Macerich

Macerich Embraces Space Planning Capabilities with Yardi Floorplan Manager

Retrieved on: 
Thursday, March 28, 2024
Information technology, Map, Macerich

SANTA BARBARA, Calif., March 28, 2024 /PRNewswire/ -- Macerich, one of the nation's leading owners, operators and developers of one-of-a-kind retail and mixed-use properties, is an early adopter of Yardi® Floorplan Manager and is excitedly collaborating with Yardi® to enhance the solution that is poised to change the game for floor plan visualization.

Key Points: 
  • Macerich uses Yardi Floorplan Manager to create and edit floor and stacking plans with real-time lease metrics and instant area calculations to promote quicker turnaround.
  • The flexibility to see a higher level of space detail for both public-facing sites and internal planning is an advantage for Macerich.
  • We look forward to further increasing the capabilities of Yardi Floorplan Manager to help owners and operators follow Macerich's lead to visualize and manage their spaces like never before possible," said Kevin Yardi, vice president for global solutions at Yardi.
  • Learn more about Yardi Floorplan Manager , including downloading a free brochure online.

The Macerich Company Announces Grant of Employment Inducement Award in Connection with Appointment of Jackson Hsieh as President and Chief Executive Officer

Retrieved on: 
Friday, March 1, 2024
MAC, Retirement, Macerich, Disability, LTIP, Death, Employment

SANTA MONICA, Calif., March 01, 2024 (GLOBE NEWSWIRE) -- The Macerich Company (NYSE: MAC) (the “Company”) announced that it granted two inducement equity awards to Jackson Hsieh on March 1, 2024, the effective date of Mr. Hsieh’s appointment as President and Chief Executive Officer of the Company, pursuant to the employment agreement entered into between the Company and Mr. Hsieh effective March 1, 2024.

Key Points: 
  • SANTA MONICA, Calif., March 01, 2024 (GLOBE NEWSWIRE) -- The Macerich Company (NYSE: MAC) (the “Company”) announced that it granted two inducement equity awards to Jackson Hsieh on March 1, 2024, the effective date of Mr. Hsieh’s appointment as President and Chief Executive Officer of the Company, pursuant to the employment agreement entered into between the Company and Mr. Hsieh effective March 1, 2024.
  • The awards were granted in accordance with New York Stock Exchange Listed Company Manual Rule 303A.08 as an inducement to Mr. Hsieh’s employment with the Company.
  • The inducement awards include a sign-on equity grant in the amount of 304,692 Company Long-Term Incentive (“LTIP”) units (the “Sign-On LTIP Grant”) and an annual equity grant in the amount of 396,098 LTIP units (the “2024 Annual LTIP Grant”).
  • The Sign-On LTIP Grant will vest 50% on the third anniversary and 25% on each of the fourth and fifth anniversaries measured from March 1, 2024, subject to Mr. Hsieh’s continued service with the Company on each applicable vesting date.

Macerich Reports Fourth Quarter 2023 Results

Retrieved on: 
Wednesday, February 7, 2024
Telephone, Macerich, MAC, PIN, Supplement

SANTA MONICA, Calif., Feb. 07, 2024 (GLOBE NEWSWIRE) -- The Macerich Company (NYSE: MAC) has released its Fourth Quarter 2023 Earnings Results and Supplemental Information by posting it to the Investor Relations section of its website at www.macerich.com .

Key Points: 
  • SANTA MONICA, Calif., Feb. 07, 2024 (GLOBE NEWSWIRE) -- The Macerich Company (NYSE: MAC) has released its Fourth Quarter 2023 Earnings Results and Supplemental Information by posting it to the Investor Relations section of its website at www.macerich.com .
  • As previously announced, management will hold a conference call at 10:00 a.m. Pacific Time (1:00 p.m. Eastern Time) today, Wednesday, February 7, 2024, to discuss quarterly results.
  • Participants who wish to join the conference by telephone must register at the dial-in registration link below to receive the dial-in number and a personalized PIN code that will be required to access the call.
  • Participants may join the live webcast by accessing it at the webcast registration link below or in the Investors Section of the company’s website at https://investing.macerich.com/ .

