OverviewSuggest Edit

Among the country's largest real estate investment trusts (REITs), Mack-Cali Realty Corporation (NYSE:CLI) is a leading owner, manager, and developer of class A real estate. The Company owns or has interests in 276 properties consisting of 148 office and 109 flex properties totaling approximately 30.0 million square feet and 19 multi-family rental properties containing approximately 5,700 residential units, all located in the Northeast, as well as land to accommodate additional commercial, multi-family, and hotel development. With debt-free ownership of the bulk of its portfolio, Mack-Cali is able to offer a faster and more streamlined leasing process. In addition, the Company is vertically integrated, providing a full range of leasing, property management, construction, legal, space planning, and architectural services. Mack-Cali’s strong financial position, superior properties, and award-winning property management all combine to instill confidence in even the most challenging of markets. Explore www.mack-cali.com to find out why Mack-Cali office buildings are home to some of the world's finest companies and its multi-family communities offer premier luxury living.
TypePublic
HQEdison, US
Websitemack-cali.com
Employee Ratings3.4

Latest Updates

Employees (est.) (Feb 2019)439
Job Openings6
Revenue (FY, 2018)$530.6 M(-13%)
Share Price (Mar 2019)$21.9 (-2%)

Key People/Management at Mack-Cali

Michael DeMarco

Michael DeMarco

CEO
Anthony Krug

Anthony Krug

CFO
Bob Cappy

Bob Cappy

CFO
Marshall Tycher

Marshall Tycher

Chairman
David Mack

David Mack

Board Member
Alan Philibosian

Alan Philibosian

Board Member
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Mack-Cali Office Locations

Mack-Cali has offices in Edison, Williamsburg, Washington, Parsippany-Troy Hills and in 12 other locations
Edison, US (HQ)
343 Thornall St
Arlington, US
Arlington, TX, USA
Boston, US
Boston, MA, USA
Charleston, US
Charleston, SC, USA
Elmsford, US
Elmsford, NY, USA
Englewood, US
Englewood, CO, USA
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Mack-Cali Financials and Metrics

Mack-Cali Revenue

Mack-Cali's revenue was reported to be $530.61 m in FY, 2018
USD

Revenue (FY, 2018)

530.6m

Net income (FY, 2018)

106.4m

Market capitalization (22-Mar-2019)

2.0b

Closing stock price (22-Mar-2019)

21.9

Cash (31-Dec-2018)

29.6m
Mack-Cali's current market capitalization is $2 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

667.0m636.8m594.9m613.4m616.2m530.6m

Revenue growth, %

(5%)(7%)3%

General and administrative expense

47.7m49.1m52.0m50.9m54.0m

Operating expense total

633.4m691.2m508.8m510.9m477.6m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

162.5m169.6m160.3m155.5m153.7m148.6m146.2m152.9m149.2m157.5m149.9m162.8m160.0m139.0m126.6m132.1m

General and administrative expense

12.2m22.9m13.7m12.7m11.0m12.0m13.7m12.2m12.8m14.0m11.6m12.5m13.1m16.1m13.5m11.6m

Operating expense total

177.6m156.4m130.7m126.0m126.7m121.2m285.5m125.7m121.9m129.6m125.1m134.8m130.8m118.8m107.7m114.6m

Depreciation and amortization

45.0m44.7m42.0m42.4m44.1m43.1m43.5m48.1m47.6m57.8m52.4m41.3m41.4m45.8m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

221.7m29.5m37.1m31.6m28.2m29.6m

Accounts Receivable

8.0k

Inventories

Total Assets

4.5b4.2b4.1b4.3b5.0b5.1b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

308.0m58.7m80.9m105.5m19.3m19.8m30.9m116.4m29.5m21.6m168.3m21.7m88.8m25.3m29.7m10.8m

