{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-097112","form_type":"8-K","ticker":"SRG","cik":"0001628063","company_name":"Seritage Growth Properties","filed_at":"2024-08-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:13.864077+00:00","generated_at":"2026-05-31T09:20:40.160479+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Seritage Q2 net loss $102.5M, Aventura impairment $85.8M, securities lawsuit filed","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."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-097112","json":"https://secwatch.observer/filing/0000950170-24-097112.json","markdown":"https://secwatch.observer/filing/0000950170-24-097112.md","text":"https://secwatch.observer/filing/0000950170-24-097112.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1628063/000095017024097112/0000950170-24-097112-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1628063/000095017024097112/srg-20240814.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T09:20:40.160479+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}