{"filings":[{"id":780196,"accession_number":"0001193125-26-251716","cik":1628063,"company_name":"Seritage Growth Properties","ticker":"SRG","form_type":"8-K","filed_at":"2026-06-01T21:09:21+00:00","items":["1.01"],"status":"ready","headline":"Seritage enters $50.8M option agreement to sell Dallas property to Arena Development","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Purchase price $50,760,000 for Dallas property; buyer is Arena Development Intermediate, LLC.","Option payment of $169,200 due at signing; monthly payments rise to $274,950 in 2027.","Closing by Jan 31, 2028, conditioned on buyer obtaining entitlements and adjacent property deal.","Option payments are incremental to purchase price and non-refundable except per agreement terms.","No assurance buyer will exercise option; PSA cross-conditioned with related agreement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":150949943.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":451877,"accession_number":"0001193125-26-225085","cik":1628063,"company_name":"Seritage Growth Properties","ticker":"SRG","form_type":"8-K","filed_at":"2026-05-15T10:06:48+00:00","items":["2.02","9.01"],"status":"ready","headline":"Seritage Q1 net loss widens to $31.3M; going concern doubt flagged","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss per share ($0.56) vs ($0.42) in Q1 2025; impairments total $20.4M.","Cash on hand $58.8M at March 31, 2026; $50M term loan matures July 31, 2026.","CEO says advancing debt refinancing and exploring strategic transaction/sale.","Subsequent to Q1, sold one asset for $11.0M gross proceeds; no further closings probable."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.56,"consensus_revenue_estimate":null,"consensus_revenue_actual":2050000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":150949943.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":94189,"accession_number":"0001193125-26-164153","cik":1628063,"company_name":"Seritage Growth Properties","ticker":"SRG","form_type":"8-K","filed_at":"2026-04-20T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Seritage declares $0.4375/shr preferred dividend, payable July 15","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Board declared $0.4375 per share on 7.00% Series A Cumulative Redeemable Preferred Shares.","Dividend payable July 15, 2026 to holders of record on June 30, 2026.","No common dividend was declared in connection with this preferred distribution."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":150949943.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":106386,"accession_number":"0001193125-26-134804","cik":1628063,"company_name":"Seritage Growth Properties","ticker":"SRG","form_type":"8-K","filed_at":"2026-03-31T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Seritage reports 2025 net loss $73.1M; raises going concern doubt","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net loss $6.3M ($0.11 per share); full year net loss $73.1M ($1.30 per share).","Generated $230.7M gross proceeds from sales in 2025; repaid $190M debt, leaving $50M term loan maturing July 2026.","Company says insufficient cash and proceeds to meet obligations, creating substantial doubt about going concern.","Recognized $18.8M impairment on consolidated properties and $8.5M other-than-temporary impairment on unconsolidated entity.","Multiple securities class action and derivative lawsuits filed; company intends to vigorously defend."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":150949943.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":106385,"accession_number":"0001193125-26-071845","cik":1628063,"company_name":"Seritage Growth Properties","ticker":"SRG","form_type":"8-K","filed_at":"2026-02-25T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Seritage declares $0.4375/share preferred dividend, payable April 15, 2026","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Board declared $0.4375 per share cash dividend on 7.00% Series A Cumulative Redeemable Preferred Shares.","Dividend payable April 15, 2026 to holders of record on March 31, 2026.","Dividend rate unchanged at 7.00% annual (quarterly $0.4375 per share)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":150949943.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":122728,"accession_number":"0001193125-25-308315","cik":1628063,"company_name":"Seritage Growth Properties","ticker":"SRG","form_type":"8-K/A","filed_at":"2025-12-05T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Seritage Growth Properties prepays $20M on Berkshire Hathaway term loan; $50M remains","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Voluntary $20M prepayment on $1.6B term loan facility with Berkshire Hathaway Life Insurance Company.","Cumulative repayments since Dec 2021 total $1.55B; $50M remains outstanding.","Current prepayment reduces annual interest expense by ~$1.4M; cumulative reduction ~$110M.","Term loan originally dated July 31, 2018, and amended multiple times through Nov 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":150949943.