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.
SmartRent, Inc. (NYSE: SMRT) has appointed Robyn Young as its first Chief Marketing Officer, effective May 9, 2022. Young brings extensive experience from Western Alliance Bancorporation, where she led marketing and communications during significant growth. Her role will focus on enhancing SmartRent's marketing strategy and establishing its market leadership in smart home technology. Young's appointment rounds out the executive team, which has seen recent additions including a Chief Financial Officer and a Chief Legal Officer. SmartRent aims to improve operational efficiencies for property owners and enhance resident experiences.
Macerich (NYSE: MAC) has announced its First Quarter 2022 Earnings Release, scheduled for May 9, 2022, before the market opens. A conference call will be hosted at 10:00 am PT to discuss the results. Interested parties can access the live webcast via the Macerich website. The company operates a portfolio comprising 48 million square feet of regional malls across the United States, predominantly in high-density markets. Macerich has consistently ranked #1 in sustainability for the North American Retail Sector from 2015 to 2021.
Caesars Republic Scottsdale, a luxury hotel project in Scottsdale, Arizona, is on track to open in Q1 2024. The hotel will feature 265 rooms and unique event spaces, with reservations currently being accepted. This collaboration between Caesars Entertainment (CZR) and Macerich (MAC) aims to create a premier destination featuring upscale amenities, including restaurants by celebrity chef Giada De Laurentis, a rooftop pool, and expansive event spaces. Financing was arranged by Walker & Dunlop and National Bank of Arizona.
The Macerich Company (NYSE: MAC) announced its Fourth Quarter 2021 Earnings Results on February 10, 2022. The results are available on their investor relations website. A conference call to discuss these results is scheduled for 10:00 a.m. PT today, with a replay accessible for 90 days post-call. Macerich operates 44 regional town centers across the U.S. and ranks #1 in GRESB for sustainability in the North American Retail Sector for seven consecutive years (2015-2021). Detailed information can be found on their official website.
The Macerich Company (NYSE: MAC) announced a quarterly cash dividend of $.15 per share, payable on March 3, 2022. Stockholders must be on record by February 18, 2022 to qualify for this dividend. Macerich, a self-managed real estate investment trust (REIT), focuses on acquiring, leasing, and managing regional malls across the United States, particularly in densely populated markets. The company boasts a strong sustainability record, having achieved the #1 GRESB ranking in North American retail for seven consecutive years (2015-2021).
The Macerich Company (NYSE: MAC) announced the tax treatment for its 2021 dividend distributions, amounting to $0.60 per share. Key distribution details include:
- February 19, 2021; Payable on March 3, 2021; Rate: $0.150
- May 7, 2021; Payable on June 3, 2021; Rate: $0.150
- August 19, 2021; Payable on September 8, 2021; Rate: $0.150
- November 9, 2021; Payable on December 3, 2021; Rate: $0.150
Macerich (NYSE: MAC) will release its Fourth Quarter 2021 Earnings on February 10, 2022, before market open. A conference call will follow at 10:00 AM PT (1:00 PM ET) to discuss the results. Investors can listen live via the company’s website. Macerich is a leading real estate investment trust (REIT) focused on acquiring, leasing, and managing regional malls in the U.S., particularly in densely populated areas along the West Coast and the Northeast. The company has been recognized for its sustainability efforts.
Macerich (NYSE: MAC) announces the addition of Pinstripes, an experiential dining and entertainment venue, to Broadway Plaza in Walnut Creek, California, set to open in late 2022. The 23,000 square-foot venue will provide Italian/American cuisine alongside bowling and bocce experiences. Macerich reports a 20% increase in comparable tenant sales in October compared to October 2019, and a 26% rise in signed leases over pre-COVID levels. These developments aim to enhance Broadway Plaza's appeal, contributing to the growth of Macerich's portfolio.
Macerich (MAC) and Life Time (LTH) announced plans for a new luxury athletic resort at Scottsdale Fashion Square, Arizona, set to open in 2023. This 40,000-square-foot facility will be Life Time's seventh location in Arizona and aims to enhance the shopping center's luxury offerings. The resort will feature group fitness studios, a rooftop beach club, and high-end amenities. This collaboration is part of Macerich's strategy to diversify its properties and enhance customer experiences in its premium retail locations.
The Macerich Company (NYSE: MAC) released its Third Quarter 2021 Earnings Results on November 3, 2021. The results are available on their investor relations website. A conference call discussing these results is scheduled for today at 10:00 am PT. Macerich, a leading real estate investment trust, operates 45 regional town centers across the U.S., focusing on attractive retail properties. The company has been recognized for its sustainability efforts, holding the top GRESB ranking in North American Retail for seven consecutive years.