Name | Value |
---|---|
Revenues | 4.6M |
Cost of Revenue | 3.9M |
Gross Profit | 0.7M |
Operating Expense | 15.7M |
Operating I/L | -15.0M |
Other Income/Expense | -7.4M |
Interest Income | 0.9M |
Pretax | -22.4M |
Income Tax Expense | 0.2M |
Net Income/Loss | -22.2M |
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.