STOCK TITAN

Macerich - MAC STOCK NEWS

Welcome to our dedicated page for Macerich news (Ticker: MAC), a resource for investors and traders seeking the latest updates and insights on Macerich stock.

Company Overview

Macerich (NYSE: MAC) is a fully integrated, self-managed, and self-administered real estate investment trust (REIT) that specializes in premium retail real estate. With a focus on retail real estate and regional malls, the company develops, acquires, leases, and manages a portfolio of high-quality shopping centers in some of the most attractive and densely populated markets in the United States. Its widespread presence across regions such as California, Arizona, Chicago, the Greater New York metropolitan area, and Washington, D.C. has positioned Macerich as a critical operator within the commercial real estate industry.

Business Operations and Strategy

Macerich's business model leverages a fully integrated operational framework to oversee every aspect of its portfolio, from strategic property acquisition to day-to-day management and redevelopment projects. By focusing on long-established retail centers that serve as community cornerstones, the company ensures that its properties remain attractive and competitive in a dynamic marketplace. Through vigilant asset management, Macerich enhances tenant relationships, optimizes leasing strategies, and pursues selective joint ventures as part of its overall strategy to simplify and consolidate its business footprint.

Market Presence and Portfolio Composition

The company's portfolio reflects a broad geographic and operational diversity. It commands a significant presence in key urban centers and high-growth regions, both in consolidated assets that it directly manages and in unconsolidated interests that complement its diverse holdings. Macerich's properties are often located in markets with strong demographic profiles, ensuring consistent foot traffic and robust rental income streams. Among its assets are regional malls, super-regional shopping centers, and power centers, which together create a synergistic blend of retail environments that cater to varied consumer needs.

Operational Excellence and Asset Management

Macerich places a premium on operational excellence, employing sophisticated asset management practices to maximize property performance. The company’s approach is built on continual assessment and proactive redevelopment of its properties to align with evolving market trends. With an eye for sustainable practices and long-term value creation, Macerich carefully curates its property mix to maintain competitiveness in both established markets and emerging retail corridors.

Competitive Landscape and Industry Position

Within the competitive framework of the commercial real estate industry, Macerich distinguishes itself through its comprehensive, self-managed operational model. Unlike companies that outsource management functions, Macerich retains control over its asset portfolio which allows for responsive decision-making and tailored improvements. This autonomy enables a deeper understanding of market dynamics and tenant requirements, resulting in enhanced property performance and resilient revenue streams.

Strategic Initiatives and Business Model Nuances

The company continuously evaluates its portfolio to align with market conditions, executing strategic transactions to optimize its holdings. While the asset base is concentrated in high-potential urban markets, Macerich is mindful in adjusting its leverage and refining its joint venture interests where appropriate. Its ongoing focus on redeveloping underperforming assets further demonstrates a sophisticated approach to portfolio management that prioritizes operational efficiency and risk-adjusted returns.

Expert Insights into Retail Real Estate

Investors and industry analysts appreciate the detailed approach Macerich takes in managing its retail real estate assets. Each property is meticulously selected and positioned within a trade area that exhibits strong consumer demand and potential for growth. With integrated operations that span development, leasing, and property management, Macerich employs industry-specific terminology and advanced analytical frameworks to drive asset performance, making it a subject of study for professionals seeking insight into robust retail real estate models.

Comprehensive Asset Management and Value Proposition

The core value proposition of Macerich lies in its ability to manage a diverse and strategically located portfolio, ensuring that its retail centers provide value not only for tenants but also for investors. By concentrating on markets known for their high consumer density and economic vibrancy, the company creates a stable source of rental income while fostering an environment of innovation in property redevelopment. This proactive asset management, combined with its comprehensive in-house expertise, reinforces Macerich's role as a trusted entity in the realm of commercial real estate investment.

Summary

In summary, Macerich embodies a model of excellence and operational rigor in the retail real estate sector. Its extensive portfolio of regional malls and related assets is managed through a fully integrated approach that emphasizes strategic acquisitions, tenant-focused leasing, and proactive property redevelopment. As a self-administered REIT, Macerich delivers detailed and expert insights into market trends and asset performance, catering to both industry professionals and investors seeking a transparent and authoritative analysis of its business operations.