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":122733,"accession_number":"0001193125-25-308212","cik":1628063,"company_name":"Seritage Growth Properties","ticker":"SRG","form_type":"8-K","filed_at":"2025-12-04T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Seritage Growth Properties prepays $20M on term loan, $50M remains outstanding","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Voluntary $20.0M prepayment on $1.6B term loan with Berkshire Hathaway Life.","Total repayments since Dec 2021 now $1.55B; outstanding reduced to $50M.","Prepayment reduces annual interest expense by ~$1.4M; cumulative reduction ~$110M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":150949943.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":122732,"accession_number":"0001193125-25-302564","cik":1628063,"company_name":"Seritage Growth Properties","ticker":"SRG","form_type":"8-K","filed_at":"2025-11-28T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"COO Dinenberg retention plan reduced to 6 months; CLO Fernand extended 1 year","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["COO Dinenberg's retention term set at Mar 16–Sep 15, 2026, replacing 1-year auto-renewal.","Salary and target bonus increased 5%; retention bonus of $434,109 split July and Sep 2026.","Additional $1M bonus if change-of-control or asset sale closes during term or within 12 months after.","CLO Matthew Fernand's employment extended for 1 year from Mar 16, 2026 (no non-renewal notice).","Aggregate compensation (excl. $1M bonus) is ~50% of the 1-year renewal amount."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":150949943.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":122731,"accession_number":"0001193125-25-297647","cik":1628063,"company_name":"Seritage Growth Properties","ticker":"SRG","form_type":"8-K","filed_at":"2025-11-25T23:59:59+00:00","items":["2.01","7.01","9.01"],"status":"ready","headline":"Seritage sells Aventura property for $131M, prepays $130M on term loan, leaving $70M outstanding","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Closed sale of Aventura, FL property for $131M on Nov 25, 2025; proceeds used for debt prepayment.","Voluntary prepayment of $130M toward $1.6B Berkshire Hathaway term loan; $70M remains outstanding.","Cumulative repayments since Dec 2021 total $1.53B, reducing annual interest by ~$108.6M.","Current prepayment reduces annual interest expense by approximately $9.2M.","Pro forma balance sheet shows cash of $173M and total equity of $340M after adjustments."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":150949943.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":122730,"accession_number":"0001193125-25-283308","cik":1628063,"company_name":"Seritage Growth Properties","ticker":"SRG","form_type":"8-K","filed_at":"2025-11-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Seritage Q3 net loss $13.6M; four assets under contract for $240.8M gross proceeds","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss attributable to common shareholders of $13.6M ($0.24 per share) vs $23.2M ($0.41) in Q3 2024.","Cash on hand $65.0M as of Nov 13, 2025, vs $59.9M at Sept 30; restricted cash $8.3M.","Four assets under contract for total $240.8M; three with no contingencies for $170M.","Q3 impairment charge $0.8M; YTD impairment $18.8M. Term loan extended to July 2026 with $4M extension fee.","Securities class action and derivative lawsuits ongoing; consolidated derivative action stayed."],"consensus_eps_estimate":null,"consensus_eps_actual":-1.19,"consensus_revenue_estimate":null,"consensus_revenue_actual":14037000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":150949943.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":122729,"accession_number":"0001193125-25-256426","cik":1628063,"company_name":"Seritage Growth Properties","ticker":"SRG","form_type":"8-K","filed_at":"2025-10-29T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Seritage declares $0.4375 quarterly dividend on Series A preferred shares","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Dividend of $0.4375 per share on 7.00% Series A Cumulative Redeemable Preferred Shares.","Payable on January 15, 2026 to holders of record as of December 31, 2025.","Amount is consistent with the stated 7.00% annual dividend rate on the $25 par value preferred shares."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":150949943.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":139424,"accession_number":"0000950170-25-113584","cik":1628063,"company_name":"Seritage Growth Properties","ticker":"SRG","form_type":"8-K","filed_at":"2025-09-08T23:59:59+00:00","items":["1.01"],"status":"ready","headline":"Seritage Growth Properties agrees to sell Aventura, FL property for $131M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Purchase price $131M, less credit for unpaid leasing costs at closing.","Buyer Boulevard Step Ventures LLC posted $5M non-refundable earnest money deposit.","Closing scheduled 30 days from Sept 2, 2025; Buyer can extend 45 days with additional $5M deposit.","Sale subject to customary closing conditions; PSA to be filed with Q3 2025 10-Q."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":150949943.