MARKET COMPOSITE
SRG - Seritage Growth Properties8:00:01 PM 4/24/2024
Price
$9.43
-0.05 (-0.53%)
Seritage Growth Properties is a publicly-traded, self-administered and self-managed REIT with 166 wholly-owned properties and 29 unconsolidated properties totaling approximately 30.4 million square feet of space across 44 states and Puerto Rico. The Company was formed to unlock the underlying real estate value of a high-quality retail portfolio it acquired from Sears Holdings in July 2015. The Company's mission is to create and own revitalized shopping, dining, entertainment and mixed-use destinations that provide enriched experiences for consumers and local communities, and create long-term value for our shareholders.
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Stock news

    Management decided to throw in the towel, but this company's asset value could be far more than its stock price.

    NEW YORK, April 01, 2024--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, 2023.

    In this piece, we will take a look at the 11 best REIT stocks to buy under $10. If you want to skip our overview and introduction to the real estate industry then you can take a look at the 5 Best REIT Stocks To Buy Under $10. The real estate industry has become one […]

    Seritage Growth Properties (NYSE:SRG) stands out as an innovative real estate investment opportunity, particularly intriguing for its indirect ties to the dynamic world of Elon Musk’s ventures. Seritage, known for repurposing and redeveloping retail spaces into mixed-use developments, finds itself in a unique position to capitalize on the commercial real estate needs of cutting-edge companies, including those led by Musk, such as Tesla (NASDAQ:TSLA) and SpaceX. Don't Miss: Investing in real esta

    NEW YORK, January 30, 2024--Seritage Growth Properties (NYSE: SRG) (the "Company"), a national owner and developer of retail, residential and mixed-use properties, today announced that on January 30, 2024, the Company made a voluntary prepayment of $30 million toward its $1.6 billion term loan facility provided by Berkshire Hathaway Life Insurance Company of Nebraska ("Berkshire Hathaway").

    REITs could be excellent buys this year. If analyst forecasts are to be believed, then interest rates could be reduced soon, with some economists predicting it could happen as early as June this year. Falling interest rates are great news for REITs. Not only does it reduce the interest payments for the debts of these companies, but falling rates also decrease the price and demand for bonds. As bonds become less attractive, REITs move into the center stage as yield-hungry investors seek alternati

    While it may not be enough for some shareholders, we think it is good to see the Seritage Growth Properties ( NYSE:SRG...

    SRG Focuses on Balance Sheet Strength and Portfolio Optimization

    NEW YORK, November 08, 2023--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, 2023.

    NEW YORK, September 26, 2023--Seritage Growth Properties (NYSE: SRG) (the "Company"), a national owner and developer of retail, residential and mixed-use properties, today announced that on September 26, 2023, the Company made a voluntary prepayment of $80 million toward its $1.6 billion term loan facility provided by Berkshire Hathaway Life Insurance Company of Nebraska ("Berkshire Hathaway").