About Macerich
Macerich is a company based in Los Angeles (United States) founded in 1964.. The company has 616 employees as of December 31, 2024. Macerich offers products and services including Retail Leasing and Property Management. Macerich operates in a competitive market with competitors including Simon, Brookfield Properties, Kimco Realty, Federal Realty and Regency Centers, among others.
- Headquarter Los Angeles, United States
- Employees 616 as on 31 Dec, 2024
- Stage Public
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Macerich Company
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Annual Revenue
$924.36 M4.88as on Dec 31, 2024
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Net Profit
$-195.03 M29.06as on Dec 31, 2024
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EBITDA
$473.59 M-4.34as on Dec 31, 2024
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Latest Funding Round
$300 M (USD), Debt – Conventional
Jan 25, 2019
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Investors
Northwestern Mutual
& 3 more
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Employee Count
616
as on Dec 31, 2024
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IPO & Listings of Macerich
Macerich is a publicly listed company on the NYSE with ticker symbol MAC in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Macerich
Macerich offers a comprehensive portfolio of products and services, including Retail Leasing and Property Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Offers leasing for retail spaces in shopping centers
Manages and maintains retail destinations for tenants
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Funding Insights of Macerich
- Total Funding Total Funding
- Total Rounds 6
- Last Round Debt – Conventional — $300.0M
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First Round
First Round
(25 Feb 1998)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2019 | Amount | Debt – Conventional - Macerich | Valuation |
investors |
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| Oct, 2018 | Amount | Post-IPO - Macerich | Valuation |
investors |
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| Jul, 2018 | Amount | Debt – Conventional - Macerich | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Macerich
Macerich has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include Northwestern Mutual, MetLife and Ontario Teachers' Pension Plan. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Internet-based life, health, auto, home, and pet insurance is offered.
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Founded Year | Domain | Location | |
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Manages alternative investments through equity, systematic, macro, and private strategies worldwide.
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Founded Year | Domain | Location | |
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Northwestern Mutual is engaged in financial planning and insurance services.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Macerich
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Macerich
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Macerich Comparisons
Competitors of Macerich
Macerich operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Simon, Brookfield Properties, Kimco Realty, Federal Realty and Regency Centers, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Shopping and entertainment destinations are managed by Simon.
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| domain | founded_year | HQ Location |
Commercial properties are developed and managed by Brookfield Properties.
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| domain | founded_year | HQ Location |
Open-air shopping centers are operated with grocery and mixed-use properties.
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| domain | founded_year | HQ Location |
REIT that invests in commercial retail properties
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| domain | founded_year | HQ Location |
Retail properties are invested in as an Equity REIT.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Macerich
Frequently Asked Questions about Macerich
When was Macerich founded?
Macerich was founded in 1964 and raised its 1st funding round 34 years after it was founded.
Where is Macerich located?
Macerich is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Who is the current CEO of Macerich?
Arthur Coppola is the current CEO of Macerich.
How many employees does Macerich have?
As of Dec 31, 2024, the latest employee count at Macerich is 616.
What is the annual revenue of Macerich?
Annual revenue of Macerich is $924.36M as on Dec 31, 2024.
What does Macerich do?
Macerich was founded in 1964 and is headquartered in Los Angeles, United States. As an equity real estate investment trust, focus is placed on acquiring, owning, and operating retail properties, including shopping centers and malls. Portfolio management involves leasing spaces to retailers and providing property development services across various U.S. markets. Operations emphasize stable income generation through long-term real estate holdings in the retail sector.
Who are the top competitors of Macerich?
Macerich's top competitors include Kimco Realty, Simon and Federal Realty.
What products or services does Macerich offer?
Macerich offers Retail Leasing and Property Management.
Is Macerich publicly traded?
Yes, Macerich is publicly traded on NYSE under the ticker symbol MAC.
Who are Macerich's investors?
Macerich has 4 investors. Key investors include Northwestern Mutual, MetLife, Ontario Teachers' Pension Plan, and Point72.
What is Macerich's ticker symbol?
The ticker symbol of Macerich is MAC on NYSE.