Macerich Nearing Refinancing on $115MM Victorville Mall Loan As it Evaluates Assets Across Portfolio

Macerich, the Santa Monica-based real estate giant, is playing a high-stakes game of Jenga with its debt. As the third-largest shopping mall operator in the U.S., the company is not immune to the retail apocalypse that has decimated the industry. In a move to reduce its $2 billion debt burden, Macerich recently announced its "Path […]