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Stock Market & Financial Investment News

News Breaks
January 6, 2014
10:20 EDTCLIMack-Cali jv acquires 50% interest in multi-family residential project in D.C.
Mack-Cali Realty announced that it has, through a joint venture with Fisher Brothers, acquired a 50% interest in a luxury multi-family project, currently under construction in Washington, D.C. for a purchase price of approximately $46.5M. The 377-unit project includes approximately 25,000 square feet of retail space and a 309-space underground parking garage. The venture has 20-year in-place debt of $100.7M with attractive terms. It is expected that the project will be completed by mid-2015, with leasing beginning in the first quarter of 2015.
News For CLI From The Last 14 Days
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October 23, 2014
07:14 EDTCLIMack-Cali Realty reports Q3 FFO 48c, consensus 47c
Reports Q3 revenue $155.49M, consensus $155.98M
October 21, 2014
10:00 EDTCLIOn The Fly: Analyst Initiation Summary
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07:37 EDTCLIMack-Cali Realty initiated with a Neutral at SunTrust
Target $22.

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