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Seritage Growth Pptys SEC Filings

SRG NYSE

Welcome to our dedicated page for Seritage Growth Pptys SEC filings (Ticker: SRG), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.

The Seritage Growth Properties (NYSE: SRG) SEC filings page brings together the company’s official disclosures as filed with the U.S. Securities and Exchange Commission. Seritage is a real estate company in the Lessors of Other Real Estate Property industry and has been a national owner and developer of retail, residential and mixed-use properties in the United States. Its filings provide detailed information on the execution of a shareholder-approved Plan of Sale, portfolio changes, financing arrangements and governance matters that are relevant to holders of its Class A common shares of beneficial interest and 7.00% Series A cumulative redeemable preferred shares.

Through Forms 8-K, Seritage reports material events such as entry into and closing of purchase and sale agreements for properties, including the sale of a premier asset in Aventura, Florida; voluntary prepayments on its senior secured term loan facility with Berkshire Hathaway Life Insurance Company of Nebraska; the exercise of an option to extend the term loan’s maturity; and declarations of cash dividends on the Series A preferred shares. Other 8-K filings furnish press releases covering quarterly and annual operating results, giving context to net loss figures, net operating income on a cash basis at share, impairment charges and liquidity.

Filings also describe governance and compensation developments, including amendments to executive employment arrangements, retention and bonus structures tied to the ongoing Plan of Sale, and changes in senior leadership such as CEO transitions. In addition, Seritage discloses litigation matters, including a securities class action and multiple derivative actions alleging issues related to internal controls and projected gross proceeds of certain real estate assets, along with the types of relief sought.

On Stock Titan, these SEC documents are updated as they are posted to EDGAR, and AI-powered summaries can help explain the key points of lengthy 8-Ks, 10-Qs and 10-Ks in plain language. Users can quickly locate quarterly and annual reports, monitor new 8-K event disclosures, and review information that may affect SRG’s capital structure, asset base and corporate governance.

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Seritage Growth Properties announced that it voluntarily prepaid $20 million on its $1.6 billion senior secured term loan facility dated July 31, 2018.

Following this payment, the company has repaid $1.55 billion on the facility since December 2021, leaving $50 million outstanding and reducing its total annual interest expense on the term loan by approximately $1.4 million. The current report is an amendment filed mainly to correct a typographical error in the header of a previously filed exhibit and does not alter the substantive disclosure.

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Seritage Growth Properties announced a voluntary prepayment of $20 million on its $1.6 billion senior secured term loan facility with Berkshire Hathaway Life Insurance Company of Nebraska. This move continues the company’s multi‑year debt reduction effort.

Since December 2021, Seritage has repaid a total of $1.55 billion under the Term Loan Agreement, leaving $50 million outstanding. The latest prepayment is expected to lower the company’s total annual interest expense related to this facility by approximately $1.4 million, reducing ongoing financing costs and strengthening its balance sheet.

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Seritage Growth Properties updated executive employment terms as it continues its plan of sale. The Compensation Committee approved an amendment for Chief Operating Officer Eric Dinenberg that creates a six‑month retention period from March 16, 2026 to September 15, 2026, instead of an automatic one‑year renewal. His total compensation and benefits under this shorter term, excluding a potential additional bonus, are about 50% of what a full one‑year renewal would have provided.

Mr. Dinenberg’s annual salary and target bonus increase by 5%, and he is eligible for a $434,109 retention bonus, paid one‑third on July 15, 2026 and two‑thirds on September 15, 2026, if he remains employed. If he stays through the end of the term, he also receives a $173,643 cash award in lieu of 2026 equity and a $245,479 prorated bonus. He may earn an additional $1,000,000 bonus if a change of control or sale of substantially all assets is agreed during the term and closes by 12 months after the term. The company also effectively extended Chief Legal Officer Matthew Fernand’s term by one year beginning March 16, 2026.

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Seritage Growth Properties completed the sale of its Aventura, Florida property to Boulevard Step Ventures LLC for $131.0 million, less a credit for unpaid leasing costs as of closing. The transaction closed on November 25, 2025 under a previously signed purchase and sale agreement.

On the same date, the company announced a voluntary prepayment of $130 million on its $1.6 billion senior secured term loan facility with Berkshire Hathaway Life Insurance Company of Nebraska, funded from recent property sale proceeds including the Aventura sale. Seritage has now repaid $1.53 billion on this facility since December 2021, leaving $70 million outstanding, and expects its annual interest expense on the term loan to decline by approximately $9.2 million.

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Seritage Growth Properties (SRG) furnished an 8-K announcing it issued a press release with financial results for the three and nine months ended September 30, 2025. The press release is included as Exhibit 99.1.

The company states the information under Item 2.02, including Exhibit 99.1, is furnished under General Instruction B.2 and is not deemed “filed” under the Exchange Act, nor incorporated by reference except as specifically set forth in future filings.

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Seritage Growth Properties (SRG) filed its quarterly report for the period ended September 30, 2025. The company reported a Q3 net loss of $12,422, narrower than the prior year, on total revenue of $4,785 driven by higher rental income of $4,603. Expenses fell year over year and included interest expense of $5,290 and an impairment of $800.

Cash and restricted cash totaled $59,872 at quarter end, with net operating cash outflows of $33,742 for the nine months. Asset sales generated $51,560 of proceeds year to date, supporting a $40,000 repayment on the term loan. The unpaid principal balance of the Term Loan Facility was $200,000, maturing on July 31, 2026. Assets classified as held for sale were $141,447, and total assets declined to $558,610 from $677,774 at year-end.

The filing discloses substantial doubt about the company’s ability to continue as a going concern. As of November 13, 2025, four consolidated properties were under contract for aggregate gross proceeds of $240,8 million, though a portion with contingencies isn’t considered in the analysis. Shares outstanding were 56,324,607 as of November 13, 2025.

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Seritage Growth Properties declared a cash dividend of $0.4375 per share on its 7.00% Series A Cumulative Redeemable Preferred Shares.

The dividend will be paid on January 15, 2026 to holders of record as of December 31, 2025. This notice pertains to the company’s preferred shares and outlines the amount, record date, and payment date for the upcoming distribution.

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Edward S. Lampert, a director of Seritage Growth Properties (SRG), reported two open-market sales of Class A common shares on 09/09/2025 and 09/11/2025. The first sale disposed of 40,000 shares at $4.4037 per share and the second disposed of 23,864 shares at $4.5044 per share, leaving the reporting person with 13,420,298 Class A shares after the second transaction. The filing notes that the reporting person may be deemed to beneficially own an additional 3,492 shares held by each of two family trusts, though he disclaims beneficial ownership except to the extent of any pecuniary interest. The Form 4 is signed by Edward S. Lampert and provides the required Section 16 disclosure of these sales.

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FAQ

What is the current stock price of Seritage Growth Pptys (SRG)?

The current stock price of Seritage Growth Pptys (SRG) is $3.55 as of January 15, 2026.

What is the market cap of Seritage Growth Pptys (SRG)?

The market cap of Seritage Growth Pptys (SRG) is approximately 199.4M.
Seritage Growth Pptys

NYSE:SRG

SRG Rankings

SRG Stock Data

199.39M
36.62M
41.14%
46.61%
9.89%
Real Estate Services
Real Estate
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United States
NEW YORK