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":139423,"accession_number":"0000950170-25-109004","cik":1628063,"company_name":"Seritage Growth Properties","ticker":"SRG","form_type":"8-K","filed_at":"2025-08-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Net loss of $29.7M in Q2 2025; extends term loan to July 2026","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss attributable to common shareholders of $29.7M ($0.53 per share); NOI-cash basis at share of $2.6M.","Generated $23.0M from sale of one property at $130.82 PSF; three assets under contract for $109.8M gross proceeds.","Extended term loan maturity to July 31, 2026 with $4.0M extension fee; repaid $40M in principal during Q2.","Impairment charge of $18.0M on consolidated properties.","Cash on hand $80.1M at June 30, 2025; ongoing securities class action and derivative lawsuits."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.94,"consensus_revenue_estimate":null,"consensus_revenue_actual":9252000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":150949943.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":139422,"accession_number":"0000950170-25-100344","cik":1628063,"company_name":"Seritage Growth Properties","ticker":"SRG","form_type":"8-K","filed_at":"2025-07-30T23:59:59+00:00","items":["2.03","8.01"],"status":"ready","headline":"Seritage extends $200M term loan to July 2026; pays $8M in fees","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Extended Senior Secured Term Loan maturity from July 31, 2025 to July 31, 2026 by paying a 2% ($4M) extension fee.","Paid an additional $4M incremental facility fee on July 30, 2025; total fees $8M.","All other loan terms (interest rate, covenants) remain unchanged during extension.","Extension option exercised on July 28, 2025 as previously disclosed in November 2024 amendment."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":150949943.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":139421,"accession_number":"0000950170-25-098374","cik":1628063,"company_name":"Seritage Growth Properties","ticker":"SRG","form_type":"8-K","filed_at":"2025-07-24T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Seritage declares $0.4375 preferred dividend for Q3 2025","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["$0.4375 per share declared on 7.00% Series A Cumulative Redeemable Preferred Shares (SRG-PA).","Payable October 15, 2025 to holders of record as of September 30, 2025.","Regular quarterly dividend on preferred shares; declared rate unchanged."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":150949943.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":139420,"accession_number":"0000895345-25-000218","cik":1628063,"company_name":"Seritage Growth Properties","ticker":"SRG","form_type":"8-K","filed_at":"2025-07-01T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Seritage appoints Adam Metz as non-interim CEO; $1.1M salary, $1.225M target bonus","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Adam Metz appointed as CEO on non-interim basis effective July 1, 2025; continues as Board Chairman; M. Sabshon remains Lead Independent Trustee.","Employment agreement: $1.1M base salary, $1.225M target bonus (50-150% payout range), one-year term ending June 30, 2026, no severance.","Replaces interim CEO letter agreement from April 2025; term ends June 30, 2026 unless extended by mutual agreement by April 1, 2026.","Mr. Metz previously served as CEO of General Growth Properties and Managing Director at Carlyle Group; also holds board seats at Hammerson plc and Morgan Stanley Direct Lending Fund."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":150949943.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":157000,"accession_number":"0000950170-25-084883","cik":1628063,"company_name":"Seritage Growth Properties","ticker":"SRG","form_type":"8-K","filed_at":"2025-06-11T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Seritage Growth Properties prepays $40M on term loan; $200M remains outstanding","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Voluntary prepayment of $40M under $1.6B term loan with Berkshire Hathaway Life Insurance Company of Nebraska.","Since Dec 2021, Seritage has repaid $1.4B total; $200M now remains outstanding.","This prepayment reduces annual interest expense by ~$2.8M; cumulative reduction since Dec 2021 is ~$99.4M.","Term loan agreement originally dated July 31, 2018, with multiple amendments through November 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":150949943.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":156999,"accession_number":"0000895345-25-000209","cik":1628063,"company_name":"Seritage Growth Properties","ticker":"SRG","form_type":"8-K","filed_at":"2025-06-11T23:59:59+00:00","items":["5.07","9.01"],"status":"ready","headline":"Seritage shareholders reject advisory Say-on-Pay; all trustees re-elected","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All six incumbent trustees re-elected, each receiving required two-thirds majority; McClain had 14.8M for, 6.8M against.","Advisory executive compensation resolution rejected: 10.2M for vs 10.9M against, 0.6M abstain, excluding 7.4M broker non-votes.","Ratification of Deloitte & Touche as auditor for FY2025 approved: 28.6M for, 0.4M against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.5,"calibrated_materiality_score":0.15,"market_cap_usd":150949943.