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Mack-Cali Realty Corp. Message Board

  • mrclean82400 mrclean82400 Aug 19, 2013 12:50 PM Flag

    Did not expect this sell off

    Selling less than 10 times FFO. Substantial land for future growth opportunities. Capital being redeployed into new opportunities. Granted I know some of that capital is not generating yield today, but it is going into new deals over the next few years. What am I missing? Granted I know the rents are not going up. But one would think occupancy would start rising. Anyhow, I will be accumulating over time.

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