Seritage Growth Properties: A Strategic Unwinding Underway

Investors in Seritage Growth Properties are closely monitoring the company’s ongoing strategic initiative to liquidate and reposition its real estate holdings. The focus remains squarely on the execution of the “Plan of Sale” approved in October 2022, with key questions surrounding the timeline for completing the remaining asset dispositions.

A critical component of Seritage’s transformation is its proactive management of liabilities. The company secured an extension for its Term Loan, pushing the maturity date to July 31, 2026, as announced on August 14, 2025. Furthermore, it has made significant prepayments on this debt, including a $130 million payment on November 25, 2025, followed by a further $20 million on December 4, 2025. These moves signal a controlled approach to deleveraging Read more...