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":156998,"accession_number":"0000950170-25-072787","cik":1628063,"company_name":"Seritage Growth Properties","ticker":"SRG","form_type":"8-K","filed_at":"2025-05-15T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Seritage posts Q1 net loss of $23.4M; interim CEO highlights asset sales plan","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss attributable to common shareholders of $23.4M ($0.42/diluted share) vs $20.2M loss in prior-year quarter.","Generated $29.9M gross proceeds from asset sale at 7.7% cap rate; negotiating $70M PSA for premier development asset.","Cash on hand $107.1M as of March 31; NOI-cash basis at share of $2.6M.","CEO Andrea Olshan stepped down April 11; Chairman Adam Metz appointed Interim CEO at $80k/month salary.","Securities class action and three derivative suits pending; $0.4375/share preferred dividend declared for Series A."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.42,"consensus_revenue_estimate":null,"consensus_revenue_actual":4599000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":150949943.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":156997,"accession_number":"0000950170-25-068134","cik":1628063,"company_name":"Seritage Growth Properties","ticker":"SRG","form_type":"8-K","filed_at":"2025-05-09T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Seritage declares $0.4375 dividend on Series A Preferred shares","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Cash dividend of $0.4375 per share on 7.00% Series A Cumulative Redeemable Preferred Shares (SRG-PA).","Payable July 15, 2025; record date June 30, 2025.","No dividend declared on common shares; preferred dividend is routine."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":150949943.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":175367,"accession_number":"0000950170-25-047882","cik":1628063,"company_name":"Seritage Growth Properties","ticker":"SRG","form_type":"8-K","filed_at":"2025-03-31T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Seritage posts FY2024 net loss of $158.4M; CEO Olshan to step down April 11","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["FY2024 net loss $158.4M ($2.82/sh); Q4 net loss $12.6M vs Q4 2023 profit $4.7M.","NOI-cash basis at share fell to $2.6M for FY2024 from $8.6M in FY2023.","CEO Andrea Olshan steps down April 11; Board Chair Adam Metz becomes Interim CEO.","Proceeds of $50.8M from three vacant asset sales in Q4; post-year $29.9M sale at 7.7% cap.","Cash on hand $107M as of March 28; $240M term loan balance after $120M repayments in 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.42,"consensus_revenue_estimate":null,"consensus_revenue_actual":4599000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":150949943.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":175366,"accession_number":"0000895345-25-000135","cik":1628063,"company_name":"Seritage Growth Properties","ticker":"SRG","form_type":"8-K","filed_at":"2025-03-28T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Seritage CEO Andrea Olshan to step down April 11; Chairman Adam Metz named Interim CEO","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Andrea Olshan steps down as CEO and President effective April 11, 2025; separation is amicable.","Board appoints Chairman Adam Metz as Interim CEO, also effective April 11, with $80,000 monthly salary.","Leadership change due to reduced needs as Plan of Sale progresses; portfolio shrunk from ~160 to 15 assets.","Over $1.3B of loan facility repaid under Olshan's tenure.","Mitchell Sabshon appointed Lead Independent Director effective April 11."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":150949943.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":175365,"accession_number":"0000950170-25-028301","cik":1628063,"company_name":"Seritage Growth Properties","ticker":"SRG","form_type":"8-K","filed_at":"2025-02-27T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Seritage declares $0.4375 dividend on Series A preferred shares payable April 15","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Cash dividend of $0.4375 per share on 7.00% Series A Cumulative Redeemable Preferred Shares.","Payable April 15, 2025 to holders of record as of March 31, 2025.","Dividend represents the regular quarterly payment on the preferred stock."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":150949943.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":192310,"accession_number":"0000950170-24-132257","cik":1628063,"company_name":"Seritage Growth Properties","ticker":"SRG","form_type":"8-K","filed_at":"2024-12-02T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Seritage Growth Properties makes $15M voluntary loan prepayment; $240M remains outstanding","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Voluntary prepayment of $15M on term loan facility with Berkshire Hathaway made Nov 27, 2024.","After prepayment, $240M remains outstanding on the $1.6B facility.","This prepayment reduces annual interest expense by approximately $1.05M.","Cumulative repayments since Dec 2021 total $1.36B, reducing annual interest by $95.2M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":150949943.