Macerich

Macerich is a real estate investment company that owns, manages, develops and leases shopping malls. Read more

Thomas E. O'Hern's photo - CEO of Macerich

CEO

Thomas E. O'Hern

CEO Approval Rating

68/100

Founded:

1964

Status:

PublicIndependent CompanyNYSEMAC

MACERICH TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

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Simon is one of Macerich's top competitors. Simon is a Public company that was founded in Indianapolis, Indiana in 1960. Simon is in the Real Estate Investment Trusts (REITs) field. Simon has 2,582 more employees vs. Macerich.

Brookfieldpropertiesretail is perceived as one of Macerich's biggest rivals. Brookfieldpropertiesretail was founded in 1954 in Chicago, Illinois. Brookfieldpropertiesretail operates in the Real Estate Services industry. Brookfieldpropertiesretail generates $ less revenue than Macerich.

CBL & Associates Properties is a top competitor of Macerich. CBL & Associates Properties's headquarters is in Chattanooga, Tennessee, and was founded in 1978. CBL & Associates Properties competes in the Real Estate Investment Trusts (REITs) field. CBL & Associates Properties generates 86% of Macerich's revenue.

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Macerich Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$628.1M

Macerich's revenue is the ranked 7th among it's top 10 competitors. The top 10 competitors average 1.3B. Over the last four quarters, Macerich's revenue has decreased by 1.4%. Specifically, in Q1 2021's revenue was $136.5M; in Q4 2020, it was $204.4M; in Q3 2020, it was $148.7M; in Q2 2020, Macerich's revenue was $138.5M.

Macerich Acquisitions

No recent acquisitions found related to Macerich

Macerich Funding History

Since Macerich was founded in 1964, it has participated in 2 rounds of funding. In total Macerich has raised $787.5M. Macerich's last funding round was on Mar 2020 for a total of $550.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Mar 2020
$550M
-
IPO
Mar 1994
$237.5M

Since Macerich was founded in 1964, it has participated in 2 rounds of funding. In total Macerich has raised $787.5M. Macerich's last funding round was on Mar 2020 for a total of $550.0M

Macerich Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Deliv provides same-day delivery and returns services for omnichannel retailers, local merchants, e-commerce companies and parcel carriers.
$40M
Oct 29, 2018
Series C
-
B8ta owns and operates a chain of retail stores that allows users to discover and buy technical gadgets.
$7M
Sep 27, 2016
Series A
-
Deliv provides same-day delivery and returns services for omnichannel retailers, local merchants, e-commerce companies and parcel carriers.
$25.1M
Feb 02, 2016
Series B
-
Deliv provides same-day delivery and returns services for omnichannel retailers, local merchants, e-commerce companies and parcel carriers.
$4.5M
Feb 23, 2014
Unattributed
-

Macerich News

April 30, 2021Markets Insider

Macerich Reschedules First Quarter 2021 Earnings Release And Conference Call

SANTA MONICA, Calif., April 30, 2021 /PRNewswire/-- WHAT: Macerich (NYSE: MAC) reschedules First Quar... See more »
April 17, 2021The Real Deal

Macerich unloads Phoenix mall for $100M; redevelopment awaits

Macerich Company has sold a Phoenix mall for $100 million, as the mall REIT continues to battle back ... See more »
April 12, 2021Los Angeles Business Journal

Macerich Sells Phoenix Mall for $100 Million

Macerich Co., a Santa Monica-based shopping mall owner and investor, said it sold Paradise Valley Mal... See more »
April 8, 2021Seeking Alpha

Strangling Macerich

April 6, 2021REBusinessOnline

Macerich Sells Paradise Valley Mall in Phoenix for $100M, Plans Redevelopment

PHOENIX - Macerich (NYSE: MAC) has completed the disposition of Paradise Valley Mall in Phoenix. A ne... See more »
April 3, 2021AZ Big Media

Macerich sells Paradise Valley Mall for $126.5M; major redevelopment set

Macerich has sold Paradise Valley Mall, a 1.2 million-square-foot shopping center in Phoenix, for $12... See more »
April 2, 2021The Business Journals: Los Angeles Biz

Macerich sells Phoenix mall for $100 million

The move comes just as the Paradise Valley Mall has closed so that much of the 42-year-old shopping c... See more »

Macerich Press Releases

April 14, 2021PR Newswire

Macerich Renews Corporate Credit Facility

/PRNewswire/ -- Today, the Macerich Company (NYSE: MAC, the "Company") closed on the renewal of its c... See more »
January 25, 2021PR Newswire

Macerich Schedules Fourth Quarter 2020 Earnings Release And Conference Call

SANTA MONICA, Calif., Jan. 25, 2021 /PRNewswire/ -- WHAT: Macerich (NYSE: MAC) Schedules Fourth Quart... See more »
January 12, 2021PR Newswire

Macerich Announces Tax Treatment Of 2020 Dividends

/PRNewswire/ -- The Macerich Company (NYSE: MAC) today announced the tax treatment for dividend distr... See more »
December 16, 2020Business Wire

Hudson Pacific Properties and Macerich to Fund Major Grant for Local Artists Impacted by COVID-19

LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. ("Hudson Pacific") (NYSE: HPP), a Los A... See more »
December 3, 2020centralcharts

Macerich Earns Bureau Veritas SafeGuard Certification For Key Retail Properties

Macerich Earns Bureau Veritas SafeGuard Certification For Key Retail Properties -Certification Design... See more »
November 5, 2020PR Newswire

Macerich Announces Quarterly Results

SANTA MONICA, Calif., Nov. 5, 2020 /PRNewswire/ -- The Macerich Company (NYSE: MAC, the "Company") to... See more »
October 29, 2020PR Newswire

Macerich Properties Offer Holiday Shopping Just Right For This Year

SANTA MONICA, Calif., Oct. 29, 2020 /PRNewswire/ -- Macerich (NYSE: MAC), one of the nation's leading... See more »

Social Media

Macerich Headquarters

401 Wilshire Boulevard Suite 700

Santa Monica, California90401

1-310-394-6000

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Macerich Summary

ABOUT

Overview

Founded in 1964, Macerich (NYSE: MAC) is a public, independent real estate investment company that provides leases for shopping malls. Macerich has headquarters in Santa Monica, California. In 1964, Mace Siegel and Richard Cohen came together to esta...

CEO

Macerich's CEO, Thomas E. O'Hern, currently has an approval rating of 68%. Macerich's primary competitors are Simon, Brookfieldpropertiesretail & CBL & Associates Properties.

Frequently Asked Questions about Macerich

  1. When was Macerich founded?

    Macerich was founded in 1964
  2. Who is Macerich's CEO?

    Macerich's CEO is Thomas E. O'Hern
  3. How much revenue does Macerich generate?

    Macerich generates $628.1M in revenue
  4. How much funding does Macerich have?

    Macerich has historically raised $787.5M in funding
  5. Where is Macerich's headquarters?

    Macerich's headquarters is in Santa Monica California, USA
  1. How many employees does Macerich have?

    Macerich has 718 employees
  2. What sector does Macerich operate in?

    Macerich is in Real Estate Investment Trusts (REITs)
  3. Who are Macerich's competitors?

    Macerich's top competitors are Simon, Brookfieldpropertiesretail, CBL & Associates Properties
  4. Who has Macerich invested in?

    Macerich's has invested in companies such as Deliv, b8ta, Deliv