Seritage Growth Properties

Seritage Growth Properties (NYSE: SRG) is a publicly traded real estate investment trust headquartered in New York City. The Company’s portfolio of 266 properties, consisting of approximately 42 million square feet of retail space is broadly diversified across 49 states and Puerto Rico. The majority of our properties are master leased to Sears Holdings and are operated under either the Sears or K-Mart brand. A number of our properties are leased to leading national retailers such as Nordstrom Rack, Wal-Mart and Dicks Sporting Goods. Seritage is uniquely positioned to re-tenant and redevelop our portfolio of prime real estate into first class multi-tenant shopping centers. EMPLOYMENT Our portfolio and platform present a unique opportunity for growth both as a company and individually. We are seeking experienced, energetic and innovative professionals to join our dynamic and growing team as we embark on the re-tenanting and redevelopment of our properties to their highest and best use. We strive to achieve excellence with a culture of professionalism and integrity and welcome the opportunity to speak to candidates who share these values. Please send resumes to Careers@seritage.com
Company Growth (employees)
Type
Public
HQ
New York, US
Founded
2015
Size (employees)
38 (est)
Seritage Growth Properties was founded in 2015 and is headquartered in New York, US

Seritage Growth Properties Office Locations

Seritage Growth Properties has an office in New York
New York, US (HQ)
489 5th Ave

Seritage Growth Properties Financials and Metrics

Seritage Growth Properties Financials

Seritage Growth Properties's revenue was reported to be $113.6 m in FY, 2016
USD

Revenue (Q3, 2017)

64 m

Net income (Q3, 2017)

17.3 m

EBIT (Q3, 2017)

(18 m)

Market capitalization (13-Nov-2017)

1.4 b

Cash (30-Sep-2017)

104.2 m
Seritage Growth Properties's current market capitalization is $1.4 b.
USDFY, 2015FY, 2016

Revenue

113.6 m113.6 m

General and administrative expense

10 m10 m

Operating expense total

10 m10 m

EBIT

(9.4 m)(9.4 m)
USDQ3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

54.1 m63 m61.9 m57.6 m65.4 m57.9 m64 m

General and administrative expense

5.8 m4.4 m4.4 m4.3 m6.3 m5.1 m5.3 m

Operating expense total

70.6 m62.6 m59.1 m80.4 m82.1 m72.6 m82 m

EBIT

(16.6 m)396 k2.8 m(22.8 m)(16.7 m)(14.7 m)(18 m)
USDFY, 2015FY, 2016

Cash

62.9 m52 m

Total Assets

2.8 b2.7 b

Accounts Payable

1.1 b59.9 m

Total Liabilities

1.3 b
USDQ3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

51.5 m56.4 m63.7 m90 m26.5 m9.9 m104.2 m

Total Assets

2.8 b2.8 b2.8 b2.8 b2.7 b2.8 b2.7 b

Total Liabilities

1.2 b1.3 b1.3 b1.3 b1.3 b1.4 b1.4 b

Additional Paid-in Capital

924.4 m924.8 m925 m925.3 m993 m995.7 m996 m
    USDFY, 2015FY, 2016

    Net Income

    (38.8 m)(38.8 m)

    Depreciation and Amortization

    65.9 m65.9 m

    Accounts Receivable

    36.7 k(19.8 k)

    Inventories

    31.2 k(5.5 k)
    USDQ3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

    Net Income

    (31.9 m)(14.7 m)(27.3 m)(31.9 m)(32.8 m)(67.7 m)17.3 m

    Depreciation and Amortization

    32.9 m39.5 m76.8 m32.9 m58.7 m109.2 m170.3 m

    Cash From Operating Activities

    24.9 m65 m7.5 m37.9 m29.2 m56.9 m

    Cash From Investing Activities

    (3.5 m)(22.5 m)(2.7 b)(28.8 m)(121.1 m)40.2 m
      Y, 2017

      Financial Leverage

      2 x
      Show all financial metrics

      Seritage Growth Properties Market Value History

      Seritage Growth Properties's Web-traffic and Trends

      Seritage Growth Properties Company Life and Culture

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