MAC up +7.14% percent Today $MAC High is at 77.08
Post# of 98
Recent News posted below.
Macerich Company MAC other info.
http://investorshangout.com/Macerich-Company-MAC-51735/
MAC Macerich Company Recent Headline News
Taubman on the move as Simon Property boosts mall presence
Seeking Alpha - at Seeking Alpha - 15 mins ago
SPG: 178.15 (-1.04), MAC: 74.89 (+5.01), TCO: 77.94 (+1.64)
Today's Strong And Under The Radar Stock: Macerich (MAC)
at The Street - 51 mins ago
Trade-Ideas LLC identified Macerich (MAC) as a strong and under the radar candidate
MAC: 74.89 (+5.01)
Simon Property discloses stake in Macerich; wants more
Seeking Alpha - at Seeking Alpha - 1 hr 51 mins ago
SPG: 178.15 (-1.04), MAC: 74.89 (+5.01)
Simon Property Group Discloses Ownership Stake in Macerich and May Seek Waiver of Excess Share Provision
PR Newswire - 2 hrs 6 mins ago
Simon, a leading global retail real estate company, today disclosed that, during 2014, it has accumulated a 5.71 million common shares, or 3.6%, ownership position in The Macerich Company (NYSE: MAC), an owner, operator and developer of retail properties. Simon may request that Macerich waive its excess share provision, which restricts share ownership of greater than 5%, in light of the waiver recently granted to another investor in connection with its acquisition of a 10.9% share position in Macerich.
SPG: 178.15 (-1.04), MAC: 74.89 (+5.01)
Lennar (LEN) Enters Joint Venture with Macerich (MAC) - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Nov 18, 5:10PM CST
Lennar Corp. (LEN) recently entered into a 50/50 partnership with The Macerich Company (MAC), to redevelop an urban outlet project at Candlestick Point, San Francisco.
LEN: 45.87 (+0.18), BZH: 19.55 (-0.15), MAC: 74.89 (+5.01), HOV: 4.12 (+0.01)
Macerich (MAC) Gains Full Ownership in Five Premium Malls - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Nov 18, 1:20PM CST
The Macerich Company (MAC) gained full ownership in five super regional malls by acquiring 49% stake of its JV partner for $1.89 billion, including assumed debt.
GGP: 26.06 (+0.15), DDR: 17.98 (-0.09), LEN: 45.87 (+0.18), MAC: 74.89 (+5.01)
Lennar jumps onto Candlestick
at Investor's Business Daily - Mon Nov 17, 5:51PM CST
The housing giant announced a $1 billion project that includes starting development of a 500,000 square. ft. shopping center in San Francisco's Candlestick Point, part of an effort Lennar (LEN) said was one of the nation's largest mixed-use projects...
LEN: 45.87 (+0.18), MAC: 74.89 (+5.01)
Macerich Increases Ownership in Five Top Super Regional Malls to 100% through Common Stock for Asset Exchange with Joint Venture Partner Ontario Teachers' Pension Plan Board
CNW Group - Mon Nov 17, 3:39PM CST
The Macerich Company (NYSE: MAC) today announced closing the acquisition of its joint venture partner's 49% stake in five super regional malls: Queens Center, Washington Square, Los Cerritos Center, Stonewood Center and Lakewood Center from a wholly-owned subsidiary of the Ontario Teachers' Pension Plan Board. Total consideration was $1.89 billion (USD), including the assumption of $673 million of property-level debt. The balance was funded through the direct issuance to a wholly-owned subsidiary of the Ontario Teachers' Pension Plan Board of $1.22 billion of Macerich common stock at a fixed price of $71 per share, representing a 10.9% common ownership stake in the Company. The real estate portfolio of Ontario Teachers' is managed by its subsidiary, The Cadillac Fairview Corporation Limited.
MAC: 74.89 (+5.01)
Macerich exchanges stake in company for partner's interest in 5 malls
Seeking Alpha - at Seeking Alpha - Mon Nov 17, 3:30PM CST
MAC: 74.89 (+5.01)
Macerich Increases Ownership In Five Top Super Regional Malls To 100% Through Common Stock For Asset Exchange With Joint Venture Partner Ontario Teachers' Pension Plan Board
CNW Group - Mon Nov 17, 3:00PM CST
- Consolidates ownership in irreplaceable assets, including Queens Center and Washington Square.
MAC: 74.89 (+5.01)
Lennar Announces $1 Bil San Francisco Development
at Investor's Business Daily - Mon Nov 17, 12:43PM CST
Lennar has announced a $1 billion project to develop Candlestick Point in San Francisco. The area includes Candlestick Park, former home of the San Francisco Giants and San Francisco 49ers. Miami, Fla.-based Lennar (LEN), the nation's largest housing...
