Articles from Seritage Growth Properties
Seritage Growth Properties Makes $15 Million Loan Prepayment
Seritage Growth Properties (NYSESRG) (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”).
By Seritage Growth Properties · Via Business Wire · December 2, 2024
Seritage Growth Properties Reports Third Quarter 2024 Operating Results
Seritage Growth Properties (NYSESRG) (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.
By Seritage Growth Properties · Via Business Wire · November 12, 2024
Seritage Growth Properties Makes $25 Million Loan Prepayment
Seritage Growth Properties (NYSESRG) (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”).
By Seritage Growth Properties · Via Business Wire · October 23, 2024
Seritage Growth Properties Reports Second Quarter 2024 Operating Results
Seritage Growth Properties (NYSESRG) (the “Company”), a national owner and developer of retail, residential and mixed-use properties today reported financial and operating results for the three and six months ended June 30, 2024.
By Seritage Growth Properties · Via Business Wire · August 14, 2024
Seritage Growth Properties Reports First Quarter 2024 Operating Results
Seritage Growth Properties (NYSESRG) (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, 2024.
By Seritage Growth Properties · Via Business Wire · May 10, 2024
Seritage Growth Properties Makes $50 Million Loan Prepayment
Seritage Growth Properties (NYSESRG) (the “Company”), a national owner and developer of retail, residential and mixed-use properties, today announced that between April 23, 2024 and April 24, 2024, the Company has made voluntary prepayments aggregating $50 million toward its $1.6 billion term loan facility provided by Berkshire Hathaway Life Insurance Company of Nebraska (“Berkshire Hathaway”).
By Seritage Growth Properties · Via Business Wire · April 24, 2024
Seritage Growth Properties Reports Fourth Quarter and Full Year 2023 Operating Results
Seritage Growth Properties (NYSESRG) (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.
By Seritage Growth Properties · Via Business Wire · April 1, 2024
Seritage Growth Properties Makes $30 Million Loan Prepayment
Seritage Growth Properties (NYSESRG) (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”).
By Seritage Growth Properties · Via Business Wire · January 30, 2024
Seritage Growth Properties Reports Third Quarter 2023 Operating Results
Seritage Growth Properties (NYSESRG) (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.
By Seritage Growth Properties · Via Business Wire · November 8, 2023
Seritage Growth Properties Makes $80 Million Loan Prepayment
Seritage Growth Properties (NYSESRG) (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”).
By Seritage Growth Properties · Via Business Wire · September 26, 2023
Seritage Growth Properties Reports Second Quarter 2023 Operating Results
Seritage Growth Properties (NYSESRG) (the “Company”), a national owner and developer of retail, residential and mixed-use properties today reported financial and operating results for the three and six months ended June 30, 2023.
By Seritage Growth Properties · Via Business Wire · August 14, 2023
Seritage Growth Properties Makes $50 Million Loan Prepayment
Seritage Growth Properties (NYSESRG) (the “Company”), a national owner and developer of retail, residential and mixed-use properties, today announced that on June 7, 2023, the Company made a voluntary prepayment of $50 million toward its $1.6 billion term loan facility provided by Berkshire Hathaway Life Insurance Company of Nebraska (“Berkshire Hathaway”).
By Seritage Growth Properties · Via Business Wire · June 8, 2023
Seritage Growth Properties Makes $200 Million Loan Prepayment
Seritage Growth Properties (NYSESRG) (the “Company”), a national owner and developer of retail, residential and mixed-use properties, today announced that on May 25, 2023, the Company made a voluntary prepayment of $200 million toward its $1.6 billion term loan facility provided by Berkshire Hathaway Life Insurance Company of Nebraska (“Berkshire Hathaway”).
By Seritage Growth Properties · Via Business Wire · May 30, 2023
Seritage Growth Properties Reports First Quarter 2023 Operating Results
Seritage Growth Properties (NYSESRG) (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, 2023.
By Seritage Growth Properties · Via Business Wire · May 10, 2023
Seritage Growth Properties Provides Update on Q1 2023 Transaction Activity
Seritage Growth Properties (NYSESRG) (the “Company”), a national owner and developer of retail, residential and mixed-use properties, today provided an update on the Company’s disposition activity through the end of Q1 2023.
By Seritage Growth Properties · Via Business Wire · April 4, 2023
Seritage Growth Properties Reports Fourth Quarter and Full Year 2022 Operating Results
Seritage Growth Properties (NYSESRG) (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, 2022.
By Seritage Growth Properties · Via Business Wire · March 14, 2023
SRG 2022 Year End Business Update
Seritage Growth Properties (NYSESRG) (the “Company”), a national owner and developer of retail, residential and mixed-use properties, today provided an update on the Company’s disposition activity and the two-year extension of the Company’s corporate term loan.
By Seritage Growth Properties · Via Business Wire · February 2, 2023
Seritage Growth Properties Makes $30 Million Loan Prepayment
Seritage Growth Properties (NYSESRG) (the “Company”), a national owner and developer of retail, residential and mixed-use properties, today announced that on December 29, 2022, 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”).
