Company Seritage Growth Properties

Equities

SRG

US81752R1005

Commercial REITs

Real-time Estimate Cboe BZX 03:54:23 2024-04-25 pm EDT 5-day change 1st Jan Change
9.425 USD -0.05% Intraday chart for Seritage Growth Properties +1.45% +0.70%

Business Summary

Seritage Growth Properties is a fully integrated, self-administered and self-managed real estate investment trust (REIT). It is engaged in the ownership, development, redevelopment, management, sale and leasing of diversified retail and mixed-use properties throughout the United States. Its portfolio consisted of interests in over 32 properties comprised of approximately 4.1 million square feet of gross leasable area (GLA) or build-to-suit leased area and 460 acres of land. The portfolio consists of approximately 2.8 million square feet of GLA and 326 acres held by 23 wholly owned properties (the Consolidated Properties) and 1.2 million square feet of GLA and 134 acres held by nine unconsolidated entities. Its subsidiaries include Seritage SRC Finance LLC, Seritage KMT Finance LLC and Seritage SRC Mezzanine Finance LLC. Its assets are held by, and its operations are primarily conducted, directly or indirectly, through Seritage Growth Properties, L.P. (the Operating Partnership).

Number of employees: 19

Sales per Business

USD in Million2022Weight2023Weight Delta
Rental
72.5 %
105 97.7 % 15 72.5 % -85.60%
Management and Other Fee
27.5 %
2 2.3 % 6 27.5 % +133.81%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
107 100.0 % 21 100.0 % -80.59%

Managers

Managers TitleAgeSince
Chief Executive Officer 44 21-03-15
Director of Finance/CFO 59 22-01-13
Chief Operating Officer 41 19-04-30
Corporate Officer/Principal - -
Corporate Officer/Principal - -
Corporate Officer/Principal - -
Corporate Officer/Principal - 17-12-31
Corporate Officer/Principal - -
Corporate Officer/Principal - -
Corporate Officer/Principal - 15-06-30

Members of the board

Members of the board TitleAgeSince
Director/Board Member 64 22-04-25
Director/Board Member 63 15-05-31
Chairman 62 22-03-29
Director/Board Member 64 22-04-25
Chief Executive Officer 44 21-03-15
Director/Board Member 71 22-04-25
Director/Board Member 60 19-04-18

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 56,268,317 33,123,527 ( 58.87 %) 0 58.87 %
Stock B 0 2,800,000 0 0

Shareholders

NameEquities%Valuation
13,484,162 24.00 % 130 M $
Hotchkis & Wiley Capital Management LLC
8.613 %
4,839,080 8.613 % 47 M $
Vanguard Investments Australia Ltd.
6.316 %
3,548,668 6.316 % 34 M $
Zhengxu He
6.150 %
3,455,146 6.150 % 33 M $
Sand Capital Associates LLC
4.115 %
2,311,934 4.115 % 22 M $
Centiva Capital LP
3.755 %
2,109,673 3.755 % 20 M $
2,023,714 3.602 % 20 M $
FourWorld Capital Management LLC
2.738 %
1,538,491 2.738 % 15 M $
Gabelli & Company Investment Advisers, Inc.
2.560 %
1,438,467 2.560 % 14 M $
American Beacon Advisors, Inc.
1.972 %
1,108,139 1.972 % 11 M $
NameEquities%Valuation
Yakira Capital Management, Inc.
10.21 %
285,904 10.21 % 7 M $
Ursa Fund Management LLC
9.994 %
279,843 9.994 % 7 M $
Altegris Advisors LLC
0.001071 %
30 0.001071 % 716 $

Company contact information

Seritage Growth Properties

500 Fifth Avenue Suite 1530

10110, New York

+212 355 7800

http://www.seritage.com
address Seritage Growth Properties(SRG)

Sales per Business

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
9.43 USD
Average target price
14 USD
Spread / Average Target
+48.46%
Consensus
  1. Stock Market
  2. Equities
  3. SRG Stock
  4. Company Seritage Growth Properties