MAC•Macerich’s third-quarter net loss attributable to the company narrowed 81% year over year to $16.73 million, primarily due to asset-sale gains, while revenue rose to $260.07 million. After quarter-end, two property loans totaling $399.4 million entered default.
Macerich reported a third-quarter 2026 net loss attributable to the company of $16.73 million, down 81% year over year, primarily due to asset-sale gains. Total revenue rose year over year to $260.07 million.
An August offering of $775 million in 2.25% exchangeable senior notes due 2031 helped repay Green Acres Mall’s $370 million mortgage loan in September. Following quarter-end, the $74.4 million Fashion Outlets of Niagara Falls loan and the $325 million Fresno Fashion Fair loan entered default.
