July 10, 2019 12:27 AM ET

Equity Real Estate Investment Trusts (REITs)

Company Overview of Macerich Company

Company Overview

Macerich, an S&P 500 company, is a fully integrated, self-managed and self-administered real estate investment trust, which focuses on the acquisition, leasing, management, development and redevelopment of regional malls throughout the United States. Macerich currently owns 51 million square feet of real estate consisting primarily of interests in 47 regional shopping centers. Macerich specializes in successful retail properties in many of the country's most attractive, densely populated markets with significant presence in the West Coast, Arizona, Chicago, and the Metro New York to Washington, DC corridor. A recognized leader in sustainability, Macerich has earned Nareit's prestigious "Lead...

401 Wilshire Boulevard

Suite 700

Santa Monica, CA 90401

United States

Founded in 1965

715 Employees

Phone:

310-394-6000

Key Executives for Macerich Company

CEO & Director
Age: 63
Total Annual Compensation: $1.6M
President & Director
Age: 64
Total Annual Compensation: $1.7M
Executive Vice President of Leasing
Age: 56
Total Annual Compensation: $695.4K
Executive VP, Chief Legal Officer & Secretary
Age: 55
Total Annual Compensation: $1.3M
Compensation as of Fiscal Year 2018.

Macerich Company Key Developments

Macerich Company Presents at NAREIT's REITweek: 2019 Investor Conference, Jun-05-2019 02:45 PM

Macerich Company Presents at NAREIT's REITweek: 2019 Investor Conference, Jun-05-2019 02:45 PM. Venue: New York Hilton Midtown, 1335 6th Ave., New York, New York, United States.

Macerich Company Reaffirms Earnings Guidance for 2019

Macerich Company reaffirmed earnings guidance for 2019. The company expects Diluted EPS to be in range of $0.41 to $0.49.

Macerich Company Reports Earnings Results for the First Quarter Ended March 31, 2019

Macerich Company announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced total revenue was USD 226.522 million compared to USD 236.734 million a year ago. Net income was USD 7.824 million compared to net loss of USD 33.573 million a year ago. Basic earnings per share was USD 0.05 compared to basic loss per share of USD 0.24 a year ago.

Similar Private Companies By Industry

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
October 30, 2018
Deliv, Inc.
Merger/Acquisition
August 3, 2018
298,000 Square foot Community Center in Goodyear
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