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J.C. Penney implosion hits two New York City malls

J.C. Penney’s bankruptcy is resulting in a bloodbath for its employees and pain for its landlords. The retail chain,...

J.C. Penney implosion hits two New York City malls
From left: Taubman's Robert Taubman, Macerich's Thomas O'Hern and Simon Property Group's David Simon (Credit: Getty Images) 

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...

Mall landlords’ stocks plunge as REIT eyes bankrupt Forever 21
Clockwise from left: Kings Plaza Shopping Center in Brooklyn, 45-18 Court Square  in Long Island City with GFP's Eric Gural, and 150-13 89th Avenue in Jamaica 

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...

Brooklyn mall’s $487M tops outer-borough loan list
Kings Plaza Shopping Center and JPMorgan's Jamie Dimon 

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 lands nearly $500M refi for Kings Plaza Shopping Center
Macerich shopping malls and Macerich's Jesse Franklin (Credit: Macerich and CREtech)

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...

Macerich exec says “the retail apocalypse is a good thing”
Mall owner Macerich expects more store closures in 2019 across portfolio: CEO

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...

Mall owner Macerich expects more store closures in 2019 across portfolio: CEO
National Cheat Sheet: Fed’s interest rate hike raises Trump Org’s borrowing costs, US housing market slowdown could continue … & more

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...

National Cheat Sheet: Fed’s interest rate hike raises Trump Org’s borrowing costs, US housing market slowdown could continue …
& more
How one REIT is trying to lure online brands into brick-and-mortar stores

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...

How one REIT is trying to lure online brands into brick-and-mortar stores
Macerich partners with Industrious to bring co-working into malls

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 partners with Industrious to bring co-working into malls
Macerich plans affordable shops, outdoor space at Queens mall

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 plans affordable shops, outdoor space at Queens mall

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