SRG News and Press, Seritage Growth Properties Class A From 04/28/22

Ms. Nevo-Hacohen, Mr. Sabshon and Mr. Wilsmann Each Brings Decades of Experience and Relevant Expertise Seritage Growth Properties (NYSE:SRG) (the “Company” or “Seritage”), a national owner and developer of 170 residential, retail and mixed-...

Judge Drain appointed three mediators to help settle the litigation against Seritage by Sears. Sears wants the prior $40 million settlement declared null and void. Many investors seem to be ignoring the potential large liability that Seritage faces because of the alleged fraudulen...

Seritage was a $40 stock pre-COVID with a price predicated on years of hard work that would be needed to reposition and re-develop assets to achieve that valuation. The largest shareholder (Eddie Lampert) initiated an SEC filing in November 2021, when shares ranged from $14.50 to $17,...

After back-to-back negative return months at the start of the year, REITs began the recovery process in March with a +4.93% total return. Large cap (+6.83%), small cap (+5.48%) and mid cap REITs (+5.31%) outperformed, whereas micro caps (-4.30%) fell sharply. 86.71% of REIT securi...

Judge Drain appointed three mediators to help resolve the litigation against Eddie Lampert on April 6. Sears Holdings is still short over $62 million to be able to exit Ch.11 bankruptcy. Judge Drain is retiring at the end of June. I am expecting an all-inclusive settlement so ...

U.S. equity markets advanced for the third-straight week as solid employment data relieved some immediate recession concerns, but kept the pressure on the Federal Reserve to maintain its hawkish pivot. Gaining for the third-straight week- but still positing its worst quarterly perform...

Appoints Adam Metz to the Board of Trustees Seritage Growth Properties (NYSE: SRG) (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 i...

Seritage Growth Properties (NYSE: SRG) shares have suffered mightily since the COVID-19 pandemic hit. The pandemic disrupted management's redevelopment plans, led to a slew of lease cancellations, and left the Sears real estate spinoff burning lots of cash without any clear path to ...

There's one very important thing you have to get used to if you decide to be an active investor: You will make mistakes. It is inevitable -- even some of the best investors in the world do. This is why it's notable that investors who followed Warren Buffett's lead on Seritage Growth Prope...

Seritage press release (NYSE:SRG): Q4 GAAP EPS of $1.64. Revenue of $28.53M (+3.2% Y/Y). Total Net Operating Income of $10.5M. Funds from Operations of -$25.3M, or -$0.45/share. For further details see: Seritage GAAP EPS of $1.64, revenue of $28.53M