SRG News and Press, Seritage Growth Properties Class A From 04/04/23

2023-04-04 09:24:11 ET Seritage Growth Properties ( NYSE: SRG ) said Tuesday that it generated $290.4M of gross proceeds from the sale of 27 assets since the start of 2023 . As part of its disposition update, the REIT also prepaid $230M towards its term loan reducing annua...

2023 Year to Date Gross Proceeds from Asset Sales of $290.4M $525.0 M of Pipeline from Sales Under Contract or with Accepted Offers Seritage Growth Properties (NYSE: SRG) (the “Company”), a national owner and developer of retail, residential and mixed-use propertie...

2023-03-19 03:39:11 ET Summary In our last article, we shunned the idea that Seritage shareholders had a big payday ahead. Realistic valuations suggested that the stock was trading at a fair price for liquidation and the best bullish bet was a covered call trade. We review whe...

2023-03-13 12:04:13 ET Gainers: Redfin ( RDFN ) +14% . Opendoor Technologies ( OPEN ) +10% . Avalon GloboCare ( ALBT ) +9% . eXp World Holdings ( EXPI ) +8% . Urstadt Biddle Properties ( UBA ) +8% . Losers: Seritage Growt...

2023-03-06 12:00:14 ET Gainers: Avalon GloboCare ( ALBT ) +44% . Appreciate Holdings ( SFR ) +15% . Kennedy-Wilson Holdings ( KW ) +12% . Alvarium Tiedemann Holdings ( ALTI ) +12% . Atlantic Union Bankshares ( AUB ) +10% ...

(TheNewswire) SRG Announces Positive Economic Results of Updated Feasibility Study for Lola Graphite Project Annual Production Doubled to 94,000 tpa Graphite in Concentrate Modest Increase in Capital Costs of US$185 Million Compares Favourably to Industry Average Capital I...

Summary Berkshire Hathaway's 13F stock portfolio value increased from ~$296B to ~$299B. Their largest three holdings are at ~60% of the entire portfolio. Berkshire Hathaway increased Louisiana-Pacific while decreasing US Bancorp, Bank of New York Mellon, Taiwan Semi, and McKesson Co...

Summary Seritage Growth Properties reduced its term loan balance to $800 million in early February, extending its remaining debt maturities to July 2025. Removing liquidity risk hasn't boosted Seritage stock, though, due to investors' concerns about the impact of weak macro conditions o...

Seritage Growth Properties ( NYSE: SRG ) said Friday it extended its corporate term loan to July 31, 2025 and reduced outstanding debt to $800M . The REIT prepaid $230M towards its term loan, reducing annual interest expense by ~$16.1M and outstanding principal balance to $800M. ...

Summary 2022 in review. Could something other than rates be unprecedented? Degree of difficulty when investing. Inflation thoughts and short ideas. General fund updates and medium-term growth plans. To My Partners and Friends: Black Bear Value Fund, LP (the &...