Mack-Cali Realty Corporation Announces Second Quarter 2016 Results
PR Newswire - Tue Aug 02, 6:32PM CDT
Mack-Cali Realty Corporation (NYSE: CLI) today reported its results for the second quarter 2016.
CLI: 27.21 (-0.80)
Vornado (VNO) Q2 Earnings: FFO, Revenues Miss Estimates
Zacks Equity Research - Zacks Investment Research - Tue Aug 02, 2:25PM CDT
Vornado Realty Trust (VNO) reported second-quarter 2016 funds from operations (FFO) per share of $1.21, missing the Zacks Consensus Estimate of $1.25.
AMZN: 760.58 (-7.16), VNO: 105.11 (-2.58), COR: 80.61 (-2.82), CLI: 27.21 (-0.80)
Mack-Cali Updates Capital Markets Activity
PR Newswire - Mon Aug 01, 7:44AM CDT
Mack-Cali Realty Corporation (NYSE: CLI) today announced a series of transactions in the redeployment of disposition proceeds as part of its announced strategic plan. The Company has sold approximately $400 million of assets year to date. Currently, Mack-Cali has contracts out for an additional $250 million of dispositions, $200 million of which it expects to close in the third quarter or early fourth quarter, with the remainder in early 2017. In addition, the Company is currently marketing for sale $200 million in assets for total potential sale proceeds of $850 million. The proceeds from these dispositions is expected to be used to pay down debt, fund development, and purchase suitable acquisitions.
CLI: 27.21 (-0.80)
Host Hotels (HST) Q2 FFO in Line, Curbs RevPAR '16 Outlook
Zacks Equity Research - Zacks Investment Research - Fri Jul 29, 1:47PM CDT
Host Hotels' results reflect lower-than-expected revenue performance, though productivity and efficiency improved across the portfolio.
HST: 17.44 (-0.45), BXP: 140.64 (-1.83), CLI: 27.21 (-0.80), RLJ: 23.34 (-0.45)
Roseland, Mack-Cali's Multi-Family Subsidiary, Announces Key Investment Activity On The Hudson River Waterfront And Boston Markets During Second Quarter
PR Newswire - Fri Jul 29, 7:32AM CDT
Mack-Cali Realty Corporation (NYSE: CLI) today announced that Roseland Residential Trust ("Roseland"
CLI: 27.21 (-0.80)
Mack-Cali Announces Second Quarter Leasing Results
PR Newswire - Thu Jul 28, 4:23PM CDT
Mack-Cali Realty Corporation (NYSE: CLI) today announced that it executed 74 leases totaling 660,373 square feet for its office and flex commercial real estate properties during the quarter ending June 30, 2016. Of the 660,373 square feet leased, 154,069 square feet (22.8 percent) were for new leases and 506,304 square feet (77.2 percent) were for lease renewals and other tenant transactions. At quarter end, Mack-Cali's Core, Flex, and Waterfront properties achieved 89.8 percent leased, while its Non-Core properties were 72.8 percent leased. The total percentage leased for the Company is 86.7 percent, up 440 basis points from the same quarter last year, and down slightly from the first quarter's 87.2 percent. The second quarter leases had a direct impact on the Company's 2017 expirations, reducing the total by over 275,000 square feet.
CLI: 27.21 (-0.80)
Public Storage (PSA) Q2 FFO, Revenue Miss Estimates
Zacks Equity Research - Zacks Investment Research - Thu Jul 28, 2:06PM CDT
Public Storage's (PSA) second-quarter 2016 funds from operations ("FFO"
PSA: 234.35 (-4.62), CLI: 27.21 (-0.80), MAC: 87.83 (-1.93), HIW: 55.29 (-0.45)
Omega (OHI) Raises Dividend - Add It to Your Portfolio?
Zacks Equity Research - Zacks Investment Research - Mon Jul 18, 5:47PM CDT
Delighting its shareholders, Omega Healthcare Investors, Inc. (OHI) revealed a 3.4% hike in its regular quarterly cash dividend on Thursday.
BXP: 140.64 (-1.83), OHI: 34.38 (-0.52), CLI: 27.21 (-0.80), VTR: 74.45 (-2.11)
Watch for Mack-Cali Realty to Potentially Rebound After Falling 1.72% Yesterday
Comtex SmarTrend(R) - Fri Jul 15, 4:27PM CDT
Mack-Cali Realty (NYSE:CLI) traded in a range yesterday that spanned from a low of $27.33 to a high of $27.98. Yesterday, the shares fell 1.7%, which took the trading range below the 3-day low of $27.75 on volume of 206,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
CLI: 27.21 (-0.80)
Look for Shares of Mack-Cali Realty to Potentially Rebound after Yesterday's 1.72% Sell Off
Comtex SmarTrend(R) - Fri Jul 15, 4:26PM CDT
Mack-Cali Realty (NYSE:CLI) traded in a range yesterday that spanned from a low of $27.33 to a high of $27.98. Yesterday, the shares fell 1.7%, which took the trading range below the 3-day low of $27.75 on volume of 206,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
CLI: 27.21 (-0.80)
Liberty to Build American Water's HQ in Camden Waterfront
Zacks Equity Research - Zacks Investment Research - Fri Jul 15, 3:17PM CDT
Liberty Property Trust (LPT) announced signing an agreement with American Water (AWK) for the development of the latter's new corporate headquarters at One Water Street in Camden, NJ.
