---
schema_version: "secwatch.filing_event.v1"
accession: "0000895345-22-000380"
form_type: "8-K"
ticker: "SRG"
cik: "0001628063"
company_name: "Seritage Growth Properties"
filed_at: "2022-03-31T23:59:59+00:00"
generated_at: "2026-06-26T12:09:23.430763+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Seritage terminates REIT election, converts to C corp retroactive to Jan 1, 2022

## Summary
- Board approved plan to end REIT status and be taxed as C corporation; effective retroactively to January 1, 2022.
- Conversion intended to provide flexibility for strategic alternatives review, including potential asset sales.
- Adam Metz appointed as independent trustee, joins Audit Committee and Special Committee overseeing strategic review.
- Company owns 162 retail, residential and mixed-use properties; strategic review process remains ongoing.

## SEC filing metadata
- accession: 0000895345-22-000380
- form_type: 8-K
- ticker: SRG
- cik: 0001628063
- company_name: Seritage Growth Properties
- filed_at: 2022-03-31T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1628063/000089534522000380/0000895345-22-000380-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1628063/000089534522000380/ff899613_8k-seritage.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000895345-22-000380
- JSON: https://secwatch.observer/filing/0000895345-22-000380.json
- Plain text: https://secwatch.observer/filing/0000895345-22-000380.txt

## Key facts
- Executive change
  Adam S. Metz was elected as Trustee at Seritage Growth Properties.
  - Action: elected
  - Role: Trustee
  source text: On March 30, 2022, the Board of Trustees (the “Board”) of Seritage Growth Properties (the “Company”) elected Adam S. Metz as a trustee of the Company and as a member of Class I of the Board, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1628063/000089534522000380/0000895345-22-000380-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.