---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-125668"
form_type: "8-K"
ticker: "SRG"
cik: "0001628063"
company_name: "Seritage Growth Properties"
filed_at: "2024-11-12T23:59:59+00:00"
generated_at: "2026-05-30T01:58:05.217646+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Seritage Q3 net loss widens to $23.2M; NOI-cash turns negative amid ongoing asset sales

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-24-125668
- form_type: 8-K
- ticker: SRG
- cik: 0001628063
- company_name: Seritage Growth Properties
- filed_at: 2024-11-12T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1628063/000095017024125668/0000950170-24-125668-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1628063/000095017024125668/srg-20241112.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-125668
- JSON: https://secwatch.observer/filing/0000950170-24-125668.json
- Plain text: https://secwatch.observer/filing/0000950170-24-125668.txt

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