shopping mall
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Macerich Defaults on $325MM Loan at 969,000 SQFT Fresno Fashion Fair, a Mall It Still Plans to Keep
Macerich has defaulted on the $325 million loan backing Fresno Fashion Fair after the decade-old, 3.67 percent debt matured Nov. 1, putting one...
FinanceINDUSTRY newsRetail
Macerich Trims Q3 Loss to $16.7MM as Broadway Plaza Fills Up and Fresno Fashion Fair’s $325MM Loan Defaults
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...
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Can the Shopping Mall Survive COVID-19?
By Richard W. Latella & Barrie Scardina There are currently more than 1,000 malls struggling to re-engage a consumer distracted by the convenience...
