Mack-Cali Realty

Veris Residential, Inc. is a real estate investment trust, which owns and operates a real estate portfolio comprised predominantly of Class A office and flex properties located primarily in the Northeast. It operates through the following segments: Commercial and Other Real Estate, and Multi-Family Real Estate and Services. The Commercial and Other Real Estate and Multi-Family Real Estate Portfolio segments provides leasing, property management, acquisition, development, construction, and tenant-related services. The company was founded on May 24, 1994 and is headquartered in Jersey City, NJ.

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With its transition into a pure-play multifamily REIT, Mack-Cali (CLI) changes its name to Veris Residential.

Mack-Cali (CLI) Converts to Multifamily REIT, Adopts New Name

JERSEY CITY, N.J., Dec. 7, 2021 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) today announced that it has rebranded to Veris Residential, Inc. reflecting the company's new strategic direction and corporate values as it transitions into a pure-play multifamily REIT and seeks to generate long-term value for shareholders.

Mack-Cali Becomes Veris Residential

Mack-Cali (CLI) reported earnings 30 days ago. What's next for the stock?

Why Is Mack-Cali (CLI) Down 11.1% Since Last Earnings Report?

While Mack-Cali Realty (CLI) is likely to capitalize on its solid presence in high barrier-to-entry markets and investments in waterfront properties, a leveraged balance sheet is concerning.

Is Hold Strategy Apt for Mack-Cali Realty (CLI) Stock Now?

Mack-Cali Realty Corporation (CLI) CEO Mahbod Nia on Q3 2021 Results - Earnings Call Transcript

While Mack-Cali Realty's (CLI) Q3 results reflect improvements in the same-store NOI of its office and multi-family portfolios, declining same-store cash revenues in office properties was a deterrent.

Mack-Cali Realty (CLI) Q3 FFO & Revenues Beat Estimates

Mack-Cali (CLI) delivered FFO and revenue surprises of 30.77% and 8.63%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Mack-Cali Realty (CLI) Q3 FFO and Revenues Surpass Estimates

JERSEY CITY, N.J., Nov. 3, 2021 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) today reported its results for the third quarter 2021.

Mack-Cali Realty Corporation Reports Third Quarter 2021 Results

JERSEY CITY, N.J., Oct. 22, 2021 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) today announces that it will host its third quarter 2021 earnings conference call with management on Thursday, November 4, 2021, at 8:30 a.m.

Mack-Cali Realty Corporation Announces Third Quarter 2021 Earnings Release Date

Why Is Mack-Cali (CLI) Down 2.1% Since Last Earnings Report?

Despite a leveraged balance sheet, Mack-Cali Realty (CLI) is likely to capitalize on the back of its solid presence in high barrier-to-entry markets and investments in waterfront properties.

Here's Why You Should Hold Mack-Cali Realty (CLI) Stock for Now

Mack-Cali Realty Corporation (CLI) CEO Mahbod Nia on Q2 2021 Results - Earnings Call Transcript

While Mack-Cali's (CLI) Q2 results reflect improvements in same-store cash revenues and NOI in its office portfolio, declining same-store NOI in the multi-family portfolio was a deterrent.

Mack-Cali Realty (CLI) Q2 FFO Beat, Revenues Miss Estimates

Mack-Cali (CLI) delivered FFO and revenue surprises of 25.00% and -1.91%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Mack-Cali Realty (CLI) Q2 FFO Surpass Estimates

JERSEY CITY, N.J., July 28, 2021 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) today reported its results for the second quarter 2021.

Mack-Cali Realty Corporation Reports Second Quarter 2021 Results

JERSEY CITY, N.J., July 13, 2021 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) today announces that it will host its second quarter 2021 earnings conference call with management on Thursday, July 29, 2021 at 8:30 a.m.

Mack-Cali Realty Corporation Announces Second Quarter 2021 Earnings Release Date

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3 Equity REIT Stocks Poised to Stay Afloat Despite Industry Hiccups

Investments in waterfront properties and a strong presence in high barrier-to-entry markets will act as growth drivers for Mack-Cali Realty (CLI) despite a leveraged balance sheet.

Why It Is Wise to Retain Mack-Cali Realty (CLI) Stock Now

Mack-Cali's (CLI) disposition of River Centre portfolio in Red Bank NJ will likely simplify the business and solidify its balance-sheet position.

Mack-Cali (CLI) Disposes Suburban Office Portfolio for $84M

JERSEY CITY, N.J., June 14, 2021 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) announces the appointment of Victor B.

Mack-Cali Appoints Victor B. MacFarlane to Board of Directors

JERSEY CITY, N.J., June 14, 2021 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) today announces the $84 million sale of River Centre, a 639,490 square foot office portfolio in Red Bank, New Jersey to First Mile Properties, the suburban affiliate of Crown Acquisitions of New York.

Mack-Cali Sells Red Bank Office Portfolio for $84 Million

Mack-Cali (CLI) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

All You Need to Know About Mack-Cali (CLI) Rating Upgrade to Buy

JERSEY CITY, N.J., May 10, 2021 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) today unveiled the latest phase of the transformation of its Harborside campus in Jersey City.

Mack-Cali Unveils Latest Phase of Harborside Campus Transformation Along Jersey City Waterfront

Mack-Cali Realty Corporation (CLI) CEO Mahbod Nia on Q1 2021 Results - Earnings Call Transcript

While Mack-Cali's (CLI) multi-family residential portfolio sees decent leasing activity in the first quarter, the pandemic-led woes and high vacancy continue to dampen office portfolio performance.

News for Mack-Cali Realty Stock (CLI)