The deal will be made up of $97.9 million of common operating partnership units in Mack-Cali and the assumption of about $63.8 million of mortgage debt.
Read More »
Real Estate
Restructured Cendant to Retain Bulk of Operations in State
The real estate, hospitality and vehicle-rental companies are expected to stay in Parsippany.
Read More »An Open House for Everything
Kushner puts all its commercial rental properties on display
Read More »Apartment Owners Score a Win over Rent Control
Years of battling to loosen a highly restrictive law result in a ballot-box victory for landlords
Read More »Big Real Estate Win for the Garden State
Drugmaker Sanofi-Aventis signs the yearÂs largest office space deal
Read More »Casino Veteran Gomes Partners with Matzel for 3 Billion Resort
It includes construction of a 1 million-sq.-ft. hotel and casino complex housing 5,000 slot machines and 750 rooms.
Read More »Sanofi-Aventis Relocating Headquarters to 150-acre Bridgewater Campus
All of the companyÂs U.S. pharmaceutical operations employees will be located at the new site.
Read More »Vornado Buys 1.2 stake in McDonald’s
The REITÂs investment in the fast-food firm totals about $500 million.
Read More »Mack-Cali Reports 3Q Activity
Net income available to common shareholders for the third quarter is $20.6 million, 26.7% lower than last year.
Read More »Vornado Spends 189 Million for Option to Buy One Mall, Acquire Another
It has paid $36 million for an option to buy Springfield Mall in Virginia and has agreed to buy Broadway Mall in Long Island for about $153 million.
Read More »Alexander’s Reports Q3 Net Loss
Net income for the nine months ended September 30 was $41,928,000 compared with a net loss of $32,162,000 in year-ago period.
Read More »Alexander’s Reports Q3 Net Loss
Net income for the nine months ended September 30 was $41,928,000 compared with a net loss of $32,162,000 in year-ago period.
Read More »