By Seritage Growth Properties · Via Business Wire · January 3, 2023
Seritage Growth Properties Makes $100 Million Loan Prepayment
Seritage Growth Properties (NYSESRG) (the “Company”), a national owner and developer of retail, residential and mixed-use properties, today announced that on November 30, 2022, the Company made a voluntary prepayment of $100 million toward its $1.6 billion term loan facility provided by Berkshire Hathaway Life Insurance Company of Nebraska (“Berkshire Hathaway”).
By Seritage Growth Properties · Via Business Wire · December 1, 2022
Seritage Growth Properties Reports Third Quarter 2022 Operating Results
Seritage Growth Properties (NYSESRG) (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, 2022.
By Seritage Growth Properties · Via Business Wire · November 9, 2022
Seritage Growth Properties Makes $110 Million Loan Prepayment
Seritage Growth Properties (NYSESRG) (the “Company”), a national owner and developer of retail, residential and mixed-use properties, today announced that on October 28, 2022, the Company made a voluntary prepayment of $110 million toward its $1.6 billion term loan facility provided by Berkshire Hathaway Life Insurance Company of Nebraska (“Berkshire Hathaway”).
By Seritage Growth Properties · Via Business Wire · October 31, 2022
Seritage Growth Properties Makes $70 Million Loan Prepayment
Seritage Growth Properties (NYSESRG) (the “Company”), a national owner and developer of 150 retail, residential and mixed-use properties, today announced that on September 30, 2022, the Company made a voluntary prepayment of $70 million toward its $1.6 billion term loan facility provided by Berkshire Hathaway Life Insurance Company of Nebraska (“Berkshire Hathaway”).
By Seritage Growth Properties · Via Business Wire · October 3, 2022
Seritage Growth Properties Reports Second Quarter 2022 Operating Results
Seritage Growth Properties (NYSESRG) (the “Company”), a national owner and developer of 150 retail, residential and mixed-use properties today reported financial and operating results for the three and six months ended June 30, 2022.
By Seritage Growth Properties · Via Business Wire · August 9, 2022
Seritage Growth Properties Makes $100 Million Loan Prepayment
Seritage Growth Properties (NYSESRG) (the “Company”), a national owner and developer of 161 retail, residential and mixed-use properties, today announced that on August 5, 2022, the Company made a voluntary prepayment of $100 million toward its $1.6 billion term loan facility provided by Berkshire Hathaway Life Insurance Company of Nebraska (“Berkshire Hathaway”).
By Seritage Growth Properties · Via Business Wire · August 8, 2022
Seritage Growth Properties Files Preliminary Proxy Materials
Seritage Growth Properties (NYSESRG) (the “Company”), a national owner and developer of 161 retail, residential and mixed-use properties, today filed its preliminary proxy materials with the U.S. Securities and Exchange Commission (“SEC”) in connection with the Company’s 2022 Annual Meeting of Shareholders.
By Seritage Growth Properties · Via Business Wire · July 7, 2022
Seritage Growth Properties Reports First Quarter 2022 Operating Results
Seritage Growth Properties (NYSESRG) (the “Company”), a national owner and developer of 161 retail, residential and mixed-use properties today reported financial and operating results for the three months ended March 31, 2022.
By Seritage Growth Properties · Via Business Wire · May 10, 2022
Seritage Growth Properties Signs 123,000 Square Foot Lease with Amazon at The Collection at UTC
Seritage Growth Properties (NYSESRG) (the “Company”) a national owner and developer of 170 residential and mixed-use properties, and Invesco Real Estate, a global real estate investment manager, today announced Amazon.com, Inc. NASDAQ: AMZNNASDAQAMZN)
By Seritage Growth Properties · Via Business Wire · May 3, 2022
Seritage Growth Properties Appoints Three New Members to Its Board of Trustees
Seritage Growth Properties (NYSESRG) (the “Company” or “Seritage”), a national owner and developer of 170 residential, retail and mixed-use properties, today announced the appointment of Talya Nevo-Hacohen, Mitchell Sabshon and Mark Wilsmann to its Board of Trustees, effective immediately.
By Seritage Growth Properties · Via Business Wire · April 28, 2022
Seritage Growth Properties Announces Termination of REIT Election
Seritage Growth Properties (NYSESRG) (the “Company”), a national owner and developer of 162 retail, residential and mixed-use properties, today announced that its Board of Trustees has approved a plan to terminate its election to be treated as a Real Estate Investment Trust (“REIT”) for tax purposes and to convert the Company to a C corporation. The termination of the REIT election will be retroactively effective as of January 1, 2022. The Company has received all necessary approvals to terminate its election.
By Seritage Growth Properties · Via Business Wire · March 31, 2022
Seritage Growth Properties Reports Fourth Quarter and Full Year 2021 Operating Results
Seritage Growth Properties (NYSESRG) (the “Company”), a national owner and developer of 162 retail, residential and mixed-use properties today reported financial and operating results for the quarter and year ended December 31, 2021.
