CLI
Mack-Cali Realty Corp.
Halal Rating :
Last Price
$16.02
Last updated:
Market Cap
-
7D Change
1.33%
1 Year Change
0.5%
Company Overview
Exchange
Next Earnings Date
Mack-Cali Realty Corporation, now known as Veris Residential, Inc. (NYSE: VRE), is a real estate investment trust (REIT) that primarily owns, manages, and develops multifamily rental properties. The company has transformed its portfolio to focus on luxury multifamily properties in the Northeast, particularly in New Jersey waterfront and transit-oriented locations.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $68.17m | $78.85m | - | $21.5m | 0.00% | 27.27% |
| June 30, 2024 | $67.48m | $80.93m | - | $22.46m | 0.00% | 27.75% |
| March 31, 2024 | $67.34m | $82.48m | - | $21.5m | 0.00% | 26.07% |
Company Impact
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