Macerich Declares the Quarterly Dividend on Its Common Shares

Retrieved on: 
Friday, February 2, 2024
Macerich, MAC

SANTA MONICA, Calif., Feb. 02, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of the Macerich Company (NYSE: MAC) declared a quarterly cash dividend of $.17 per share of common stock.

Key Points: 
  • SANTA MONICA, Calif., Feb. 02, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of the Macerich Company (NYSE: MAC) declared a quarterly cash dividend of $.17 per share of common stock.
  • The dividend is payable on March 4, 2024, to stockholders of record at the close of business on February 16, 2024.

Macerich Announces Tax Treatment Of 2023 Dividends

Retrieved on: 
Monday, January 22, 2024
Macerich, Income tax, CUSIP, MAC, Common stock

SANTA MONICA, Calif., Jan. 22, 2024 (GLOBE NEWSWIRE) -- The Macerich Company (NYSE: MAC) today announced the tax treatment for dividend distributions taxable in 2023 on its Common Stock.

Key Points: 
  • SANTA MONICA, Calif., Jan. 22, 2024 (GLOBE NEWSWIRE) -- The Macerich Company (NYSE: MAC) today announced the tax treatment for dividend distributions taxable in 2023 on its Common Stock.
  • During the calendar year ended December 31, 2023 Macerich paid dividends of $.68 per share.
  • The 2023 dividends are classified for income tax purposes as follows for The Macerich Company, Common Stock, CUSIP # 554382101:

Macerich Reports Third Quarter 2023 Results

Retrieved on: 
Tuesday, October 31, 2023
Macerich, Telephone, NYSE, Supplement, PIN, MAC, Video game, Internet service provider, Security (finance)

SANTA MONICA, Calif., Oct. 31, 2023 (GLOBE NEWSWIRE) -- The Macerich Company (NYSE: MAC) has released its Third Quarter 2023 Earnings Results and Supplemental Information by posting it to the Investor Relations section of its website at www.macerich.com .

Key Points: 
  • SANTA MONICA, Calif., Oct. 31, 2023 (GLOBE NEWSWIRE) -- The Macerich Company (NYSE: MAC) has released its Third Quarter 2023 Earnings Results and Supplemental Information by posting it to the Investor Relations section of its website at www.macerich.com .
  • As previously announced, management will hold a conference call at 10:00 a.m. Pacific Time (1:00 p.m. Eastern Time) today, Tuesday, October 31, 2023, to discuss quarterly results.
  • Participants who wish to join the conference by telephone must register at the dial-in registration link below to receive the dial-in number and a personalized PIN code that will be required to access the call.
  • Participants may join the live webcast by accessing it at the webcast registration link below or in the Investors Section of the company’s website at https://investing.macerich.com/ .

Macerich Declares the Quarterly Dividend on Its Common Shares

Retrieved on: 
Friday, October 27, 2023
Macerich, NYSE, MAC, Holding company

SANTA MONICA, Calif., Oct. 27, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of the Macerich Company (NYSE: MAC) declared a quarterly cash dividend of $.17 per share of common stock.

Key Points: 
  • SANTA MONICA, Calif., Oct. 27, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of the Macerich Company (NYSE: MAC) declared a quarterly cash dividend of $.17 per share of common stock.
  • The dividend is payable on December 1, 2023, to stockholders of record at the close of business on November 9, 2023.

Macerich Achieves Sector Leading Ranking, Green Star Rating in GRESB Real Estate Assessment

Retrieved on: 
Tuesday, October 10, 2023
NYSE, Green star, Sustainability, ESG, Corporate social responsibility, Corporation, Corporate responsibility, USD, Communication, Institute of Corporate Responsibility and Sustainability, Carbon, Annual report, MAC, Real estate investment trust, Cryptocurrency, Macerich

This year marks the ninth straight year that Macerich has ranked #1 in the U.S. Retail: Retail Centers sector.