By Seritage Growth Properties · Via Business Wire · March 15, 2022
Seritage Growth Properties Appoints John Garilli as Interim CFO
Seritage Growth Properties (NYSESRG) (the “Company”), a national owner and developer of 170 retail, residential and mixed-use properties, today announced that John Garilli, an existing consultant to the Company and former CEO of New York REIT, has been appointed interim Chief Financial Officer. He will assume this position on a full-time basis upon Amanda Lombard’s departure, effective January 14, 2022.
By Seritage Growth Properties · Via Business Wire · January 7, 2022
Seritage Growth Properties Makes $160 Million Loan Prepayment
Seritage Growth Properties (NYSESRG) (the “Company”), a national owner and developer of 170 retail, residential and mixed-use properties, today announced that on December 31, 2021, the Company made a voluntary prepayment of $160 million toward its $1.6 billion term loan facility provided by Berkshire Hathaway Life Insurance Company of Nebraska (“Berkshire Hathaway”).
By Seritage Growth Properties · Via Business Wire · January 4, 2022
Seritage Growth Properties Promotes Eric Dinenberg to Chief Operating Officer
Seritage Growth Properties (NYSESRG) (the “Company”), a national owner and developer of 170 retail, residential and mixed-use properties, today announced that Eric Dinenberg, Executive Vice President of Development and Construction at Seritage, has been promoted to Chief Operating Officer, effective January 1, 2022.
By Seritage Growth Properties · Via Business Wire · December 22, 2021
Seritage Growth Properties Announces Amendment to Senior Secured Term Loan Agreement
Seritage Growth Properties (NYSESRG) (the “Company”), a national owner and developer of 170 retail, residential and mixed-use properties, today announced an amendment to Seritage Growth Properties L.P.’s and the Company’s Senior Secured Term Loan Agreement (the “Agreement”) with Berkshire Hathaway Life Insurance Company of Nebraska for the $1.6 billion term loan facility previously announced on July 31, 2018.
By Seritage Growth Properties · Via Business Wire · November 29, 2021
Seritage Growth Properties Reports Third Quarter 2021 Operating Results
Seritage Growth Properties (NYSESRG) (the “Company”), a national owner and developer of 170 retail, residential and mixed-use properties today reported financial and operating results for the three and nine months ended September 30, 2021.
By Seritage Growth Properties · Via Business Wire · November 2, 2021
Seritage Growth Properties Announces Third Quarter 2021 Earnings Release Date
Seritage Growth Properties (NYSESRG) announced today that it will release its third quarter 2021 financial and operating results in a press release on Tuesday, November 2, 2021, after the market close.
By Seritage Growth Properties · Via Business Wire · October 25, 2021
Seritage Growth Properties Announces Grand Opening of The Collection at UTC
Seritage Growth Properties (NYSESRG) and Invesco Real Estate announced today the official opening of The Collection at UTC in La Jolla, California with the grand opening of its first tenant, Pacific Catch. The project will have rolling openings of tenants throughout the fourth quarter of 2021 and the first quarter of 2022, including CB2, Blue Bottle Coffee, Ideal Image, Madison Reed and more. The Collection at UTC is 88% leased or under active lease negotiations.
By Seritage Growth Properties · Via Business Wire · October 18, 2021
Seritage Growth Properties Reports Second Quarter 2021 Operating Results
Seritage Growth Properties (NYSESRG) (the “Company”), a national owner of 172 retail and mixed-use properties totaling approximately 24.9 million square feet of gross leasable area (“GLA”), today reported financial and operating results for the three and six months ended June 30, 2021.
By Seritage Growth Properties · Via Business Wire · August 9, 2021
Seritage Growth Properties Announces Second Quarter 2021 Earnings Release Date
Seritage Growth Properties (NYSESRG) announced today that it will release its second quarter 2021 financial and operating results in a press release on Monday, August 9, 2021.
By Seritage Growth Properties · Via Business Wire · August 4, 2021
Seritage Growth Properties Reports First Quarter 2021 Operating Results
Seritage Growth Properties (NYSESRG) (the “Company”), a national owner of 179 retail and mixed-use properties totaling approximately 26.0 million square feet of gross leasable area (“GLA”), today reported financial and operating results for the three months ended March 31, 2021.
By Seritage Growth Properties · Via Business Wire · April 29, 2021
Seritage Growth Properties Announces Promotions and Organizational Restructuring
Seritage Growth Properties (NYSESRG) today announced that the Company will reorganize its operations following an initial asset-by-asset analysis led by recently appointed Chief Executive Officer and President, Andrea Olshan.
By Seritage Growth Properties · Via Business Wire · April 21, 2021
Seritage Growth Properties Announces First Quarter 2021 Earnings Release Date
Seritage Growth Properties (NYSESRG) announced today that it will release its first quarter 2021 financial and operating results in a press release on Thursday, April 29, 2021, after the market close.
By Seritage Growth Properties · Via Business Wire · April 19, 2021