Seritage Growth Properties Reports First Quarter 2025 Operating Results
NEW 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 ended March 31, 2025. "The Company's strategy following the completion of a smooth CEO transition remains the same. We will continue to pursue our Plan of Sale with the priority of repaying our remaining debt from the sale of assets. Our team is focused on executing tr.
Seritage Growth Properties Reports Fourth Quarter and Full Year 2024 Operating Results
NEW 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 year ended December 31, 2024. "This quarter we have made strides to ready more assets for sale: signing critical leases, achieving partnership approvals, securing zoning and other important milestones. As a result, we anticipate that a majority of our assets, whether fully or parti.
Seritage Growth Properties Announces CEO Transition
NEW YORK--(BUSINESS WIRE)--Seritage Growth Properties (NYSE: SRG) (“Seritage” or the “Company”), a national owner and developer of retail, residential and mixed-use properties, today announced that the Seritage Board of Trustees and Andrea Olshan have agreed that Ms. Olshan will step down as Chief Executive Officer and President (CEO) and as a member of the Board effective as of April 11, 2025. The Board has appointed Board Chairman Adam Metz, an independent member of the Board since 2022, as I.
Seritage Growth Properties Makes $15 Million Loan Prepayment
NEW YORK--(BUSINESS WIRE)--Seritage Growth Properties (NYSE: SRG) (the “Company”), a national owner and developer of retail, residential and mixed-use properties, today announced that on November 27, 2024, the Company has made a voluntary prepayment of $15 million toward its $1.6 billion term loan facility provided by Berkshire Hathaway Life Insurance Company of Nebraska (“Berkshire Hathaway”). With the prepayments, the Company has now repaid a total of $1.36 billion since December 2021 and $24.
Seritage Growth Properties Reports Third Quarter 2024 Operating Results
NEW 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 and nine months ended September 30, 2024. "We have made tremendous strides in simplifying our portfolio and improving our balance sheet while maintaining and enhancing our best assets. Our near term priority is our pending term loan maturity in July 2025, and we are simultane.
Seritage Growth Properties Makes $25 Million Loan Prepayment
NEW YORK--(BUSINESS WIRE)--Seritage Growth Properties (NYSE: SRG) (the “Company”), a national owner and developer of retail, residential and mixed-use properties, today announced that on October 23, 2024, the Company has made a voluntary prepayment of $25 million toward its $1.6 billion term loan facility provided by Berkshire Hathaway Life Insurance Company of Nebraska (“Berkshire Hathaway”). With the prepayments, the Company has now repaid a total of $1.345 billion since December 2021 and $25.
SERITAGE ALERT: Bragar Eagel & Squire, P.C. is Investigating Seritage Growth Properties on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
NEW YORK, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Seritage Growth Properties (NYSE: SRG) on behalf of long-term stockholders following a class action complaint that was filed against Seritage on July 1, 2024 with a Class Period from July 7, 2022 to May 10, 2024. Our investigation concerns whether the board of directors of Seritage have breached their fiduciary duties to the company.
SRG LAWSUIT ALERT: Levi & Korsinsky Notifies Seritage Growth Properties Investors of a Class Action Lawsuit and Upcoming Deadline
NEW YORK , Sept. 3, 2024 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Seritage Growth Properties ("Seritage" or the "Company") (NYSE: SRG) of a class action securities lawsuit.
SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Seritage Growth Properties - SRG
NEW YORK, NY / ACCESSWIRE / September 1, 2024 / Pomerantz LLP announces that a class action lawsuit has been filed against Seritage Growth Properties ("Seritage" or the "Company") (NYSE:SRG). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext.
SRG LAWSUIT ALERT: Levi & Korsinsky Notifies Seritage Growth Properties Investors of a Class Action Lawsuit and Upcoming Deadline
NEW YORK, NY / ACCESSWIRE / August 30, 2024 / If you suffered a loss on your Seritage Growth Properties (NYSE:SRG) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.
SRG SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Seritage Growth Properties Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!
NEW YORK , Aug. 30, 2024 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Seritage Growth Properties ("Seritage" or "the Company") (NYSE: SRG) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Seritage securities between July 7, 2022, and May 10, 2024, inclusive (the "Class Period").
Contact Levi & Korsinsky by August 30, 2024 Deadline to Join Class Action Against Seritage Growth Properties (SRG)
NEW YORK, NY / ACCESSWIRE / August 30, 2024 / If you suffered a loss on your Seritage Growth Properties (NYSE:SRG) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.
