Things happened faster than the REIT was hoping, and now it has to lean on Buffett's Berkshire Hathaway for help.
News & Analysis: Seritage Growth Properties (Class A)
Seritage Growth Properties has finally untethered itself from its former parent company.
The Oracle of Omaha has his money in these stocks, and here's why you might want to consider them as well.
The REIT is finally nearing an inflection point toward long-term growth.
Most of the damage from Sears and Kmart store closures is already baked into Seritage's results -- and the retail REIT has lots of new tenants set to begin paying rent over the next year or two.
The Sears spinoff is making progress on some of its larger-scale redevelopment opportunities, which take longer to pull off but have greater upside.
Seritage's first-quarter earnings were terrible thanks to Sears, but that hasn't changed anything about the long-term opportunity
Seritage Growth Properties is becoming less dependent on its top tenant with every passing quarter.
The Sears real estate spinoff hasn't yet felt the full impact of Sears' bankruptcy filing.
The REIT needs to preserve capital for now so it can fund redevelopment projects.