Home Finance Macerich Trims Q3 Loss to $16.7MM as Broadway Plaza Fills Up and Fresno Fashion Fair’s $325MM Loan Defaults
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Macerich Trims Q3 Loss to $16.7MM as Broadway Plaza Fills Up and Fresno Fashion Fair’s $325MM Loan Defaults

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Macerich narrowed its third-quarter net loss to $16.7 million and pushed same-center income at its keeper malls up 4.7 percent, but its Northern California holdings told two very different stories, with Walnut Creek's Broadway Plaza running short of space while the $325 million loan on Fresno Fashion Fair slipped into default.

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