The Sears spinoff is making progress on some of its larger-scale redevelopment opportunities, which take longer to pull off but have greater upside.
News & Analysis: Seritage Growth Properties (Class A)
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.
The steep downtrend in Seritage Growth Properties' earnings power is on track to reverse later this year.
Sears and Kmart may not have a long-term future, but that's OK for PREIT and Seritage Growth Properties, as long as the struggling retail chains can limp on for another two years or so.
Getting into the Warren Buffett mindset isn't easy, but when you dig into his approach, you can find some great long-term holdings.
Stock-market volatility creates buying opportunities, and here are three of them.
The Sears Holdings real estate spinoff posted a sharp decline in profitability for the third quarter, and things will get worse before they get better.