Seritage Growth Properties reported a net loss per share attributable to common shareholders of $0.24 for the third quarter ended September 30, 2025, compared to a net loss per share of $0.41 in the prior period. The company's NOI-cash basis at share for the quarter was $1.6 million, reflecting a $0.5 million impact from sold properties. As of September 30, 2025, Seritage had $59.9 million in cash on hand, including $8.3 million in restricted cash. The company continues asset sale processes with three assets under contract and expects potential near-term closings, which may enable a sizeable prepayment of its Term Loan Facility principal balance before year end.
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