| The Yield Hunter Let's make some money and sleep well at night |
| Macerich Realty Trust A Retail REIT Period End 9/30/2008 |
Copyrights 2006-2007 SGM Publishing |
Macerich Company operates as a real estate investment trust (REIT) in the
United States. The company, through its majority-owned partnership, The
Macerich Partnership, L.P., engages in the acquisition, ownership, development,
redevelopment, management, and leasing of regional and community shopping
centers. As of June 30, 2005, it owned or had ownership interests in 76 regional
shopping centers, 20 community shopping centers, and 2
development/redevelopment projects. The Macerich Company has elected to be
treated as a REIT under Sections 856 through 858 of the Internal Revenue
Code of 1986. As a REIT, the company would not be subject to federal income
tax, provided that it distributes at least 90% of taxable income to its
shareholders. The company was founded in 1965 and is headquartered in
Santa Monica, California.
United States. The company, through its majority-owned partnership, The
Macerich Partnership, L.P., engages in the acquisition, ownership, development,
redevelopment, management, and leasing of regional and community shopping
centers. As of June 30, 2005, it owned or had ownership interests in 76 regional
shopping centers, 20 community shopping centers, and 2
development/redevelopment projects. The Macerich Company has elected to be
treated as a REIT under Sections 856 through 858 of the Internal Revenue
Code of 1986. As a REIT, the company would not be subject to federal income
tax, provided that it distributes at least 90% of taxable income to its
shareholders. The company was founded in 1965 and is headquartered in
Santa Monica, California.