Macerich

Macerich Co. operates as a real estate investment trust, which engages in the acquisition, ownership, development, redevelopment, management and leasing of regional and community shopping centers located throughout the United States. It conducts all of its operations through the operating partnership and the management companies. The company was founded by Mace Siegel, Dana K. Anderson, Arthur M. Coppola and Edward C. Coppola in 1964 and is headquartered in Santa Monica, CA.

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Macerich (MAC) posts strong Q4 results, eyes growth with luxury retailers

Macerich (MAC) delivered a solid performance in Q4 '22 with positive sales trends and strong leasing metrics. Despite flat sales in Q4, annual sales were up 3%, showcasing consumer resilience. The company is strategically positioned for growth with a focus on redevelopment and attracting luxury retailers.

Macerich reports robust Q1 performance with strategic growth initiatives

Macerich's Q1 performance reflects strong leasing demand, NOI growth, and strategic refinancing activities
Operational strengths in diverse projects, billboards, and consumer traffic highlight growth potential
Challenges include banking uncertainty, occupancy gaps, and transitional vacancy impacts on rents
Opportunities lie in land sales, leverage targets, redevelopment projects, and industry networking

Macerich reports strong Q2 performance, navigates challenges with strategic focus

Macerich's Q2 2023 performance reflects resilience and growth, driven by strategic leasing activities and positive financial results.
Challenges like lower sales productivity and refinancing needs are being addressed, while opportunities in temporary attractions and mixed-use projects are being leveraged.
Management's focus on balancing financial stability and growth presents a path forward amidst economic challenges and evolving consumer trends.
Overall, Macerich's proactive approach positions them well to navigate the current retail landscape and capitalize on emerging opportunities.

Macerich reports strong Q3 performance, eyes growth amid diverse demand

Macerich's Q3 2023 performance reflects robust leasing activity, financial stability, and a positive outlook for future growth driven by diverse tenant demand.
While facing challenges in leverage targets and tenant negotiations, the company is well-positioned to leverage opportunities in its portfolio's varied uses and upcoming store openings.
Overall, Macerich's strong performance, strategic liquidity increase, and focus on NOI growth signal a promising trajectory amidst a dynamic leasing environment.

Macerich posts robust Q4 results, eyes growth through new leases

Macerich delivered a strong Q4 performance with positive FFO and NOI growth.
The company faces challenges in managing expenses and optimizing leasing spreads.
Opportunities lie in financing activities, new store openings, and upcoming projects.

MAC reports Q1 challenges but sees opportunities in innovative growth

MAC's Q1 performance reflects challenges with lower FFO per share but strengths in strong leasing volumes and positive leasing spreads. The company is optimistic about backfilling strategies for store closures and aims to reduce leverage while improving operational performance. Opportunities lie in innovative tenant replacements and strategic asset utilization for future growth.

Macerich (MAC) reports solid Q2 performance and strategic debt reduction

Macerich (MAC) demonstrated resilience and progress in Q2 2024, with a strong operational performance and strategic focus on debt reduction.
While facing challenges in debt management and market dynamics, the company's strengths in asset optimization and leasing efficiency position it well for future growth.
By leveraging opportunities to enhance its portfolio and drive operational improvements, Macerich (MAC) can navigate challenges and capitalize on market potential.

Macerich reports improved Q3 performance, targets debt reduction and growth

Macerich's Q3 performance reflects positive operational improvements, strong leasing activity, and a strategic focus on debt reduction and portfolio optimization.
While facing challenges in the retail landscape and leadership transitions, the company's proactive approach to growth initiatives and financial discipline positions it well for future success.
By leveraging opportunities in simplification, strategic acquisitions, and operational enhancements, Macerich aims to drive shareholder value and maintain a competitive edge in the market.

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Macerich Co. operates as a real estate investment trust, which engages in the acquisition, ownership, development, redevelopment, management, and leasing of regional and community shopping centers located throughout the United States. The company was founded by Mace Siegel Dana K. Anderson, Arthur M. Coppola and Edward C. Coppola in 1964 and is headquartered in Santa Monica, CA.

The Macerich Company (MAC) CEO Tom O'Hern on Q1 2021 Results - Earnings Call Transcript

Amid the rebound in shopper traffic and sales, Macerich (MAC) inks two leases with Primark to rent out space at Tysons Corner Center and Green Acres Mall.

Macerich (MAC) Sees Strong Demand, Inks Two Store Leases

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SANTA MONICA, Calif., April 30, 2021 /PRNewswire/-- WHAT: Macerich (NYSE: MAC) reschedules First Quarter 2021 Earnings Release WHEN: Earnings Results will be released before market open on Tuesday, May 11, 2021.

Macerich Reschedules First Quarter 2021 Earnings Release And Conference Call

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SANTA MONICA, Calif., April 28, 2021 /PRNewswire/ -- WHAT: Macerich (NYSE: MAC) Schedules First Quarter 2021 Earnings Release WHEN: Earnings Results will be released before market open on Wednesday, May 12, 2021.

Macerich Schedules First Quarter 2021 Earnings Release And Conference Call

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The heavily indebted mall REIT finally bit the bullet and sold more stock to avert a potential liquidity crunch.

Macerich Dilutes Shareholders to Strengthen Balance Sheet

SANTA MONICA, Calif., April 14, 2021 /PRNewswire/ -- Today, the Macerich Company (NYSE: MAC, the "Company") closed on the renewal of its corporate credit facility.

Macerich Renews Corporate Credit Facility

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With its nearly 5% yield, some dividend investors might be looking at Macerich. Read this before you decide to buy.

Is Macerich the Dividend Stock for You?

I would, figuratively speaking, like to strangle the management of Macerich (MAC), but that is not what this article is about.

Strangling Macerich

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Macerich's (MAC) latest move to realize the market value of the non-core asset comes in as the retail landscape continues to evolve and adds to its financial flexibility.

Macerich (MAC) Reaps $95M by Selling Stake in Phoenix Asset

The land surrounding the Paradise Valley Mall in Phoenix has been rezoned to create a new development with homes and offices.

Macerich's sale of Phoenix mall offers a hint at what's to come for dying malls: Rezoning and new uses

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Media Narratives, Malls, And Black Swans

SANTA MONICA, Calif., April 1, 2021 /PRNewswire/ -- Macerich (NYSE: MAC), one of the nation's leading owners, operators and developers of one-of-a-kind retail and mixed-use properties in top markets, today announced it has sold Paradise Valley Mall, a non-core asset in Phoenix, for $100 million to a newly formed joint venture with an affiliate of RED Development.

Macerich Sells 95% Of Non-Core Phoenix Asset, Generates $95 Million

Macerich's (MAC) concerted efforts to bolster liquidity are likely to help the company withstand the current turbulence in the retail real estate market.

Macerich (MAC) Boosts Liquidity, Revises '21 FFO View, Stock Down

On 26 March, MAC announced that it had raised liquidity through share dilution and disposal of Paradise Valley Mall.

What Can We Make Out Of Macerich's Dilution?

Macerich price is down by 70% compared to 2019.

News for Macerich Stock (MAC)