{"schema_version":"secwatch.filing_event.v1","accession":"0000912242-24-000120","form_type":"8-K","ticker":"MAC","cik":"0000912242","company_name":"MACERICH CO","filed_at":"2024-07-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.278964+00:00","generated_at":"2026-05-31T14:44:32.574335+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Macerich posts Q2 net income $252M vs loss year ago; defaults on $300M loan, withdraws guidance","bullets":["Net income of $252M ($1.16 diluted EPS) vs net loss of $15M in Q2 2023; core FFO per share $0.39 vs $0.40.","Same-center NOI up 1.4% (ex-lease term income); portfolio occupancy 93.3% (+70 bps YoY).","Defaulted on $300M Santa Monica Place loan; negotiations underway with lender.","Sold Country Club Plaza for $175.6M with loan forgiveness; expects to sell open-air asset for $110M at 6.5% cap rate.","Withdrew 2024 guidance due to Path Forward Plan uncertainty; quarterly dividend $0.17/share sustained."],"urls":{"canonical":"https://secwatch.observer/filing/0000912242-24-000120","json":"https://secwatch.observer/filing/0000912242-24-000120.json","markdown":"https://secwatch.observer/filing/0000912242-24-000120.md","text":"https://secwatch.observer/filing/0000912242-24-000120.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/912242/000091224224000120/0000912242-24-000120-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/912242/000091224224000120/mac-20240731.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T14:44:32.574335+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}