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.
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Type
Public
HQ
Edison, US
Size (employees)
540 (est)
Mack-Cali is headquartered in Edison, US
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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 Worcester, Parsippany-Troy Hills, Morristown, Edison and in 12 other locations
Edison, US (HQ)
343 Thornall St
Moorestown, US
12 1 Executive Dr
Paramus, US
650 From Rd
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Mack-Cali Financials and Metrics

Mack-Cali Revenue

Mack-Cali's revenue was reported to be $616.20 m in FY, 2017
USD

Revenue (Q1, 2018)

139 m

Net income (Q1, 2018)

50.7 m

EBIT (Q1, 2018)

20.2 m

Market capitalization (11-Jul-2018)

1.8 b

Closing share price (11-Jul-2018)

20.4

Cash (31-Mar-2018)

25.3 m
Mack-Cali's current market capitalization is $1.8 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

667 m636.8 m594.9 m613.4 m616.2 m

Revenue growth, %

(5%)(7%)3%

General and administrative expense

50.9 m

Operating expense total

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

Revenue

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

General and administrative expense

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

Operating expense total

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

Depreciation and amortization

41.3 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

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

Accounts Receivable

8 k

Inventories

Total Assets

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

Cash

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

Accounts Receivable

2 m

Total Assets

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

Total Liabilities

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

Net Income

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

Depreciation and Amortization

182.8 m172.5 m170.4 m186.7 m

Inventories

Accounts Payable

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

Net Income

42.7 m(17.6 m)39.7 m41.8 m(3.3 m)36.1 m(106.1 m)68.8 m123.1 m113.5 m22.7 m(16.4 m)44.7 m50.7 m

Depreciation and Amortization

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

Accounts Payable

(4.1 m)(4.4 m)

Cash From Operating Activities

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

Financial Leverage

2.8 x
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Mack-Cali Online and Social Media Presence

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Mack-Cali News and Updates

Mack-Cali Realty Corporation Announces Departure of Mitchell E. Rudin

JERSEY CITY, N.J., June 15, 2018 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) today announced the departure of Mitchell E. Rudin. Mr. Rudin served as Chief Executive Officer from June 2015 until he was appointed Vice Chairman of the Company in April 2017.  Mr. Rudin will b...

Mack-Cali Realty Corporation Declares Quarterly Cash Dividend

JERSEY CITY, N.J., June 13, 2018 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) today announced that its Board of Directors has declared a cash dividend of $0.20 per common share (indicating an annual rate of $0.80 per common share) for the period April 1, 2018 through June 30,...
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Mack-Cali Company Life and Culture

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