Los AngelesJun 17, 2024Macerich surrenders Santa Monica Place to lender after $300M defaultMall executive says “trying to figure out the end game was just too obscure”
Los AngelesJun 5, 2024Simon and Macerich halt Carson mall project, slam city for “wasting” $100MDevelopers plan to resume litigation over development on a former landfill
Los AngelesMay 1, 2024Macerich posts $127M quarterly loss, looks to sell or exit propertiesREIT defaults on $300M loan for Santa Monica Place mall, may extend The Oaks debt