DHI: 24.74 (+0.11), LEN: 45.87 (+0.18), BZH: 19.55 (-0.15), MAC: 74.89 (+5.01), TOL: 33.90 (+0.01)
Lennar and Macerich form JV to redevelop Candlestick Park
Seeking Alpha - at Seeking Alpha - Mon Nov 17, 8:34AM CST
LEN: 45.87 (+0.18), MAC: 74.89 (+5.01)
Lennar Announces Launch of Redevelopment of Candlestick Park in San Francisco
PR Newswire - Mon Nov 17, 8:00AM CST
Lennar Corp. (NYSE: LEN), one of the nation's leading homebuilders, and Macerich (NYSE: MAC), one of the country's top owners, operators and developers of high-performing retail properties, today announced a joint venture partnership to develop a 500,000 square-foot urban outlet project that will anchor an entirely new and vibrant community at Candlestick Point.
LEN: 45.87 (+0.18), MAC: 74.89 (+5.01)
Retail REITs Stocks Technical Data - DDR Corp., General Growth Properties, Washington Prime, Retail Properties of America, and Macerich
PR Newswire - Fri Nov 14, 7:50AM CST
Investor-Edge has initiated coverage on the following equities: DDR Corporation (NYSE: DDR), General Growth Properties Inc. (NYSE: GGP), Washington Prime Group Inc. (NYSE: WPG), Retail Properties of America Inc. (NYSE: RPAI), and The Macerich Company (NYSE: MAC). Free research on these five companies can be accessed at: http://investor-edge.com/register. On Thursday, November 13, 2014, the NASDAQ Composite ended at 4,680.14, up 0.11%, the Dow Jones Industrial Average advanced 0.23%, to finish the day at 17,652.79, and the S&P 500 closed at 2,039.33, up 0.05%. The losses were broad based as six out of ten sectors ended the session in negative. The S&P 500 Financials Sector Index ended the day at 324.85, down 0.05%, while the index has advanced 7.79% in the last one month. Register for your complimentary reports on these five stocks at:
GGP: 26.06 (+0.15), DDR: 17.98 (-0.09), WPG: 17.29 (-0.20), RPAI: 15.66 (+0.04), MAC: 74.89 (+5.01)
DDR Sheds JV Assets to Exit Buffalo MSA Market - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Nov 13, 3:10PM CST
In tandem with its strategy of reducing exposure to non-core markets, DDR Corp. (DDR) disclosed the shedding of an 11-property portfolio in Buffalo MSA that it owned in a JV with Kuwaiti Financial Centre II for $154 million.
DDR: 17.98 (-0.09), CBL: 18.91 (+0.09), AKR: 31.51 (+0.07), MAC: 74.89 (+5.01)
Macerich To Host Investor Day
PR Newswire - Thu Nov 13, 5:15AM CST
Macerich® (NYSE: MAC) invites investors and the general public to a live webcast of the Macerich Investor Day taking place on Tuesday, November 18, 2014. The live audio-only webcast will be available from approximately 8:30 am to noon Pacific Time in the Investing Section of the Company's website at www.macerich.com. An online replay will be available at the same location for six months after the event.
MAC: 74.89 (+5.01)
Macerich buys out JV partner in Fashion Outlets of Chicago for $70M
Seeking Alpha - at Seeking Alpha - Wed Nov 12, 3:22PM CST
MAC: 74.89 (+5.01)
Macerich Increases Ownership in Fashion Outlets of Chicago to 100%
PR Newswire - Wed Nov 12, 3:05PM CST
The Macerich Company (NYSE Symbol: MAC) today announced the acquisition of joint venture partner AWE Talisman's 40% stake in Fashion Outlets of Chicago for $70 million. With this purchase, Macerich fully consolidates ownership of the recently-developed, 529,000 square foot center which was completed in August 2013 and, as of September 30, 2014, was 94.5% occupied with annual tenant sales of $625 per square foot. Macerich negotiated an early exercise of the Company's option to acquire AWE Talisman's stake in Fashion Outlets of Chicago at a 6.5% capitalization rate after the third anniversary of substantial completion of the project. In addition, there may be an earn-out payment to the former partners in August 2016 to the extent net operating income at the center increases.
MAC: 74.89 (+5.01)
Sears REIT spinoff idea ringing a bell for retail REITs?
Seeking Alpha - at Seeking Alpha - Wed Nov 12, 2:14PM CST
FRI: 21.63 (unch), SPG: 178.15 (-1.04), WREI: 44.45 (+0.22), FNIO: 31.89 (+0.19), NNN: 37.71 (-0.07), RWR: 88.52 (-0.03), FTY: 46.11 (+0.22), ICF: 94.17 (+0.09), SCHH: 37.80 (-0.02), DRV: 29.59 (unch), REK: 21.12 (-0.01), PSR: 71.06 (+0.41), IYR: 75.41 (-0.10), DRN: 70.89 (-0.17), URE: 100.40 (-0.27), MAC: 74.89 (+5.01), VNQ: 79.04 (-0.10), KBWY: 33.59 (-0.14), SRS: 13.60 (+0.02)