Mall landlords’ stocks plunge as REIT eyes bankrupt Forever 21
The news that Simon Property Group could buy bankrupt retailer Forever 21 has cost the mall landlord nearly $2...
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Brooklyn mall’s $487M tops outer-borough loan list
December’s largest outer-borough loans serve as an admittedly small rebuttal to the narrative of dying shopping malls. Large loans...
Macerich lands nearly $500M refi for Kings Plaza Shopping Center
Retail giant Macerich has landed a $487 million refinancing for its Kings Plaza Shopping Center amid a bleak environment...
Macerich exec says “the retail apocalypse is a good thing”
As e-commerce continues to kill brick-and-mortar stores, some landlords appear to be embracing the new reality for retail. “The...
Mall owner Macerich expects more store closures in 2019 across portfolio: CEO
As shopping malls nationwide have been battered by ecommerce, mall landlord Macerich has sought alternatives by redeveloping some of...
National Cheat Sheet: Fed’s interest rate hike raises Trump Org’s borrowing costs, US housing market slowdown could continue …
& more
Trump Org faces extra $1M in borrowing costs from higher interest rates The Federal Reserve irked President Donald Trump by raising interest rates for...
& more
How one REIT is trying to lure online brands into brick-and-mortar stores
Macerich is trying out a new program in its malls to make it easier for e-commerce brands to open...
Macerich partners with Industrious to bring co-working into malls
Mall owner Macerich announced a partnership with co-working company Industrious to turn unused retail space into flexible offices. The...
Macerich plans affordable shops, outdoor space at Queens mall
Macerich, a real estate investment trust that owns retail properties nationwide, has big plans for drawing crowds to its...
Macerich to buy Kings Plaza Mall for $751M
Shopping Mall Investor And Operator Macerich Will Buy The Kings Plaza mall in Brooklyn for $751 million, the firm announced today. Macerich — the owner of Queens Center and the Shops at Atlas Park — is...
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