New York
Dec 23, 2024
Top loans: Queens takes the crown, landing three of last month’s five largest loans
Santa Monica-based Macerich reeled in a $525M refi at its Queens Center mall
Macerich
Los Angeles
Nov 8, 2024
Macerich turnaround features sale of The Oaks mall for $157M
REIT’s SoCal divestment list also includes Santa Monica Place and Lakewood Center
Los Angeles
Aug 1, 2024
Macerich near to close on $115M refi for High Desert mall
Loan for Mall of Victor Valley comes after $300M default on Santa Monica Place
Los Angeles
May 11, 2022
Macerich continues cost-cutting with refinance of Ventura mall
886K sf mall home to Target, Trader Joe’s, shuttered Sears
Los Angeles
Apr 14, 2022
Google to spend $3.5B on offices, data centers in California this year
Part of $9.5B allocation for commercial real estate across US this year
Chicago
Feb 22, 2022
Macerich sells 50% stake in Mag Mile mall for $21M
Macerich cuts Chicago-area holdings to one Rosemont property
New York
Aug 5, 2021
“Revenge buying” powers mall owner Macerich to crush estimates
With shopper traffic near pre-pandemic levels and tenant sales up over 2019, the REIT calls it a comeback
National
Apr 17, 2021
Macerich unloads Phoenix mall for $100M; redevelopment awaits
Paradise Valley Mall will become 3M-sf multifamily, office, retail complex
New York
Mar 22, 2021
Here’s what tenants are paying at Macerich’s Kings Plaza mall
J.C. Penney closed 95K-sf store after bankruptcy
National
Feb 2, 2021
Macerich looks to tap investors after stings from Covid then day traders
Mall REIT prepares to issue $500M in new equity
Los Angeles
Nov 6, 2020
Here’s what tenants are paying at Macerich’s Santa Monica Place
Open-air mall anchored by Nordstrom and Bloomingdale’s, which moved in following 2010 renovation
New York
Jul 16, 2020
J.C. Penney implosion hits two New York City malls
Layoffs, closure dates announced for Manhattan Mall, Kings Plaza
Los Angeles
Jun 22, 2020
Simon-Macerich mall project in Carson sparks latest legal claim
Contractor Pacific Steel says it is owed $1M in work at the stalled development, marking 2nd lawsuit in recent weeks
Los Angeles
May 25, 2020
$400M mall brawl: Simon Property Group, Macerich sue city of Carson
Retail developers claim city mismanaged project, inflated cost of environmental cleanup by $53M
Los Angeles
May 4, 2020
$400M mall brawl: Simon Property Group, Macerich sue city of Carson
Retail developers claim city mismanaged project, inflated cost of environmental cleanup by $53M
New York
Jan 29, 2020
Mall landlords’ stocks plunge as REIT eyes bankrupt Forever 21
Stocks for Simon, Taubman and Macerich took a nosedive following the news late Friday
New York
Jan 8, 2020
Brooklyn mall’s $487M tops outer-borough loan list
Kings Plaza Shopping Center’s package was No. 1 in December
New York
Dec 11, 2019
Macerich lands nearly $500M refi for Kings Plaza Shopping Center
Funding comes from JPMorgan Chase and includes almost $60M in new financing
Los Angeles
May 2, 2019
Macerich’s tough Q1 comes amid store closures, redevelopment plans
The mall REIT, which has been redeveloping some properties, has been hit hard by Sears' woes
Los Angeles
Feb 7, 2019
Mall owner Macerich expects more store closures in 2019 across portfolio: CEO
The REIT reported sharp declines in its Q4 and 2018 net income; Sears has 21 stores in Macerich properties