.55 billion since December 2021 and $50 million of the term
Seritage Growth Properties Reports Second Quarter 2025 Operating Results
SRGNEW YORK--(BUSINESS WIRE)--Seritage Growth Properties (NYSE: SRG) (the “Company”), a national owner and developer of retail, residential and mixed-use properties today reported financial and operating results for the three months and six months ended June 30, 2025. "We exercised our option and extended the maturity date of our Term Loan Facility which should allow us to execute sales at appropriate pricing and timing to help maximize value for our shareholders. Additionally, we are pleased to r
Seritage Growth Properties Makes $40 Million Loan Prepayment
SRGNEW YORK--(BUSINESS WIRE)--Seritage Growth Properties (NYSE: SRG) (the “Company”), a national owner and developer of retail, residential and mixed-use properties, announced that today the Company has made a voluntary prepayment of $40 million toward its $1.6 billion term loan facility provided by Berkshire Hathaway Life Insurance Company of Nebraska (“Berkshire Hathaway”). With the prepayment, the Company has now repaid a total of $1.4 billion since December 2021 and $200 million of the term lo
Seritage Growth Props Q1 EPS $(0.42) Down From $(0.36) YoY, Sales $4.60M Down From $5.77M YoY
SRGSeritage Growth Properties Q4 EPS $(0.22) Down From $0.08 YoY
SRGSeritage Growth Properties Announces CEO Andrea Olshan's Departure And Appointment Of Adam Metz As Interim CEO And President, Effective April 11, 2025
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