SEC Form 10-Q filed by Mack-Cali Realty Corporation
$CLI
Real Estate Investment Trusts
Consumer Services
Unavailable
Unavailable
Save time and jump to the most important pieces.
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. The company will continue to be publicly traded on the New York Stock Exchange and will do so under its new name and new ticker symbol, VRE, effective as of December 10, 2021. Over the past several months, Mack-Cali has made significant progress in achieving its strategic objectives of simplifying its business, strengthening its bal
Believes Nominees Have the Independent Perspectives, Differentiated Real Estate Investment Experience and Shareholder-Focused Mindsets Needed to Help Reverse Lexington's Chronic Underperformance Objective and Independent New Voices are Needed in the Boardroom to Oversee Leadership Transition Process and Full Review to Determine the Right Path Forward for LXP LXP's Total Shareholder Returns Have Underperformed Proxy Peers and Industrial Peers by Nearly 500% During CEO's 18-year Tenure1 Today Land & Buildings Investment Management, LLC (together with its affiliates, "Land & Buildings"), a significant shareholder of Lexington Realty Trust ("LXP," "Lexington" or the "Company") (NYSE:LXP), an
JERSEY CITY, N.J., Nov. 3, 2021 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE:CLI) today reported its results for the third quarter 2021. THIRD QUARTER 2021 HIGHLIGHTS - Net income (loss) of $(0.33) per share for the third quarter 2021 - Core Funds from Operations ("Core FFO") per share of $0.17 for the third quarter 2021 - Two Waterfront office assets, totaling approximately 1.8 million square feet, are under contract for a combined sales price of $590 million, a further step towards simplifying and transitioning the business to a pure-play multifamily REIT - The