| Business Summary | | Mack-Cali
Realty
Corporation
is
a
fully
integrated,
self-administered
and
self-managed
real
estate
investment
trust
(REIT)
that
owns
and
operates
a
real
estate
portfolio
comprised
predominantly
of
Class
A
office
and
office/flex
properties
located
primarily
in
the
Northeast.
The
Company
performs
substantially
all
commercial
real
estate
leasing,
management,
acquisition,
development
and
construction
services
on
an
in-house
basis.
As
of
December
31,
2000,
the
Company
owned
or
had
interests
in
267
properties,
aggregating
approximately
28.2
million
square
feet,
plus
developable
land. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Mack-Cali
Realty
Corp.
is
a
fully-integrated,
self-administered
and
self-managed
REIT
that
provides
leasing,
management,
acquisition,
development,
construction
and
tenant-related
services
for
its
properties.
For
the
six
months
ended
6/30/01,
revenues
rose
2%
to
$294.9
million.
Net
income
declined
43%
to
$74.4
million.
Results
reflect
rental
rate
increases
and
higher
income
from
joint
ventures
offset
by
lower
gains
from
the
sale
of
rental
properties. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| William Mack, 61 Chairman | -- | Mitchell Hersh, 50 CEO,
Director | $1.8M | Timothy Jones, 45 Pres | 1.1M | Barry Lefkowitz, 38 CFO,
Exec. VP | 780K | Roger Thomas, 43 Exec.
VP, Gen. Counsel, Sec. | 632K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|