Seritage Growth Properties Makes $160 Million Loan Prepayment

Seritage Growth Properties (NYSE: SRG) (the Company), a national owner and developer of 170 retail, residential and mixed-use properties, today announced that on December 31, 2021, the Company made a voluntary prepayment of $160 million toward its $1.6 billion term loan facility provided by Berkshire Hathaway Life Insurance Company of Nebraska (Berkshire Hathaway).