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Seritage closes $170M in Q4 asset sales but faces slow progress on further deals

Company Fundamentals
03 Apr 2026
Seeking Alpha
View Source
Bearish
pluang ai news

Seritage Growth Properties completed three asset sales in Q4 2025, generating $170 million in gross proceeds from contracts without due diligence contingencies. However, despite earlier mentions of potential additional proceeds of $118 million from ongoing negotiations, the company currently only has $17 million in assets under contract for sales extending into Q1 2026. This slow progress over the past 4.5 months raises uncertainty about Seritage's projected value and future asset sale momentum.

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