Marshall Tycher to Step Down as Executive Officer and Employee Mack-Cali Realty Corporation
May 20, 2021 at 02:12 am IST
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On May 13, 2021, Mack-Cali Realty, L.P. (the Operating Partnership), the operating partnership of Mack-Cali Realty Corporation (the General Partner), determined that effective May 13, 2021 Marshall Tycher would step down as an executive officer and employee of the General Partner. Mr. Tycher will serve in a consulting role as a senior advisor to the General Partner from May 14, 2021 through November 14, 2022 (the Consulting Term).
Veris Residential, Inc. is a fully integrated, self-administered, and self-managed real estate investment trust (REIT). The Company owns, operates, and develops multifamily rental properties located primarily in the Northeast, as well as a portfolio of non-strategic land and commercial assets. The Company operates through two segments: multifamily real estate and services and commercial and other real estate. The Company provides property management, leasing, acquisition, development, construction and tenant-related services for its multifamily real estate portfolio and commercial and other real estate located in the United States. The Company owns and has interests in 24 multifamily rental properties as well as non-strategic assets comprised of one office property, four parking/retail properties, and developable land. It seeks to own a portfolio comprised primarily of Class A multifamily properties with premium amenities and offerings that reflect its commitment to sustainability.