SERITAGE GWTH PR.A DL-,01

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.» Mehr auf businesswire.com

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.» Mehr auf businesswire.com

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.» Mehr auf globenewswire.com