Name | Value |
---|---|
Revenues | 5.0M |
Cost of Revenue | 5.8M |
Gross Profit | -0.7M |
Operating Expense | 10.9M |
Operating I/L | -27.3M |
Other Income/Expense | 6.9M |
Interest Income | 2.0M |
Pretax | -0.8M |
Income Tax Expense | 0.1M |
Net Income/Loss | -0.9M |
Seritage Growth Properties is a REIT that owns and manages a diverse portfolio of retail properties across the United States and Puerto Rico. The company's primary focus is on unlocking the real estate value of its high-quality retail assets acquired from Sears Holdings in 2015. By revitalizing shopping, dining, entertainment, and mixed-use destinations, Seritage aims to provide enriched experiences for consumers and local communities while creating long-term value for its shareholders.