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Mall Owner Macerich Says CEO Coppola to Step Down at End of 2018

2018-04-20 17:25:20| National Real Estate Investor

Arthur Coppola joined Macerich as a founding partner in 1976 and has led the company since 1993.

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Macerich Is Said Close to Announcing Plans for CEO Retirement

2018-04-19 23:25:07| National Real Estate Investor

Macerich could announce plans for Arthur Coppola to step down as soon as this week, said the people, who asked not to be identified as the details arent public.

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Ontario Teachers' Is Said to Test Investors on Macerich Bid

2018-01-23 20:17:46| National Real Estate Investor

The Canadian pension fund, which owns about 16.5 percent of real estate investment trust Macerich, has held discussions with firms including sovereign wealth funds about backing the potential bid.

Tags: test bid ontario investors

 

Macerich Executives to Get $32 Million Sweetener If Firm Is Sold

2017-11-22 16:16:56| National Real Estate Investor

The shopping-mall operator said in its quarterly filing on Nov. 3 that it had adopted a cash-severance plan, ensuring that senior executives would get nice checks if they leave or are terminated within two years of a change in control.

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Loeb's Third Point Is Said to Take Stake in Macerich REIT

2017-11-10 18:12:47| National Real Estate Investor

The New York-based hedge fund owns almost 5 percent of the REIT and is expected to agitate for change at the company, which could include a potential sale.

Tags: point stake reit macerich

 

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