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BGL Announces Refinancing of Heinz at 950 North Shore for MCM Company

/PRNewswire/ Brown Gibbons Lang & Company (BGL) is pleased to announce the financial closing of Heinz at 950 North Shore for MCM Company, Inc. (MCM). BGL s. ....

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Raising Racial Equity in the Multifamily Sector

Decades of undervaluing properties in Black neighborhoods has deprived communities of generational wealth.
Last year, the killings of George Floyd and Breonna Taylor at the hands of police, among several other high-profile incidents of racial violence, led to much broader conversations about diversity, equity and inclusion throughout American society. Commercial real estate has been no exception to this. Many firms added new chief diversity officers. Industry associations made renewed efforts to foster conversations about what it would take to open up opportunities in the industry. There was much talk of turning a “moment into a movement.” And there have been efforts to create new programs and launch new funds that seek to level the playing field. ....

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Mack-Cali Names Mahbod Nia Chief Executive Officer

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JERSEY CITY, N.J., March 3, 2021 /PRNewswire/ Mack-Cali Realty Corporation (NYSE: CLI), a leading owner, manager, and developer of class A office and luxury multifamily real estate throughout New Jersey, today announced that its Board of Directors (the Board ) has named Mahbod Nia Chief Executive Officer, effective March 8, 2021. Mr. Nia, who has served as a director of Mack-Cali since June 2020, will succeed Interim CEO MaryAnne Gilmartin, who will serve as Special Advisor to ensure a smooth transition of responsibilities. With the selection of a permanent CEO, and to allow for the election of an independent Board Chair in accordance with the applicable NYSE independence guidelines, Ms. Gilmartin has stepped down as Board Chair, and will not run for re-election to the Board at the Company s 2021 Annual Meeting of Shareholders. She will remain a director through the Annual Meeting and return to her full-time role as CEO of MAG P ....

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Mack-Cali Names Mahbod Nia Chief Executive Officer

Mack-Cali Names Mahbod Nia Chief Executive Officer
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