Seritage Nears Full Repayment of Major Berkshire Hathaway Loan

Seritage Growth Properties has made another substantial voluntary payment toward its term loan, bringing the real estate company to the brink of eliminating a debt that was once owed to Berkshire Hathaway. The firm’s disciplined financial strategy continues to yield significant results.

On December 4, 2025, Seritage allocated $20 million as a prepayment directly to its Senior Secured Term Loan, which was originally provided by Berkshire Hathaway Life Insurance Company of Nebraska. This latest move cuts the outstanding balance on this specific facility to just $50 million. The loan’s principal has been reduced from an initial $1.6 billion, meaning the company has retired approximately 97% of this obligation since it began its aggressive repayment program in Read more...