Seritage Q3 net loss $13.6M; four assets under contract for $240.8M gross proceeds

Seritage Growth Properties

2025-Q3 EPS reported -$1.19 revenue$14,037,000

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.

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