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Steven L. Soboroff net worth and biography

Steven Soboroff Biography and Net Worth

Director of Macerich

Steve Soboroff is the managing partner of Soboroff Partners, a shopping center development and leasing company, and has served in such capacity since 1978. In September 2017, Mr. Soboroff was selected to serve a second two-year term as President of the Los Angeles Police Commission. In August 2013, Mr. Soboroff was appointed to the Board of Police Commissioners by Los Angeles Mayor Eric Garcetti and was chosen as the Commission’s President by his fellow commissioners. After serving the maximum of two consecutive years as President, he then served as the Commission’s Vice President from September 2015 to September 2017. During 2001 to 2010, he served in the roles of Chairman and CEO as well as President of Playa Vista, one of the country’s most significant multi-use real estate projects. Mr. Soboroff also was President of the Los Angeles Recreation and Parks Commission from 1995 to 2001 and a member of the Los Angeles Harbor Commission. In addition, Mr. Soboroff is a board member of several non-profit philanthropic and academic organizations.

What is Steven L. Soboroff's net worth?: The estimated net worth of Steven L. Soboroff is at least $284,110.79 as of March 18th, 2020. Mr. Soboroff owns 14,581 shares of Macerich stock worth more than $284,111 as of November 21st. This net worth estimate does not reflect any other assets that Mr. Soboroff may own. Learn More about Steven L. Soboroff's net worth.
How do I contact Steven L. Soboroff?: The corporate mailing address for Mr. Soboroff and other Macerich executives is 401 WILSHIRE BLVD STE 700, SANTA MONICA CA, 90401. Macerich can also be reached via phone at (310) 394-6000 and via email at [email protected]. Learn More on Steven L. Soboroff's contact information.
Has Steven L. Soboroff been buying or selling shares of Macerich?: Steven L. Soboroff has not been actively trading shares of Macerich during the last ninety days. Most recently, Steven L. Soboroff sold 20,000 shares of the business's stock in a transaction on Wednesday, September 22nd. The shares were sold at an average price of $17.72, for a transaction totalling $354,400.00. Learn More on Steven L. Soboroff's trading history.
Who are Macerich's active insiders?: Macerich's insider roster includes Edward Coppola (President), Doug Healey (EVP), Jackson Hsieh (President & CEO), Scott Kingsmore (CFO), Ann Menard (Insider), Thomas O'Hern (CEO), Steven Soboroff (Director), Kenneth Volk (EVP), and Christopher Zecchini (CAO). Learn More on Macerich's active insiders.
Are insiders buying or selling shares of Macerich?: In the last twelve months, Macerich insiders bought shares 5 times. They purchased a total of 163,365 shares worth more than $2,358,681.00. In the last twelve months, insiders at the real estate investment trust sold shares 4 times. They sold a total of 172,964 shares worth more than $2,940,029.96. The most recent insider tranaction occured on May, 10th when EVP Kenneth Volk bought 5,000 shares worth more than $77,000.00. Insiders at Macerich own 0.5% of the company. Learn More about insider trades at Macerich.
Information on this page was last updated on 5/10/2024.

Steven L. Soboroff Insider Trading History at Macerich

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
9/22/2021	Sell	20,000	$17.72	$354,400.00
7/12/2021	Sell	2,103	$18.04	$37,938.12	38,954
3/18/2020	Buy	2,000	$6.63	$13,260.00	14,581

Steven L. Soboroff Buying and Selling Activity at Macerich

Macerich Company Overview

Macerich is a fully integrated, self-managed and self-administered real estate investment trust (REIT). As a leading owner, operator and developer of high-quality retail real estate in densely populated and attractive U.S. markets, Macerich's portfolio is concentrated in California, the Pacific Northwest, Phoenix/Scottsdale, and the Metro New York to Washington, D.C. corridor. Developing and managing properties that serve as community cornerstones, Macerich currently owns 47 million square feet of real estate consisting primarily of interests in 44 regional town centers. Macerich is firmly dedicated to advancing environmental goals, social good and sound corporate governance. A recognized leader in sustainability, Macerich has achieved a #1 Global Real Estate Sustainability Benchmark (GRESB) ranking for the North American retail sector for nine consecutive years (2015-2023).

Today's Range

Now: $19.49

$19.29

$19.54

50 Day Range

MA: $18.25

$16.22

$20.13

2 Week Range

Now: $19.49

$10.75

$20.40

Volume

721,720 shs

Average Volume

1,551,096 shs

Market Capitalization

$4.39 billion

P/E Ratio

49.96

Dividend Yield

3.47%

Beta

2.5

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