{"schema_version":"secwatch.filing_event.v1","accession":"0000912242-25-000021","form_type":"8-K","ticker":"MAC","cik":"0000912242","company_name":"MACERICH CO","filed_at":"2025-02-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.770028+00:00","generated_at":"2026-05-26T02:57:44.984415+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Macerich posts Q4 net loss of $211.2M, FFO per share down; executes $454M equity offering","bullets":["Q4 2024 net loss of $211.2M ($0.89 diluted) vs net income of $62.2M ($0.29) in Q4 2023.","Adjusted FFO per share fell to $0.47 from $0.57 YoY; same-center NOI declined 0.4% in Q4.","Portfolio occupancy rose to 94.1% (up 60 bps YoY); trailing 12-month tenant sales $837/sq ft.","Completed public offering of 23M shares at $19.75 for gross $454M; used proceeds to repay $478M Washington Square loan.","Acquired partner's 40% interest in PPRT for $122M (7.4% cap rate); sold The Oaks for $157M."],"urls":{"canonical":"https://secwatch.observer/filing/0000912242-25-000021","json":"https://secwatch.observer/filing/0000912242-25-000021.json","markdown":"https://secwatch.observer/filing/0000912242-25-000021.md","text":"https://secwatch.observer/filing/0000912242-25-000021.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/912242/000091224225000021/0000912242-25-000021-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/912242/000091224225000021/mac-20250227.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T02:57:44.984415+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"}