The Macerich Company

• How To Play the Monopoly of Property

  By Alexander Cho - May 15, 2013 | Tickers: BAC, KBH, MAC

  There are three ways to play property. You can buy the home builders, the lenders, or the property developers. The lenders present low yet stable growth while home builders are the deep value proposition, and property developers (real estate operations) present the best long-term growth potential.
  
  Economics of properties

  Between 2012 and 2013 the number of housing starts has increased from 500,000 to 1,000,000. Housing starts have more »

• How to Protect Your Portfolio From Uncertainty

  By Alexander Cho - May 6, 2013 | Tickers: PM, MAC, V

  You’re on a boat and all of a sudden you hit an iceberg. The ship is sinking, and the titanic sinks. I, like many others, have had titanic moments when holding onto a stock. For some, it brings back memories of Enron, for others it was probably Delta Airlines, or maybe it was Circuit City. We all put up our fronts and try to come up with reasons for more »

• Go for GGP’s Dividends, but Watch for J.C. Penney Exposure

  By Poonkulali Thangavelu - May 1, 2013 | Tickers: CBL, GGP, JCP, SPG, MAC

  After emerging from bankruptcy in 2010, General Growth Properties (NYSE: GGP) has been gaining strength. And as the economy gradually recovers and retail sales start to pick up as consumers gradually increase their spending, retail mall landlords such as General Growth stand to gain.

  The real estate investment trust owns and manages 144 regional malls, of which 18 are located in Brazil, for a grand total of about 135 million more »

• Starbucks Versus McDonald's

  By Alexander Cho - April 29, 2013 | Tickers: MCD, SBUX, MAC

  When I think of Starbucks (NASDAQ: SBUX), I think of it as a second home. I often write articles sitting at a bar in Starbucks. Sitting at the bar, I peer out the front-facing window to the front entrance of Chandler Fashion Center, a mall owned by Macerich (NYSE: MAC).

  The Chandler Fashion center is elegant, with marble floors and a front entrance that’s absolutely beautiful. It’s a more »

• This Mall Operator is for the Long Term

  By Anh HOANG - February 11, 2013 | Tickers: GGP, SPG, MAC

  Since 2010, General Growth Properties (NYSE: GGP) has successfully emerged from bankruptcy to become the second biggest mall operator in the world.  In the past 12 months its share price has advanced nearly 22%. The company has recently announced impressive fourth quarter earnings that beat analysts’ estimates. Many investors might wonder whether or not General Growth is a decent buy at its current price.  Let's find out.

  The World more »

• Don't Shop The Mall, Buy The Mall

  By AnnaLisa Kraft - January 29, 2013 | Tickers: GGP, SPG, TCO, MAC

  With value investors scouring the world of stocks for yield REITs naturally come to mind. Those investors who want some retail exposure and yield gravitate toward the shopping mall REITs. There are four big names in the space and undoubtedly you have visited one of their malls: Simon Property Group (NYSE: SPG), Taubman Centers (NYSE: TCO), General Growth Properties (NYSE: GGP) and Macerich (NYSE: MAC).

  If you think the economy more »

• Ackman Needs a Real Estate Recovery

  By Mike Thiessen - January 17, 2013 | Tickers: GGP, SPG, MAC

  Not every hedge fund star is bullish on real estate or retail; Bill Ackman of Pershing Square has backed away from his efforts to force ailing mall operator General Growth Properties (NYSE: GGP) to sell out. Reuters reported that Ackman lost his interest in General Growth after its competitor, Simon Property Group (NYSE: SPG), showed no interest in buying the mall company.

  Ackman had been working to get Simon to more »

• Window Shopping: Is SPG The King of Retail REITs?

  By Meena Krishnamsetty - April 2, 2012 | Tickers: GGP, KIM, SPG, MAC

  In an industry so closely tied with U.S.financial health and consumer spending habits, retail Real Estate Investment Trusts often feel the impacts of a slow U.S.economy on both short and long time horizons.  Debt considerations, occupancy rates, and unemployment all weigh closely into the performance of retail-minded REITS, but favorable tax incentives and innovative structures can create uncorrelated growth opportunities with the rest of a balanced more »

• Kimco Realty: A Well Positioned Retail REIT

  By Christopher French - February 16, 2012 | Tickers: CBL, KIM, REG, MAC

  Real estate investment trusts (REITs) historically pay attractive yields compared to most stocks and provide investors an easy way to invest in commercial real estate. Kimco Realty (NYSE: KIM) is the largest owner of community and neighborhood shopping centers in the U.S. The fortunes of Kimco Realty are tied to the U.S. economy and how much consumers are spending at the local stores. The 2008 to 2009 recession more »