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CLI News and Press, Mack-Cali Realty Corporation From 06/26/21

Stock Information

Company Name: Mack-Cali Realty Corporation
Stock Symbol: CLI
Market: NYSE
Website: mack-cali.com

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CLI - Walking An Inflation Tightrope

U.S. equity markets rebounded following the worst week since February on promises of bipartisan progress on a significantly slimmed-down infrastructure package, reflecting concern that additional stimulus could further inflame inflation. Delivering its best week since February and clo...

CLI - Fed Sparks Sell-Off As Shortages Worsen

U.S. equity markets slid to their worst week since February after the Federal Reserve accelerated its "lift-off" plans in response to surging inflation, sparking a sell-off in economically sensitive assets. Snapping a three-week winning streak and retreating from record-highs set...

CLI - Mack-Cali sells Red Bank Office portfolio for $84 Million

Mack-Cali Realty (CLI) announces the $84 million sale of River Centre, a 639,490 sq. ft. office portfolio in Red Bank, New Jersey, to First Mile Properties.The proceeds will be used towards repayment of the Company's term loan.d Mahbod Nia, Chief Executive Officer: "We remain focused on concl...

CLI - Mack-Cali Sells Red Bank Office Portfolio for $84 Million

Mack-Cali Sells Red Bank Office Portfolio for $84 Million Brings Mack-Cali One Step Closer to Successful Completion of Suburban Office Sales Strategy PR Newswire JERSEY CITY, N.J. , June 14, 2021 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) t...

CLI - The Stocks To Focus On Today

Inflation is here; and that means these groups ought to be on your radar. The best stocks within every sector now. Over 20 new stocks join our 'best stocks' list this week. For further details see: The Stocks To Focus On Today

CLI - Inflation Is Worse Than It Looks

U.S. equity markets rallied to fresh record highs this past week as long-term interest rates retreated despite inflation data showing the highest annual rise in consumer prices in decades. A seemingly insatiable bid for Treasury Bonds - a counterintuitive trend that some analysts like...

CLI - Office REITs: No Going Back

Vaccines are here, masks are off, and sports stadiums are full. Office desks around the country remain eerily empty, however, as office utilization rates remain a fraction of pre-COVID levels. For many corporations, there's no going back - at least not to pre-COVID norms. Survey data ...

CLI - REITs Getting Short Squeezed

U.S. equity markets flirted with fresh record-highs this week as concerns regarding economic "overheating" cooled after employment data showed that job growth fell short of expectations for the second straight month. Finishing on the cusp of fresh record-highs, the S&P 500 rallied...

CLI - Rents Are Surging Again

U.S. equity markets rallied this past week as long-term inflation expectations eased following a lukewarm slate of economic data and as massive new government spending programs face diminishing public support. Snapping a two-week skid, the S&P 500 rallied 1.2% on the week. Bitcoin...

CLI - The Top Stocks You Can Buy Now

Market leadership by sector and market cap. Sectors remain tilted toward mid-cycle ideas. However, stock-specific ideas are available in every basket. For further details see: The Top Stocks You Can Buy Now

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