Key Points: 
  • This year marks the ninth straight year that Macerich has ranked #1 in the U.S. Retail: Retail Centers sector.
  • Macerich also earned the prestigious GRESB Green Star rating, based on absolute performance, as well as an “A” score in the GRESB Public Disclosure Assessment, measuring a company’s stakeholder engagement and communication of its environmental, social and governance (ESG) efforts.
  • We are particularly excited to have earned #1 U.S. and top 10 worldwide rankings for retail,” said Olivia Bartel Leigh, Executive Vice President, Portfolio Operations and People, Macerich.
  • “We view GRESB as a strong barometer for assessing our progress to achieving carbon neutrality by 2030,” said Ryan Knudson, Vice President, Corporate Responsibility and Sustainability, Macerich.

Life Time Opens First Bay Area Athletic Country Club in California at Walnut Creek's Broadway Plaza

Retrieved on: 
Friday, September 22, 2023
Yoga, Lifetime, Heart, Biltmore Fashion Park, Hair, Scottsdale Fashion Square, Life, Woman, Life Time Fitness, NYSE, San Francisco Bay Area, Broadway Plaza, Collection, Bay, Health, Skin, LTH, Hotel, General store, Nightclub, Macerich

WALNUT CREEK, Calif., Sept. 22, 2023 /PRNewswire/ -- Life Time (NYSE: LTH), the nation's premier healthy lifestyle brand, has opened its newest luxury athletic country club, Life Time Walnut Creek, the first location in the San Francisco Bay Area. Located at the heart of the Broadway Plaza shopping center, the destination marks the seventh Life Time location in California, and third in the Northern California region. It's the Company's first shopping center-based location in the state with Macerich.

Key Points: 
  • Located at the heart of the Broadway Plaza shopping center, the destination marks the seventh Life Time location in California, and third in the Northern California region.
  • "Expanding to the San Francisco market has been a key objective and we're thrilled to bring our unique healthy way of life offering to Macerich's beautiful Broadway Plaza and the Bay community," said Parham Javaheri, Life Time Chief Property Development Officer.
  • The new athletic country club features the area's first rooftop beach club with a six-lane lap pool, splash pad for kids, whirlpool, cabana style seating, and a LifeCafe poolside bistro.
  • Life Time currently has two athletic country clubs at Macerich properties: Biltmore Fashion Park in Phoenix, AZ and Scottsdale Fashion Square in Scottsdale, AZ.

Macerich To Present at BofA Securities 2023 Global Real Estate Conference

Retrieved on: 
Tuesday, September 5, 2023
Lease, Macerich, Bank of America, NY, MAC, Senior, Conference, NYSE, Management, Property management

SANTA MONICA, Calif., Sept. 05, 2023 (GLOBE NEWSWIRE) -- The Macerich Company (NYSE: MAC) today announced that Scott Kingsmore, Senior Executive Vice President and Chief Financial Officer, and Doug Healey, Senior Executive Vice President Leasing will present to/speak with investors at BofA Securities 2023 Global Real Estate Conference in New York, NY September 12-13, 2023.

Key Points: 
  • SANTA MONICA, Calif., Sept. 05, 2023 (GLOBE NEWSWIRE) -- The Macerich Company (NYSE: MAC) today announced that Scott Kingsmore, Senior Executive Vice President and Chief Financial Officer, and Doug Healey, Senior Executive Vice President Leasing will present to/speak with investors at BofA Securities 2023 Global Real Estate Conference in New York, NY September 12-13, 2023.
  • Macerich will present at 4:25 pm Eastern, on Tuesday September 12, 2023.
  • The live audio-only webcast will be available online in the Investor Section of the Company’s website at www.macerich.com .
  • An online replay will be available following the presentation at the same location.