Seritage Growth Properties is a fully integrated, self-administered and self-managed real estate investment trust (REIT). It is engaged in the ownership, development, redevelopment, management, sale and leasing of diversified retail and mixed-use properties throughout the United States. Its portfolio consisted of interests in over 32 properties comprised of approximately 4.1 million square feet of gross leasable area (GLA) or build-to-suit leased area and 460 acres of land. The portfolio consists of approximately 2.8 million square feet of GLA and 326 acres held by 23 wholly owned properties (the Consolidated Properties) and 1.2 million square feet of GLA and 134 acres held by nine unconsolidated entities. Its subsidiaries include Seritage SRC Finance LLC, Seritage KMT Finance LLC and Seritage SRC Mezzanine Finance LLC. Its assets are held by, and its operations are primarily conducted, directly or indirectly, through Seritage Growth Properties, L.P. (the Operating Partnership).
Growing
The company is in a growing phase, with the latest annual income totaling USD 17.62M.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 100.95.
Fairly Valued
The company’s latest PE is -2.60, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 50.73M shares, decreasing 10.85% quarter-over-quarter.
Held by HOTCHKIS & WILEY
Star Investor HOTCHKIS & WILEY holds 4.60M shares of this stock.