About Seritage Growth Properties
https://www.seritage.comSeritage Growth Properties is a publicly-traded, self-administered and self-managed REIT with 166 wholly-owned properties and 29 unconsolidated properties totaling approximately 30.4 million square feet of space across 44 states and Puerto Rico. The Company was formed to unlock the underlying real estate value of a high-quality retail portfolio it acquired from Sears Holdings in July 2015.
CEO
Adam Spencer Metz
Compensation Summary
(Year 2024)
Ratings Snapshot
Rating : D+
Price Target
About Seritage Growth Properties
https://www.seritage.comSeritage Growth Properties is a publicly-traded, self-administered and self-managed REIT with 166 wholly-owned properties and 29 unconsolidated properties totaling approximately 30.4 million square feet of space across 44 states and Puerto Rico. The Company was formed to unlock the underlying real estate value of a high-quality retail portfolio it acquired from Sears Holdings in July 2015.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $4.79M ▲ | $6.62M ▲ | $-12.42M ▲ | -259.6% ▲ | $-0.24 ▲ | $-9.79M ▼ |
| Q2-2025 | $4.65M ▲ | $6.17M ▼ | $-28.51M ▼ | -612.64% ▼ | $-0.53 ▼ | $-5.45M ▲ |
| Q1-2025 | $4.6M ▲ | $17.77M ▲ | $-22.2M ▼ | -482.76% ▼ | $-0.42 ▼ | $-15.04M ▼ |
| Q4-2024 | $4.38M ▲ | $9.04M ▼ | $-11.35M ▲ | -259.04% ▲ | $-0.22 ▲ | $-3.41M ▲ |
| Q3-2024 | $3.25M | $11.55M | $-21.97M | -675.88% | $-0.41 | $-10.52M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $51.54M ▼ | $558.61M ▼ | $219.52M ▼ | $337.72M ▼ |
| Q2-2025 | $71.8M ▼ | $575.71M ▼ | $222.97M ▼ | $351.37M ▼ |
| Q1-2025 | $94.27M ▲ | $649.7M ▼ | $267.25M ▼ | $381.1M ▼ |
| Q4-2024 | $85.21M ▼ | $677.77M ▼ | $271.97M ▼ | $404.46M ▼ |
| Q3-2024 | $85.6M | $735.02M | $316.23M | $417.54M |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $-12.42M ▲ | $-12.51M ▼ | $-2.52M ▼ | $-5.22M ▲ | $-20.26M ▲ | $-12.51M ▼ |
| Q2-2025 | $-28.51M ▼ | $-12.04M ▼ | $26.25M ▲ | $-41.21M ▼ | $-27M ▼ | $-12.04M ▼ |
| Q1-2025 | $-22.2M ▼ | $-9.19M ▲ | $19.84M ▼ | $-1.23M ▲ | $9.42M ▲ | $-9.19M ▲ |
| Q4-2024 | $-11.35M ▲ | $-13.93M ▲ | $55.15M ▲ | $-41.72M ▼ | $-503K ▲ | $-13.93M ▲ |
| Q3-2024 | $-21.97M | $-15.47M | $14.36M | $-1.2M | $-2.3M | $-15.47M |
Revenue by Products
| Product | Q3-2018 | Q1-2025 | Q2-2025 | Q3-2025 |
|---|---|---|---|---|
 Operating Segments | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
 Management Service | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
 Tenant Reimbursements | $20.00M ▲ | $0 ▼ | $0 ▲ | $0 ▲ |
CEO
Adam Spencer Metz
Compensation Summary
(Year 2024)
Ratings Snapshot
Rating : D+