---
schema_version: "secwatch.filing_event.v1"
accession: "0000912242-25-000066"
form_type: "8-K"
ticker: "MAC"
cik: "0000912242"
company_name: "MACERICH CO"
filed_at: "2025-08-11T23:59:59+00:00"
generated_at: "2026-05-17T16:00:14.293293+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Macerich Q2 net loss $40.9M; FFO adj $0.33; acquires Crabtree Mall for $290M

## Summary
- Net loss attributable to company $40.9M ($0.16 diluted) vs net income $252.0M prior year due to Chandler Fashion Center gain.
- Adjusted FFO (ex-items) $87.3M ($0.33/diluted) vs $88.1M ($0.39) prior year.
- Go-Forward Portfolio NOI up 2.4% YoY; portfolio occupancy 92.0% (down 1.4pp YoY, driven by Forever 21 closures).
- Leased 1.7M sq ft in Q2 (+137% YoY); base rent re-leasing spreads +10.5% TTM.
- Acquired Crabtree Mall (Raleigh, NC) for ~$290M on June 23; closed $160M term loan at SOFR+250 on August 7.

## SEC filing metadata
- accession: 0000912242-25-000066
- form_type: 8-K
- ticker: MAC
- cik: 0000912242
- company_name: MACERICH CO
- filed_at: 2025-08-11T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/912242/000091224225000066/0000912242-25-000066-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/912242/000091224225000066/mac-20250811.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000912242-25-000066
- JSON: https://secwatch.observer/filing/0000912242-25-000066.json
- Plain text: https://secwatch.observer/filing/0000912242-25-000066.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.