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":192309,"accession_number":"0000950170-24-129485","cik":1628063,"company_name":"Seritage Growth Properties","ticker":"SRG","form_type":"8-K","filed_at":"2024-11-21T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Seritage Growth Properties extends term loan maturity to July 2026 with 2% fee","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Amendment allows one-year extension of Senior Secured Term Loan maturity from July 31, 2025 to July 31, 2026 at Operating Partnership's election.","Extension requires payment of a 2% fee on the outstanding principal amount as of the original maturity date.","All other terms, including interest rate and incremental facility fee, remain unchanged during the extension period.","Berkshire Hathaway Life Insurance Company of Nebraska is the lender and administrative agent under the amended agreement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":150949943.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":192308,"accession_number":"0000950170-24-125668","cik":1628063,"company_name":"Seritage Growth Properties","ticker":"SRG","form_type":"8-K","filed_at":"2024-11-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Seritage Q3 net loss widens to $23.2M; NOI-cash turns negative amid ongoing asset sales","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss of $23.2M ($0.41/share) vs $2.1M loss ($0.04/share) in Q3 2023.","NOI-cash basis at share was ($0.9M) vs $1.1M positive in prior year; includes $0.5M from sold properties.","Cash on hand $87.7M as of Nov 11; exploring options to address July 2025 term loan maturity.","Generated $24M from sale of income producing asset at 8.5% cap; five assets under contract for $87.9M.","Class action securities lawsuit filed July 2024 alleging false disclosures about impairment and asset values."],"consensus_eps_estimate":null,"consensus_eps_actual":-2.59,"consensus_revenue_estimate":null,"consensus_revenue_actual":13240000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":150949943.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":192307,"accession_number":"0000950170-24-117752","cik":1628063,"company_name":"Seritage Growth Properties","ticker":"SRG","form_type":"8-K","filed_at":"2024-10-28T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Seritage Growth Properties declares $0.4375/share preferred dividend","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Cash dividend of $0.4375 per 7.00% Series A Cumulative Redeemable Preferred Share.","Payable January 15, 2025 to holders of record on December 31, 2024.","Declared by Board of Trustees on October 28, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":150949943.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":192306,"accession_number":"0000950170-24-116685","cik":1628063,"company_name":"Seritage Growth Properties","ticker":"SRG","form_type":"8-K","filed_at":"2024-10-23T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Seritage makes $25M voluntary loan prepayment; $255M remains outstanding","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Prepaid $25M on $1.6B term loan from Berkshire Hathaway; total repaid $1.345B since Dec 2021.","Remaining outstanding $255M; annual interest expense reduced by ~$1.75M.","Cumulative repayments since Dec 2021 reduced annual interest expense by ~$94.1M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":150949943.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":208793,"accession_number":"0000950170-24-097112","cik":1628063,"company_name":"Seritage Growth Properties","ticker":"SRG","form_type":"8-K","filed_at":"2024-08-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Seritage Q2 net loss $102.5M, Aventura impairment $85.8M, securities lawsuit filed","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss attributable to common shareholders of $102.5M ($1.82 per share) vs. $96.9M loss a year ago.","Recorded $85.8M impairment on Aventura development property due to higher discount/cap rates.","Generated $40.4M gross proceeds from asset sales; five assets under contract for $138.6M total.","Class action lawsuit filed July 1 alleging false disclosures about impairment review and asset values; seeks unspecified damages.","Term loan reduced by $50M to $280M; cash on hand $100.5M as of June 30, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":-2.18,"consensus_revenue_estimate":null,"consensus_revenue_actual":9989000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":150949943.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":208792,"accession_number":"0000950170-24-088731","cik":1628063,"company_name":"Seritage Growth Properties","ticker":"SRG","form_type":"8-K","filed_at":"2024-07-31T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Seritage declares $0.4375/shr Series A preferred dividend payable Oct 15","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Board declared a cash dividend of $0.4375 per share on 7.00% Series A Cumulative Redeemable Preferred Shares.","Dividend payable on October 15, 2024 to holders of record as of September 30, 2024.","Declaration date: July 31, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":150949943.