MAC News and Press, Macerich Company From 05/18/23

Wish You Were Here Group and Macerich Announce Upscale, Experiential Restaurant Concept Élephante for Scottsdale Fashion Square PR Newswire Scottsdale Is First Expansion Location for Acclaimed Coastal Italian Hotspot Élephante in Santa Monica SANTA ...

2023-05-15 11:38:53 ET Summary In the past decade, many REITs have become complacent and devised aggressive financing strategies that were underpinned by low interest rates. The sudden shift in the interest rates and a probability of a "higher-for-longer" scenario can put a notabl...

2023-05-15 10:41:25 ET Summary Unibail-Rodamco-Westfield is the only class-A mall owner whose shares never took off in the post-pandemic stock market rally. Concerns over strategy and leverage have held the stock back, but new management has worked hard to point the company in the...

2023-05-11 12:04:11 ET Summary Macerich shares have performed poorly thus far in 2023, down 13%. Leasing trends remain very strong. Leasing trends remain robust following record leasing in 2022. Debt remains elevated at nearly 9x EBITDA, though Macerich has made substantial pr...

2023-05-08 08:00:00 ET Summary Legendary billionaire Charlie Munger recently warned of 'trouble' and 'agony' for the real estate sector. We look at his comments and offer our perspective on the issues confronting the real estate sector today. We also share some of our top real...

2023-05-07 09:00:00 ET Summary U.S. equity markets finished lower on a turbulent week after the Federal Reserve continued its historically-aggressive monetary tightening course, sparking renewed turmoil in the regional banking sector. After closing at its highest levels since earl...

2023-05-04 21:00:25 ET Image source: The Motley Fool. Macerich (NYSE: MAC) Q1 2023 Earnings Call May 04, 2023 , 1:00 p.m. ET Operator Continue reading For further details see: Macerich (MAC) Q1 2023 Earnings Call Transcript

2023-05-04 18:58:09 ET The Macerich Company (MAC) Q1 2023 Results Conference Call May 04, 2023 03:00 PM ET Company Participants Samantha Greening - Director of Investor Relations Tom O'Hern - Chief Executive Officer Scott Kingsmore - Senior Executive Vice Preside...

2023-05-04 12:11:34 ET Macerich ( NYSE: MAC ) stock tanked 8.5% in Thursday early afternoon trading as the shopping mall REIT turned in adjusted fund from operations that slightly missed Wall Street expectations and dropped Q/Q and Y/Y against a tough macroeconomic backdrop...

2023-05-04 07:03:30 ET Macerich press release ( NYSE: MAC ): Q1 FFO of $0.44 beats by $0.03 . Revenue of $214.85M (-0.6% Y/Y) beats by $10.2M . Same center net operating income (“NOI”), excluding lease termination income, increased 4.8% in the fir...