One of the country's leading real estate investment trusts (REITs), Mack-Cali Realty Corporation is an owner, manager and developer of premier office and multifamily properties in select waterfront and transit-oriented markets throughout New Jersey. Mack-Cali is headquartered in Jersey City, New Jersey, and is the visionary behind the city's flourishing waterfront, where the company is leading development, improvement and place-making initiatives for Harborside, a master-planned destination comprised of class A office, luxury apartments, diverse retail and restaurants, and public spaces.
Company profile
Ticker
VRE
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
MACK CALI REALTY L P
SEC CIK
Corporate docs
Subsidiaries
VERIS RESIDENTIAL, INC. • 1 WATER STREET L.L.C. • 3 CAMPUS REALTY LLC • 6 BECKER URBAN RENEWAL, L.L.C. • 25 CC BONDS, L.L.C. • 55 CORPORATE PARTNERS L.L.C. • 55 CORPORATE REALTY L.L.C. • 65 LIVINGSTON HOLDING L.L.C. • 65 LIVINGSTON TENANT L.L.C. • 85 LIVINGSTON URBAN RENEWAL, L.L.C. ...
Latest filings (excl ownership)
10-Q
2024 Q1
Quarterly report
24 Apr 24
8-K
Departure of Directors or Certain Officers
11 Mar 24
10-K
2023 FY
Annual report
21 Feb 24
8-K
Veris Residential Declares Quarterly Cash Dividend
19 Dec 23
8-K
Entry into a Material Definitive Agreement
16 Nov 23
10-Q
2023 Q3
Quarterly report
25 Oct 23
8-K
Departure of Directors or Certain Officers
4 Oct 23
8-K
Regulation FD Disclosure
7 Sep 23
10-Q
2023 Q2
Quarterly report
26 Jul 23
8-K
Submission of Matters to a Vote of Security Holders
15 Jun 23
Transcripts
Latest ownership filings
No filings
Financial summary
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Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
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Cash on hand (at last report) | 40.88 mm | 40.88 mm | 40.88 mm | 40.88 mm | 40.88 mm | 40.88 mm |
Cash burn (monthly) | 127.89 mm | 1.93 mm | 20.38 mm | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 907.95 mm | 13.71 mm | 144.69 mm | n/a | n/a | n/a |
Cash remaining | -867.07 mm | 27.16 mm | -103.81 mm | n/a | n/a | n/a |
Runway (months of cash) | -6.8 | 14.1 | -5.1 | n/a | n/a | n/a |