Report
EUR 176.76 For Business Accounts Only

Mack-Cali Realty Corporation: Lower leasing forecast and uncertainty about leverage level are meaningful credit negatives

FINANCIAL INSTITUTIONS ISSUER COMMENT 10 August 2017 Contacts Ranjini Venkatesan 212-553-3828 VP-Senior Analyst [email protected] Andrew Chen 212-553-7494 Associate Analyst [email protected] Philip Kibel 212-553-4402 Associate Managing Director [email protected] Nick Levidy 212-553-4595 MD-Structured Finance [email protected] CLIENT SERVICES Americas 1-212-553-1653 Asia
Underlying
Mack-Cali Realty Corporation

Mack-Cali Realty is a real estate investment trust. The company owns and operates a real estate portfolio comprised of Class A office and office/flex properties located primarily in the Northeast. The company performs various real estate leasing, management, acquisition and development on an in-house basis. The company's industry segments are: commercial and other real estate and multi-family real estate and services. The company provides leasing, property management, acquisition, development, construction and tenant-related services for its commercial and other real estate and multi-family real estate portfolio. The company's multi-family services business also provides similar services for third parties.

Provider
Moody's Investors Service
Moody's Investors Service

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