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For several years, Seritage Growth Properties ' (NYSE: SRG) heavy debt load has been a significant risk for the Sears real estate spinoff's shareholders. When the COVID-19 pandemic hit in 2020, disrupting Seritage's redevelopment plans, that risk suddenly became acute, threatening t...
Seritage Growth Properties (NYSE: SRG) (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 ...
Palm Beach, FL –January 5, 2022 – FinancialNewsMedia.com News Commentary – Recently, The Motley Fool, looked at diversification, specifically, REITs. They indicated most people have heard the old saying, “Don’t put all your eggs in one ba...
Seritage Growth Properties (NYSE: SRG) (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 ...
Seritage Growth (NYSE:SRG) promotes Eric Dinenberg, Executive Vice President of Development and Construction to COO effective January 1, 2022. Prior to joining Seritage in 2019, Mr. Dinenberg spent nearly nine years with Brookfield Properties and Rouse Properties (NYSE:RSE...
Seritage Growth Properties (NYSE: SRG) (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...
Seritage Growth Properties (NYSE:SRG) announced an amendment to Seritage Growth Properties L.P.'s and the company's senior secured term loan agreement with Berkshire Hathaway Life Insurance Company of Nebraska for the $1.6B term loan facility previously announced on July 31, 2018. Under ...
Provides Seritage Ability to Prepay Loan and Opportunity to Extend Maturity Date Until July 2025, Subject to $800 Million of Prepayments Seritage Growth Properties (NYSE: SRG) (the “Company”), a national owner and developer of 170 retail, residential and mixed-...
Landmark Land Holdings Sells 11-Acre Site to City of Alexandria's Industrial Development Agency IDA signs 99-year lease with INOVA for new Alexandria hospital PR Newswire POTOMAC, Md. , Nov. 23, 2021 /PRNewswire/ -- Landmark Land Holdings, LLC—a jo...
Armchair quarterbacks love to hate Seritage but have limited foresight into why. The company is burning cash now, and it was burning cash pre-COVID when shares were over $40. The difference today, compared to pre-COVID, is Seritage now has a CEO in place with both short and long...
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(TheNewswire) Abu Dhabi, United Arab Emirates – TheNewswire - July 29, 2024 – Falcon Energy Materials plc (TSXV: SRG) , (“ Falcon ” or the “ Company ” ) is pleased to announce that, effective at market ope...
(TheNewswire) Abu Dhabi, United Arab Emirates, July 9, 2024 – TheNewswire – Falcon Energy Materials plc (TSX-V: SRG) (“ Falcon ” or the “ Company ”) is pleased to announce that it has retained DS Market Solutions...
(TheNewswire) Abu Dhabi, United Arab Emirates – TheNewswire - July 2, 2024 – Falcon Energy Materials plc (TSXV: SRG) , formerly SRG Mining Inc. (“ Falcon ” or the “ Company ” ), is pleased to announce the ...