Seaport Entertainment Sells New York Property for About $8.3 Million
Seaport Entertainment (SEG) announced on Tuesday that it has sold an eight-story residential building located in New York for approximately $8.3 million. The article, sourced from MT Newswires, provides this financial transaction detail but requires a premium subscription to read further.
Seaport Entertainment sells Manhattan building for $8.25 million By Investing.com
Seaport Entertainment Group Inc. has sold a residential building at 85 South Street in Lower Manhattan for $8.25 million to an affiliate of MD Squared Property Group and Churchwick Partners. The sale, which involved an eight-story building with 21 multifamily units and commercial space, aims to strengthen Seaport Entertainment's balance sheet and focus on entertainment and hospitality assets. The property was originally acquired by Howard Hughes Holdings in 2014.
Seaport Entertainment sells Manhattan building for $8.25 million
Seaport Entertainment Group Inc. has sold a residential building at 85 South Street in Lower Manhattan for $8.25 million to an affiliate of MD Squared Property Group and Churchwick Partners. This strategic sale aims to strengthen the company's balance sheet and refocus on its core entertainment and hospitality operations. The eight-story building includes 21 multifamily units and additional commercial space.
A Lower Manhattan building with 21 apartments sold for $8.25 million.
Seaport Entertainment Group Inc. announced the successful sale of its eight-story residential building at 85 South Street in New York, NY, for $8.25 million. The property, which features 21 multifamily units and 5,500 square feet of commercial space, was acquired by an affiliate of MD Squared Property Group and Churchwick Partners. This divestment is part of Seaport Entertainment Group's strategy to strengthen its balance sheet and concentrate on its core entertainment and hospitality businesses.
Seaport Entertainment sells Manhattan building for $8.25 million By Investing.com
Seaport Entertainment Group Inc. (NYSE:SEG) has sold a residential building at 85 South Street in Lower Manhattan for $8.25 million to an affiliate of MD Squared Property Group and Churchwick Partners. The eight-story building comprises 21 multifamily units and 5,500 square feet of commercial space. This sale is part of Seaport Entertainment's strategy to strengthen its balance sheet and focus on core entertainment and hospitality operations.
Form 4 Seaport Entertainment Group Inc For: 27 September By Investing.com
This article from Investing.com reports on a Form 4 filing for Seaport Entertainment Group Inc. The filing was made on September 27th. The article also provides a brief reference to the stock symbol SEG and its current performance.
Seaport Entertainment Group (SEG) withholds 1,804 CEO shares for tax payment
Seaport Entertainment Group (SEG) CEO Matthew Morris Partridge had 1,804 shares withheld on September 18, 2026, to cover tax liabilities arising from vested equity awards. The shares were valued at $24.14 each, and Partridge now directly holds 109,267 shares. This transaction was related to the company's 2024 Equity Incentive Plan and was not made under a Rule 10b5-1 trading plan.
Kahn Brothers Group Inc. Invests $24.39 Million in Seaport Entertainment Gr $SEG
Kahn Brothers Group Inc. has invested $24.39 million in Seaport Entertainment Group (NYSE:SEG), acquiring a 7.16% stake in the company during the second quarter. Despite this significant investment, Seaport Entertainment Group continues to face profitability challenges, reporting a negative net margin and return on equity. Analyst opinions on SEG are divided, with one firm issuing a "buy" rating and another maintaining a "sell" rating, resulting in a consensus "Hold" rating.
Seaport Entertainment Gr Q2 Earnings Call Highlights
Seaport Entertainment Group (NYSE: SEG) reported its first quarter of positive operating EBITDA and adjusted net income in Q2 2026, driven by improved operations, lower corporate costs, the closure of the Tin Building, and a payment from Nike's early lease termination. The company expects over $20 million in incremental annualized operating EBITDA from upcoming tenant openings and anticipates continued year-over-year improvement with broader earnings gains projected for 2027 and 2028.
JonesTrading Remains a Buy on Seaport Entertainment Group Inc. (SEG)
JonesTrading analyst Matthew Erdner has reiterated a Buy rating for Seaport Entertainment Group Inc. (SEG), setting a price target of $36.00. This recommendation comes despite the company reporting a quarterly revenue of $34.29 million and a GAAP net loss of $10.11 million for the quarter ending June 30. The analyst consensus for Seaport Entertainment Group Inc. remains a Hold.
SEG: Index Additions And New Seaport Restaurant Partnership Will Drive Upside
Analyst price targets for Seaport Entertainment Group (SEG) have increased from $30 to $36 due
Seaport Entertainment Group Reports Second Quarter 2026 Results
Seaport Entertainment Group reported strong second-quarter 2026 results, with all business segments achieving profitability for the first time in the company's two-year history. The company saw a significant improvement in Net Loss Attributable to Common Stockholders and Non-GAAP Adjusted Net Income, driven by increased visitor engagement, new offerings, and strategic asset management including the sale of the 250 Water Street development site. Key updates include successful new venue openings, a playoff run for the Las Vegas Aviators, and progress on new partnerships and event spaces.
Press Release: Seaport Entertainment Group Reports Second Quarter 2026 Results
This press release from Seaport Entertainment Group announces their second quarter 2026 financial results. It provides a detailed overview of the company's performance during this period. The report likely includes key financial metrics and operational highlights.
Seaport Entertainment Group Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026
Seaport Entertainment Group Inc. reported its earnings for the second quarter and first six months of 2026. For the second quarter, sales increased to $7.05 million, but revenue decreased to $34.29 million, with a net loss of $10.11 million. For the six months, sales rose to $9.84 million, however, revenue declined to $47.03 million, and the net loss widened to $53.86 million compared to the previous year.
