Login

Seritage Growth Properties Pays Down Another $110 Million in Debt to Warren Buffett

Sears Real Estate Spinoff Sells More Properties as It Looks to Wind Down
Properties that Seritage Growth Properties has on the market for sale include the 17-acre Vista Commons development site in Dallas, shown in a conceptual rendering. (Seritage Growth Properties/Omniplan)
Properties that Seritage Growth Properties has on the market for sale include the 17-acre Vista Commons development site in Dallas, shown in a conceptual rendering. (Seritage Growth Properties/Omniplan)
CoStar News
October 31, 2022 | 6:57 P.M.

Seritage Growth Properties has paid down another $110 million in debt to billionaire Warren Buffett, moving the Sears real estate spinoff closer to extending the loan maturity as part of a longer-term plan to wind down the company.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE