Mack-Cali Realty
American real estate investment trust
Historically focused on suburban office space in New Jersey, now largely re-positioned towards residential.
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Latest News
5Veris Residential Soon to Be Pure-Play Multifamily REIT
Veris Residential, formerly known as Mack-Cali, is nearing its goal of becoming a pure-play multifamily owner by selling off its remaining office properties in Jersey City.
Veris buys out Ironstate, consolidates ownership of Jersey City Urby in $39 million deal
Veris Residential became the sole owner of the 762-unit Jersey City Urby apartment tower after purchasing Ironstate Holdings' interest in the property for $39 million.
Veris Residential goes private after $3.5 billion acquisition by Affinius, Vista Hill consortium
Investors have finalized a $3.5 billion acquisition of Veris Residential, taking the company private following its multiyear transition from an office-focused REIT to a multifamily residential firm.
Veris to be acquired by Affinius Capital-led group in $3.4 billion all-cash deal
An investor group led by Affinius Capital announced a $3.4 billion all-cash agreement to acquire Veris Residential, the company formerly known as Mack-Cali.
Veris Residential - Wikipedia
This entry details the history of Mack-Cali Realty Corporation, including its 2021 rebranding to Veris Residential, Inc. to reflect its strategic pivot from office assets to multifamily residential buildings.
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