Macerich (MAC) is a major player in ownership of Class "A" mallsAt year-end 2021, they owned or had interests in 44 regional town centersCovid-related forced closures knocked the shares way down in 2020. Funds from operations (FFO) were cut in half from peak pre-Covid levelsMAC shares followed dropping from a 2019 peak of $47.10 to as low as $4.80...
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