Welcome to our dedicated page for Seritage Growth Properties news (Ticker: SRG), a resource for investors and traders seeking the latest updates and insights on Seritage Growth Properties stock.
Seritage Growth Properties reports developments tied to its Plan of Sale, asset monetization and capital structure. The company is a national owner and developer of retail, residential and mixed-use properties, and its updates commonly address property sales, operating results, risk factors, and repayments under its senior secured term loan facility.
Recurring company news also includes shareholder voting matters, governance updates, material agreements and other capital-structure disclosures. Seritage’s releases frame the transition from property ownership and redevelopment toward the sale of remaining assets and repayment of debt.
Seritage Growth Properties (NYSE: SRG) reported Q2 2026 net loss attributable to common shareholders of $7.4 million ($0.13 per share), compared with $29.7 million ($0.53 per share) in Q2 2025. For the first half of 2026, net loss was $38.9 million ($0.69 per share) versus $53.2 million ($0.94 per share) a year earlier.
During Q2 2026, Seritage generated $11.0 million of gross proceeds from selling one vacant asset, and subsequently closed a $3.0 million sale plus an $8.9 million distribution from an unconsolidated entity. It also entered a $50.8 million option PSA for a Dallas premier asset, with additional monthly option payments.
Post‑quarter, the company refinanced with a new $15.0 million term loan and a $25.0 million revolving facility, using proceeds and cash to repay a $50.0 million term loan. As of June 30, 2026, Seritage had $62.9 million in cash (including $14.4 million restricted), and continues executing its shareholder‑approved Plan of Sale amid challenging market conditions.
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Seritage Growth Properties (NYSE: SRG) announced a voluntary prepayment of $20.0 million toward its $1.6 billion term loan facility provided by Berkshire Hathaway Life Insurance Company of Nebraska. With this payment, the company has repaid a total of $1.55 billion since December 2021, leaving $50 million outstanding on the facility.
The current prepayment is expected to reduce Seritage’s annual interest expense on the term loan by approximately $1.4 million, and the cumulative repayments since December 2021 have lowered annual interest expense by about $110.0 million.
Seritage Growth Properties (NYSE: SRG) announced a voluntary prepayment of $130.0 million toward its $1.6 billion term loan facility provided by Berkshire Hathaway Life Insurance Company of Nebraska. The prepayment was funded from proceeds of recent property sales, including the sale of the Aventura, FL property.
With this payment, Seritage has repaid a total of $1.53 billion since December 2021, leaving $70 million outstanding. The current prepayment reduces Seritage’s annual interest expense on the term loan by approximately $9.2 million, and cumulative repayments since December 2021 have lowered annual interest expense by about $108.6 million.
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Seritage Growth Properties (NYSE:SRG), a national real estate developer, reported Q2 2025 financial results with significant progress in its Plan of Sale strategy. The company generated $31.1 million in gross proceeds from asset sales and has three additional assets under contract for anticipated proceeds of $109.8 million.
Key financial metrics include cash on hand of $80.1 million as of June 30, 2025, and a net loss of ($29.7) million or ($0.53) per share. The company successfully extended its Term Loan Facility maturity to July 31, 2026, after making a $40 million principal repayment and paying $8 million in extension fees.
The company is currently negotiating sales agreements for five additional assets with potential proceeds of $226.4 million. Portfolio performance shows strong occupancy with 92% leased space in Multi-Tenant retail properties and significant leasing progress in Premier Mixed-Use assets.