Rhea-AI Summary
Macerich (NYSE: MAC) will introduce Level99, an interactive entertainment destination for adults, to Tysons Corner Center in 2025. The 40,000-square-foot space will offer live-action, challenge-based entertainment, craft beverages, and farm-to-table dining, catering to grown-ups. Level99 CEO, Matt DuPlessie, highlighted the open-world format for guests to discover and explore, offering mental, physical, communication, and skill challenges. The space will accommodate up to 600 players/guests simultaneously, fueled by a 300-seat taproom and scratch kitchen.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.76%
Tags
none
-
Rhea-AI Summary
Macerich announces the arrival of Life Time, a luxury health and wellness brand, at Twenty Ninth Street in Boulder, Colorado in 2025. The 40,000-square-foot space will replace the former Colorado Athletic Club, offering high-quality fitness and lifestyle programs. The move is expected to enhance the wellness and lifestyle offerings at Twenty Ninth Street, adjacent to Google's Boulder campus and the University of Colorado Boulder.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.96%
Tags
none
-
Rhea-AI Summary
The Macerich Company (MAC) disclosed the tax treatment for dividend distributions taxable in 2023 on its Common Stock. In 2023, Macerich paid dividends of $.68 per share, classified for income tax purposes as Taxable Ordinary Dividends and Section 199A Dividends. The company's Record Date, Payable Date, and Rate per Share for each dividend distribution in 2023 were also provided.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.3%
Tags
dividends
Rhea-AI Summary
Macerich (MAC) has scheduled the release of its fourth-quarter 2023 earnings results for February 7, 2024, before the market opens. The management will hold a conference call at 10:00 am Pacific Time on the same day to discuss quarterly results. Participants can join the conference call by telephone or live webcast, with a replay available for 90 days following the live webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.26%
Tags
-
Rhea-AI Summary
Hudson Pacific Properties, Inc. (NYSE: HPP) and Macerich (NYSE: MAC) announced the sale of One Westside and Westside Two in Los Angeles to the Regents of the University of California for $700 million. Hudson Pacific held a 75% interest and Macerich a 25% interest in the joint venture that owned the assets, which total approximately 687,000 square feet. The sale significantly bolsters Hudson Pacific's balance sheet, with no debt maturities until year-end 2025. Macerich also aims to maximize value for stakeholders and improve liquidity profile with the net proceeds. Hudson Pacific used net proceeds to repay amounts outstanding on its unsecured revolving credit facility, addressing debt maturities until December 2025 and strengthening compliance with unsecured revolving credit facility covenants.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.24%
Tags
none
-
Rhea-AI Summary
Macerich (NYSE: MAC) announced the successful closure of a $710 million refinance for Tysons Corner Center in Northern Virginia. The new CMBS loan has a fixed interest rate of 6.60% and matures on Dec. 6, 2028, replacing an existing $666 million loan. Tysons Corner Center, a 1.8 million square foot retail powerhouse, generates $1,200 sales per square foot and had a leased occupancy of 96% as of Q3 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.16%
Tags
none
Rhea-AI Summary
The Macerich Company has released its Third Quarter 2023 Earnings Results and Supplemental Information. A conference call will be held to discuss quarterly results. Participants can join the call by telephone or access the webcast. A replay of the webcast will be available for 90 days.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.41%
Tags
-
Rhea-AI Summary
Macerich Company declares quarterly cash dividend of $.17 per share of common stock.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.96%
Tags
dividends
-
Rhea-AI Summary
Macerich recognized as #1 in US retail and top 10 worldwide in GRESB Real Estate Assessment for 9th consecutive year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.51%
Tags
none
Rhea-AI Summary
Macerich announces successful opening of Arizona's first SCHEELS at Chandler Fashion Center, drawing tens of thousands of first-day shoppers and increasing traffic by over 108%. SCHEELS expected to generate four times the revenue of the previous tenant and add significant traffic to the center.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.68%
Tags
none

FAQ

What is the current stock price of Macerich (MAC)?

The current stock price of Macerich (MAC) is $14.68 as of April 18, 2025.

What is the market cap of Macerich (MAC)?

The market cap of Macerich (MAC) is approximately 3.5B.

What is the core business of Macerich?

Macerich is a fully integrated REIT that focuses on the acquisition, development, leasing, and management of high-quality retail real estate, primarily regional malls and shopping centers.

How does Macerich generate its revenue?

The company generates revenue primarily through rental income from its extensive portfolio of retail assets. Its integrated management approach ensures optimized leasing strategies and enhanced property performance.

In which markets does Macerich primarily operate?

Macerich is primarily active in densely populated U.S. markets such as California, Arizona, Chicago, the Greater New York metropolitan area, and Washington, D.C., among others.

How is Macerich structured as a REIT?

Macerich operates as a fully self-managed and self-administered real estate investment trust, overseeing every facet of its operations from acquisition to property management with a focus on retail real estate.

What differentiates Macerich from its competitors?

Its fully integrated operational model allows for direct oversight of property performance and tenant relations, enabling timely strategic interventions and operational efficiencies that set it apart from competitors.

What types of properties are included in Macerich's portfolio?

The portfolio includes a diverse mix of retail assets such as regional malls, super-regional shopping centers, and power centers, strategically located in markets with strong consumer demand.

How does Macerich manage property redevelopment and asset performance?

The company employs a proactive asset management strategy that balances redevelopment, leasing optimization, and strategic acquisitions to maintain and enhance property performance over time.
Macerich

NYSE:MAC

MAC Rankings

MAC Stock Data

3.51B
250.79M
0.64%
102.89%
6.5%
REIT - Retail
Real Estate Investment Trusts
Link
United States
SANTA MONICA