{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-321213","form_type":"8-K","ticker":"SRG","cik":"0001628063","company_name":"Seritage Growth Properties","filed_at":"2026-07-28T21:01:14+00:00","discovered_at":"2026-07-28T21:02:00.409894+00:00","generated_at":"2026-07-28T21:02:07.455513+00:00","sec_items":["1.01","1.02","2.03","8.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Seritage refinances $50M Berkshire Hathaway loan with $40M b1Bank facilities; declares preferred dividend","bullets":["Repaid $50M existing loan (7% interest, maturing July 31, 2026) with Berkshire Hathaway; no prepayment penalty.","Entered $15M term loan (SOFR+2.75%) and $25M revolving facility (2%+money market rate, currently 3.5%) with b1Bank.","Initial draw of $15M on revolver; $10M remains available. Maturity July 24, 2028 with one-year extension option.","Term loan secured by three properties; revolver collateralized by $25M restricted cash. Minimum liquidity covenants apply.","Declared $0.4375 per share preferred dividend (7.00% Series A), payable Oct 15, 2026 to holders of record Sep 30, 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-321213","json":"https://secwatch.observer/filing/0001193125-26-321213.json","markdown":"https://secwatch.observer/filing/0001193125-26-321213.md","text":"https://secwatch.observer/filing/0001193125-26-321213.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1628063/000119312526321213/0001193125-26-321213-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1628063/000119312526321213/srg-20260724.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-28T21:02:07.455513+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"}