Comment on Sears liquidation would cost landlord half its rent income

Sears liquidation would cost landlord half its rent income

A Sears liquidation would cost its real estate spinoff 47 percent of its annual rent income, or about 84 million in cash flow, according to regulatory filings.Seritage Growth Properties, a real estate investment trust, was created in 2015 by Sears Chief Executive Officer Eddie Lampert to be the property owner and landlord for select...

 

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