Accounts Receivable

2.0m

Total Assets

4.6b4.4b4.4b4.4b4.2b4.2b4.0b4.2b4.2b4.4b4.9b5.1b5.0b4.8b4.9b5.0b

Total Liabilities

2.6b2.5b2.4b2.5b2.3b2.3b2.3b2.5b2.5b2.7b3.0b3.2b3.1b2.9b2.9b3.1b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(19.1m)31.4m(142.1m)130.3m33.7m106.4m

Depreciation and Amortization

182.8m172.5m170.4m186.7m

Inventories

Accounts Payable

Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

42.7m(17.6m)39.7m41.8m(3.3m)36.1m(106.1m)68.8m123.1m113.5m22.7m(16.4m)28.3m50.7m52.2m53.9m

Depreciation and Amortization

44.7m42.0m40.8m42.4m44.1m43.1m43.5m48.1m47.6m

Accounts Payable

(4.1m)(4.4m)

Cash From Operating Activities

142.9m27.5m84.9m115.5m39.2m79.7m124.7m25.5m64.8m104.8m51.3m103.8m162.6m56.9m81.9m126.3m
USDY, 2018

Revenue/Employee

1.2m

Financial Leverage

3 x
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Mack-Cali Online and Social Media Presence

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Mack-Cali News and Updates

Mack-Cali Announces Receipt of Notice of Director Nominations from Bow Street

JERSEY CITY, N.J., March 18, 2019 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) today announced receipt of a notice from Bow Street Special Opportunities Fund XV, LP ("Bow Street") of its intent to nominate a majority slate of six candidates to stand for election to the Board...

Mack-Cali Realty Corporation in Agreement to Sell 56-Building Office/Flex Portfolio

JERSEY CITY, N.J., March 11, 2019 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI), a waterfront centric office and residential property owner, today announced that it has entered into two definitive agreements with one buyer for the sale of its 3.1 million square foot office/flex ...

Mack-Cali Realty Corporation Reports Fourth Quarter And Full Year 2018 Results

JERSEY CITY, N.J., Feb. 20, 2019 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) today reported its results for the fourth quarter and full year 2018. FOURTH QUARTER 2018 HIGHLIGHTS - Reported net income of $0.45 per diluted share for the quarter; - Achieved Core Funds from...

Mack-Cali Announces Upcoming Changes to Board of Directors

JERSEY CITY, N.J., Feb. 11, 2019 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) today announced that the Board of Directors of the Company has increased its size from ten to eleven members, effective immediately, and has nominated Lisa Myers and Laura Pomerantz for election to...

Madison International Realty Acquires 5% Stake In Mack-Cali Realty Corp.

NEW YORK, Feb. 7, 2019 /PRNewswire/ -- Madison International Realty, a leading real estate private equity firm, announced that it has acquired a 5.0% ownership stake in Mack-Cali Realty Corporation (CLI), holding approximately 4.5 million shares. "We acquired the shares at what we believe ...

Mack-Cali to Provide Strategic Plan Update During January 25th Investor Meeting

JERSEY CITY, N.J., Jan. 24, 2019 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) an owner, manager and developer of premier office and multifamily properties on the New Jersey Waterfront, announced today that it will publish tomorrow, January 25, 2019, an investor presentation...
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Mack-Cali Frequently Asked Questions

  • Who are Mack-Cali key executives?

    Mack-Cali's key executives are Michael DeMarco, Anthony Krug and Bob Cappy.

  • How many employees does Mack-Cali have?

    Mack-Cali has 439 employees.

  • What is Mack-Cali revenue?

    Latest Mack-Cali annual revenue is $530.6 m.

  • What is Mack-Cali revenue per employee?

    Latest Mack-Cali revenue per employee is $1.2 m.

  • Who are Mack-Cali competitors?

    Competitors of Mack-Cali include Whitestone REIT, Acorn and Ventas.

  • Where is Mack-Cali headquarters?

    Mack-Cali headquarters is located at 343 Thornall St, Edison.

  • Where are Mack-Cali offices?

    Mack-Cali has offices in Edison, Williamsburg, Washington, Parsippany-Troy Hills and in 12 other locations.

  • How many offices does Mack-Cali have?

    Mack-Cali has 16 offices.