Some thoughts on the Dallas based hospitality REIT spanning across two separate pieces.
“How do you make money? Spin-offs, split-ups, liquidations, mergers and acquisitions.” – Mario Gabelli
As the name attempts to imply, Seritage Growth Properties (NYSE: SRG) is a Maryland incorporated, self-administered and managed real estate investment trust (REIT) which only recently (July 2015) spun-off from its long-time parent – Sears Holdings Corp. (NASDAQ: SHLD). Something which could not come soon enough as the public offering raised slightly over $1.6 billion for the cash-strapped big box retailer, somewhat easing its liquidity constraints at least for the time being.
As contributed to Seeking Alpha
Here ye’ here ye’ proud to announce i am now officially a Fool (Contributor/Analyst for
@themotleyfool) But some already knew that;)
Tis’ the first in a five part series on Welltower, Inc. – the largest public healthcare REIT and the second largest in the US overall: http://goo.gl/qhw65P