Seritage Growth Properties filings document the company’s Plan of Sale, remaining real estate operations and capital structure. Form 8-K reports cover completed property dispositions, voluntary prepayments under the senior secured term loan facility, Regulation FD disclosures, preferred-share dividend declarations and officer compensation arrangements.
Proxy and periodic disclosures address shareholder voting matters, trustee governance, executive compensation, operating and financial results, risk factors, and securities registered on the New York Stock Exchange, including Class A common shares and 7.00% Series A cumulative redeemable preferred shares.
Seritage Growth Properties has called a virtual 2026 annual shareholder meeting for June 9, 2026. Holders of 56,324,607 Class A shares as of April 13, 2026 will vote on electing six trustees, ratifying Deloitte & Touche LLP as auditor for 2026, and approving an advisory resolution on executive compensation.
The proxy details Seritage’s ongoing Plan of Sale, under which the board continues to review strategic alternatives, including asset sales or a potential company sale, while using largely cash-based, retention-focused pay programs for senior executives.
Seritage Growth Properties announced that its Board of Trustees declared a cash dividend of $0.4375 per share on its 7.00% Series A Cumulative Redeemable Preferred Shares. The dividend will be paid on July 15, 2026 to holders of record as of June 30, 2026.
Yakira-affiliated investors reported beneficial ownership of 257,618 7.00% Series A cumulative redeemable preferred shares of Seritage Growth Properties. That holding represents 9.20% of the Series A class. The filing lists the Investment Manager, related funds, and Bruce M. Kallins as authorized signatory.
Yakira Capital Management, Inc., as investment adviser to several funds, reported an open-market sale of 27,150 Seritage Growth Properties 7.00% Series A Cumulative Redeemable Preferred Shares at $23.95 per share. After this indirect sale, accounts managed by Yakira Capital Management held 257,618 of these preferred shares.
The shares are held by Yakira Partners, L.P., Yakira Enhanced Offshore Fund Ltd., and MAP 136 Segregated Portfolio, over which Yakira Capital Management has sole voting and investment discretion. Yakira Capital Management disclaims beneficial ownership of these securities except to the extent of its pecuniary interest.
Seritage Growth Properties is a Maryland-based real estate company that has shifted from being a REIT to a taxable C corporation and is executing a shareholder-approved Plan of Sale to monetize its remaining portfolio. As of December 31, 2025, the company owned interests in 10 properties totaling about 0.8 million square feet and 156 acres, with two tenants providing 43.5% and 32.1% of annualized base rent. Management warns that elevated interest rates, tighter capital markets and tenant issues may pressure asset sale prices, delay deals and reduce distributions to shareholders. Seritage reports material weaknesses in internal control over financial reporting, significant debt obligations including a $50.0 million term loan and has concluded that management’s plans do not alleviate substantial doubt about its ability to continue as a going concern.
The Vanguard Group filed Amendment No. 10 to a Schedule 13G/A reporting changes in its beneficial ownership of Seritage Growth Properties common stock. The filing states that, following an internal realignment on January 12, 2026, certain Vanguard subsidiaries will report beneficial ownership separately and The Vanguard Group no longer is deemed to beneficially own those securities. The amendment reports 0 shares beneficially owned and 0% of the class as of the filing, with voting and dispositive powers shown as zero. The filing is signed by Ashley Grim as Head of Global Fund Administration on March 27, 2026.
Seritage Growth Properties declared a cash dividend on its 7.00% Series A Cumulative Redeemable Preferred Shares. The dividend is $0.4375 per preferred share and will be paid on April 15, 2026 to holders of record as of March 31, 2026.
Yakira Capital Management, Inc., as investment adviser to several funds, reported indirect open-market sales of 9,600 Seritage Growth Properties 7.00% Series A Cumulative Redeemable Preferred Shares. The funds sold 7,375 shares on February 23, 2026 at $23.95 per share and 2,225 shares on February 24, 2026 at an average price of $24.0963.
After these transactions, entities advised by Yakira Capital Management, Inc. indirectly held 284,768 preferred shares. Yakira Capital Management, Inc. has sole voting and investment discretion over these securities but disclaims beneficial ownership except to the extent of its pecuniary interest.