Seritage Growth Properties has sold more than $265 million worth of real estate in recent months and has contracts to sell another $260 million-plus as it pays down debt to billionaire Warren Buffett, trying to buy more time to wind down the former real estate investment trust that spun out of Sears in 2015.
Seritage Sells $265 Million in Properties as It Pays Down Debt to Warren Buffett
Sears Property Spinoff Has $260 Million-Plus in Additional Sales Under Contract in Eventful Year
By Ryan Ori
CoStar News
August 12, 2022 | 5:21 P.M.
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IN THIS ARTICLE
- Properties
- Midtown Mall
600 Northern Lights Blvd, Anchorage, AK
- Companies
- Seritage Growth Properties
Real Estate