Mack-Cali Realty (CLI) Tops Q2 FFO by 3c/Share

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Go back to Mack-Cali Realty (CLI) Tops Q2 FFO by 3c/Share

Mack-Cali Realty Corporation Announces Second Quarter Results

July 22, 2015 7:07 AM EDT

EDISON, N.J., July 22, 2015 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) today reported its results for the second quarter 2015.

Recent highlights include:

Reported funds from operations for the quarter of $0.46 per diluted share; Reported net income of $0.40 per diluted share; Sold a 203,000 square-foot office property for $80 million; Sold its interest in a multi-family joint venture property for $6.4 million; and Declared $0.15 per share quarterly common stock dividend.

FINANCIAL HIGHLIGHTS

Funds from operations (FFO) for the quarter ended June 30,... More