BXP: 140.64 (-1.83), LPT: 40.82 (-0.69), AWK: 82.07 (-0.77), CLI: 27.21 (-0.80)
Coverage Initiated on Select Office REIT's Equities
ACCESSWIRE - Tue Jul 12, 8:21AM CDT
LONDON, UK / ACCESSWIRE / July 12, 2016 / Active Wall St. announces the list of stocks for today's coverage. Pre-market the Active Wall St. team provides the latest corporate, market and technical events impacting selected stocks on the REIT - Office industry. Companies recently under review include New York REIT, Liberty Property Trust, Liberty Property Trust, and Kilroy Realty. See our complete notes on New York REIT at:
KRC: 71.74 (-1.06), LPT: 40.82 (-0.69), CLI: 27.21 (-0.80), NYRT: 9.91 (+0.43)
Prologis (PLD) Completes 16 Build-to-Suit Projects in 1H
Zacks Equity Research - Zacks Investment Research - Fri Jul 08, 4:53PM CDT
Prologis Inc. (PLD) build-to-suit activity remains solid this year with the company completing 16 build-to-suit development projects in the first half.
BXP: 140.64 (-1.83), PSB: 110.53 (-1.28), CLI: 27.21 (-0.80), PLD: 54.20 (-0.41)
Boston Properties Completes Colorado Center Stake Buyout
Zacks Equity Research - Zacks Investment Research - Thu Jul 07, 9:26AM CDT
Boston Properties Inc. (BXP) has completed the acquisition of 49.8% stake in the Colorado Center in Santa Monica, CA. The move marked the company's foray into the Westside Los Angeles market.
DCT: 49.81 (-0.62), BXP: 140.64 (-1.83), PSB: 110.53 (-1.28), CLI: 27.21 (-0.80)
Why REITs Are Preferred Investments Right Now
Zacks Equity Research - Zacks Investment Research - Wed Jun 15, 3:39PM CDT
Why REITs Are Preferred Investments Right Now
MPW: 15.43 (-0.26), IVR: 14.42 (-0.05), ROIC: 22.59 (-0.44), AHH: 14.41 (-0.59), APLE: 20.21 (-0.26), PSB: 110.53 (-1.28), CLI: 27.21 (-0.80), COR: 80.61 (-2.82), WSR: 15.46 (-0.33), UE: 29.61 (-0.38), ELS: 81.59 (-1.57), EDR: 48.20 (-0.27), CTRE: 14.07 (-0.36), DCT: 49.81 (-0.62), INN: 13.92 (-0.19), KIM: 31.65 (-0.52), BFS: 66.70 (-0.49), WPC: 71.58 (-1.29), TWO: 8.66 (-0.14)
What Investors are Making of these Office REITs' Stocks? - Liberty Property Trust, New York REIT, Mack-Cali Realty, and Kilroy Realty
PR Newswire - Mon Jun 13, 6:40AM CDT
The Office REITs industry is expected to see more M&A deals this year, which has investors doing their due-diligence. Stock-Callers.com has selected these following companies for today's alert service: Liberty Property Trust (NYSE: LPT), New York REIT Inc. (NYSE: NYRT), Mack-Cali Realty Corp. (NYSE: CLI), and Kilroy Realty Corp. (NYSE: KRC). Get your free trade alerts on these stocks at:
KRC: 71.74 (-1.06), LPT: 40.82 (-0.69), CLI: 27.21 (-0.80), NYRT: 9.91 (+0.43)
SL Green Signs Renewal, Expansion Deal with New York Life
Zacks Equity Research - Zacks Investment Research - Wed Jun 08, 9:08AM CDT
SL Green Realty Corp. (SLG) disclosed signing a 10-year renewal and expansion lease deal with New York Life Insurance Company at the Graybar Building.
DCT: 49.81 (-0.62), SLG: 116.03 (-1.46), PSB: 110.53 (-1.28), CLI: 27.21 (-0.80)
Mack-Cali Realty Corporation to Present at NAREIT's REITWeek 2016
PR Newswire - Mon Jun 06, 3:00PM CDT
Mack-Cali Realty Corporation (NYSE: CLI) announced today that it will be participating in REITWeek: NAREIT's Investor Forum being held June 7-9, 2016 at the Waldorf Astoria, New York, New York. Michael DeMarco, Mack-Cali's president and chief operating officer, is scheduled to present on Tuesday, June 7, 2016 at 10:15 a.m. Eastern Time.
CLI: 27.21 (-0.80)
Vornado Closes Manhattan Building Financing, Sells Stake
Zacks Equity Research - Zacks Investment Research - Mon Jun 06, 8:15AM CDT
Vornado Realty Trust (VNO) recently sold a 47% stake in a Manhattan office building at a value of $561 million and also completed a $300 million recourse financing of this asset.
VNO: 105.11 (-2.58), PSB: 110.53 (-1.28), CLI: 27.21 (-0.80), WSR: 15.46 (-0.33)
Welltower (HCN) Debt Rating Upgraded to Baa1: Time to Hold?
Zacks Equity Research - Zacks Investment Research - Fri Jun 03, 8:37AM CDT
Ushering in good news for Welltower Inc. (HCN), Moody's Investors Service announced a rating upgrade with a stable outlook.
HCN: 77.80 (-1.81), PSB: 110.53 (-1.28), CLI: 27.21 (-0.80), MCO: 104.19 (-1.08)