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":226550,"accession_number":"0000895345-24-000215","cik":1628063,"company_name":"Seritage Growth Properties","ticker":"SRG","form_type":"8-K","filed_at":"2024-06-06T23:59:59+00:00","items":["5.07","9.01"],"status":"ready","headline":"Seritage annual meeting: all trustees re-elected; say-on-pay passes with 39% against","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All seven trustees re-elected to one-year term; Mitchell Sabshon received 5,954,217 against (25.7% of votes cast).","Deloitte & Touche ratified as independent auditor for FY2024: 28,088,747 for, 587,188 against, 241,878 abstain.","Advisory say-on-pay resolution passed with 14,073,174 for vs 9,108,681 against (39.3% of votes cast opposed).","Meeting held June 5, 2024; all matters required supermajority or majority and were approved."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.15,"market_cap_usd":150949943.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":226545,"accession_number":"0000950170-24-064302","cik":1628063,"company_name":"Seritage Growth Properties","ticker":"SRG","form_type":"8-K/A","filed_at":"2024-05-24T23:59:59+00:00","items":["2.02"],"status":"ready","headline":"Seritage corrects multi-tenant asset count in Q1 2024 press release","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Clarifies that as of May 10, 2024, the company owned four Multi-Tenant Assets, not five (one sold post-quarter).","One asset had an accepted offer for $24.0 million and was under negotiation of a definitive purchase agreement.","Corrects 'Primary Markets' count from three to two, as one asset in that category already had an accepted offer.","No changes to previously reported financial results; only portfolio table and sale highlights corrected."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":150949943.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":226549,"accession_number":"0000950170-24-057882","cik":1628063,"company_name":"Seritage Growth Properties","ticker":"SRG","form_type":"8-K","filed_at":"2024-05-10T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Seritage Q1 net loss $20.2M; sold $80M assets YTD, repaid $80M debt","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss of $20.2M ($0.36 diluted EPS) in Q1 2024; Total NOI of $2.1M.","Sold $48.8M in Q1 and $31.8M after quarter end; $80M total YTD.","Repaid $30M on term loan in Q1 and $50M after quarter end; balance now $280M.","Cash on hand $130.8M at March 31; $102.4M at May 7, 2024.","No common dividends expected until term loan repaid; preferred dividend of $0.4375 declared."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.36,"consensus_revenue_estimate":null,"consensus_revenue_actual":5773000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":150949943.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":226548,"accession_number":"0000950170-24-052262","cik":1628063,"company_name":"Seritage Growth Properties","ticker":"SRG","form_type":"8-K","filed_at":"2024-05-02T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Seritage declares $0.4375 preferred dividend payable July 15, 2024","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Cash dividend of $0.4375 per 7.00% Series A Cumulative Redeemable Preferred Share.","Payable July 15, 2024 to holders of record on June 28, 2024.","Dividend declared on May 2, 2024 by the Board of Trustees.","Series A preferred shares (SRG-PA) trade on NYSE."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":150949943.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":226547,"accession_number":"0000950170-24-047704","cik":1628063,"company_name":"Seritage Growth Properties","ticker":"SRG","form_type":"8-K","filed_at":"2024-04-24T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Seritage prepays $50M on term loan; $280M remains, interest expense reduced $3.5M annually","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Voluntary prepayments of $50M on $1.6B term loan with Berkshire Hathaway Life Insurance Co.","Total repayments since Dec 2021: $1.32B; remaining outstanding: $280M.","Prepayment reduces annual interest expense by approx. $3.5M; cumulative reduction $92.4M since Dec 2021."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":150949943.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":226546,"accession_number":"0000950170-24-039559","cik":1628063,"company_name":"Seritage Growth Properties","ticker":"SRG","form_type":"8-K","filed_at":"2024-04-02T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Seritage reports FY2023 net loss of $159.8M; sold $842.7M of assets, cut debt by $670M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss attributable to common shareholders of $159.8M ($2.85 per share) for 2023; Q4 net income of $4.7M.","Sold 68 assets for gross proceeds of $842.7M in 2023; repaid $670M of Term Loan, balance $330M as of March 22, 2024.","Cash on hand $149.7M at Dec 31, 2023 ($132.6M as of March 22, 2024); no common dividend expected until term loan repaid.","Total NOI for 2023 was $8.6M, down from $43.5M in 2022, reflecting asset sales.","Continuing Plan of Sale with focus on premier development sites; four assets under contract for $53.6M."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.36,"consensus_revenue_estimate":null,"consensus_revenue_actual":5773000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":150949943.0,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}