Macerich Q1 net loss narrows 28.5% to $36.35 million; leasing revenue drops 4.1% to $226.9 million

Macerich Company

Macerich Company

MAC

0.00

  • Macerich posted a net loss attributable to the company of $36.35 million for the quarter ended March 31, 2026, narrowing from $50.12 million a year earlier.
  • FFO attributable to common stockholders and unit holders, as adjusted, rose 2.9% to $92.38 million.
  • Revenue from leasing fell 4.1% to reflect a $9.7 million decline, while equity in loss of unconsolidated joint ventures widened by $9.1 million.
  • Leased occupancy increased 0.8 percentage points to 93.4%, while comparable tenant sales for spaces under 10,000 square feet climbed 3.8% over the trailing 12 months ended March 31, 2026.
  • Liquidity actions included an amended and restated $900 million revolving credit facility, with $799.4 million available at March 31, 2026, while cash and cash equivalents totaled $182 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Macerich Company published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000912242-26-000024), on May 07, 2026, and is solely responsible for the information contained therein.