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.
The Macerich Company reports developments as a fully integrated, self-managed and self-administered REIT that owns, operates and develops retail real estate in densely populated U.S. markets. Its portfolio is concentrated in California, the Pacific Northwest, Phoenix/Scottsdale, and the corridor from Metro New York to Washington, D.C., with interests primarily in retail centers and regional mall properties.
Recurring Macerich news includes quarterly earnings releases and supplemental operating data, common-share dividend declarations, property acquisitions and dispositions, redevelopment and merchandising plans, credit facility activity, and business update presentations for real estate conferences. Company updates also address liquidity, capital allocation, portfolio quality, tenant mix, and environmental, social and governance priorities tied to its retail property platform.
Macerich (NYSE: MAC) priced an underwritten public offering of 14,000,000 common shares at $23.90 per share via forward sale agreements with several banks. Forward purchasers or affiliates will borrow and sell these shares now, with physical settlement by June 16, 2027.
Macerich granted underwriters a 30-day option for up to 2,100,000 additional shares. The company will not initially receive proceeds and plans to use future net proceeds for acquisitions and general corporate purposes, potentially holding funds in short-term interest-bearing accounts until needed.
Macerich (NYSE: MAC) commenced an underwritten public offering of 14,000,000 common shares using forward sale agreements, with a 30-day option for underwriters to buy up to 2,100,000 additional shares.
The company expects to physically settle by June 16, 2027 and plans to use any net proceeds for future acquisitions and general corporate purposes.
Macerich (NYSE: MAC) priced an upsized underwritten public offering of 19,200,000 common shares at $21.00 per share, for expected gross proceeds of about $403.2 million. Underwriters have a 30-day option for up to 2,880,000 additional shares.
The deal, increased from 16,000,000 shares, is expected to close on May 13, 2026, subject to customary conditions. Proceeds will repay revolving credit facility borrowings used to acquire Annapolis Mall and fund general corporate purposes, including additional properties and Annapolis Mall leasing capital investments.
Macerich (NYSE: MAC) began an underwritten public offering of 16,000,000 common shares, with an expected 30‑day option for underwriters to buy up to 2,400,000 more shares.
Macerich plans to use net proceeds to repay revolving credit facility borrowings tied to the Annapolis Mall acquisition and for general corporate purposes, including additional property acquisitions and Annapolis Mall leasing investments.
Macerich (NYSE: MAC) acquired Annapolis Mall for a total of $272 million (Annapolis Mall $260M plus adjacent Sears parcel $12M) on May 6, 2026. The 1.5 million-square-foot regional mall includes 353,000 sq ft of signed-not-open (SNO) leases and targets Year 1 NOI yields of ~9.2% (base) and ~10.5% including SNO; stabilized pro forma yield is projected at ~11.0% by 2030.
Planned actions include a $40 million leasing capital plan, expected occupancy toward 93%+, and major SNO tenants (Dick’s House of Sport 116,000 sq ft opening Aug 2026). Acquisition funding used cash on hand including $85M ATM proceeds and $150M revolver borrowings.
Macerich (NYSE: MAC) released its First Quarter 2026 earnings results and supplemental information on its investor relations website on May 6, 2026. Management will host a conference call and live webcast today at 2:00 p.m. PT / 5:00 p.m. ET to discuss quarterly results.
Replay will be available in the Investors section of the company's website after the live webcast.
Macerich (NYSE: MAC) declared a quarterly cash dividend of $0.17 per common share. The dividend is payable on June 29, 2026 to stockholders of record at the close of business on June 15, 2026.
Macerich (NYSE: MAC) will release first quarter 2026 earnings after market close on Wednesday, May 6, 2026 and host a conference call the same day at 2:00 pm PT / 5:00 pm ET.
The call is accessible by phone, a live webcast, and a replay available in the Investors section of the company website.
Macerich (NYSE: MAC) closed an amended and restated $900 million revolving credit facility on Feb. 26, 2026, increasing capacity from $650 million and extending maturity to March 2030 (includes a 12-month extension option).
The facility lowers pricing to 180–220 bps over SOFR (current expected borrowing rate: 190 bps), with potential reduction to 135–165 bps upon achievement of performance thresholds; the facility was undrawn at closing and expands the lending group while reducing unused-commitment fees.
Macerich (NYSE: MAC) will present at Citi’s 2026 31st Annual Global Property CEO Conference. Jack Hsieh, President and CEO, and Dan Swanstrom, Senior EVP and CFO, will participate in a round table on March 2, 2026 at 2:55 PM ET.
A live audio webcast and replay will be available from the Investors section at investing.macerich.com.