Seritage Growth Properties Class A ( (SRG) ) has released its Q3 earnings. Here is a breakdown of the information Seritage Growth Properties Class A presented to its investors.
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Seritage Growth Properties is a national owner and developer specializing in retail, residential, and mixed-use properties. The company recently released its third-quarter 2025 financial results, highlighting progress in asset sales and financial metrics. During the quarter, Seritage had four assets under contract, expecting gross proceeds of $240.8 million. The company also reported a net loss of $13.6 million for the quarter, with a net operating income on a cash basis of $1.6 million. Looking ahead, Seritage plans to continue its asset sale strategy, aiming to optimize its portfolio and improve financial stability.