Macerich (MAC): Deleveraging Balance Sheet And Redevelopments To Limit Downside Risk

Core Insights - The Macerich Company (MAC) is a shopping center/mall REIT primarily located in California, Arizona, and New York, and has shifted its portfolio strategy from a broad view to a more focused approach over the last couple of years [1] Company Strategy - The company has significantly changed its portfolio strategy, indicating a shift towards a more concentrated investment approach [1]