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Mack-Cali Realty's CEO Discusses Q2 2012 Results - Earnings Call Transcript

Mack-Cali Realty Corporation (CLI)

Q2 2012 Earnings Call

July 26, 2012 10:00 am ET

Executives

Mitchell Hersh - President and CEO

Barry Lefkowitz - EVP and CFO

Analyst

Jamie Feldman - Bank of America

Michael Knott - Green Street Advisors

Craig Mailman - KeyBanc Capital Markets

James Sullivan - Cowen and Company

Steve Sakwa - ISI Group

Josh Attie - Citi

Presentation

Operator

Good day everyone and welcome to the Mack-Cali Realty Corporation second quarter 2012 conference call. At this time, I'd like to turn the conference over to the President and Chief Executive Officer, Mr. Mitchell Hersh.

Mitchell Hersh

Good morning, everyone, and thank you for joining Mack-Cali's second quarter 2012 earnings conference call. With me today is Barry Lefkowitz, Executive Vice President and Chief Financial Officer.

On a legal note, I must remind everyone that certain information discussed on this call may constitute forward-looking statements within the meaning of the Federal Securities Law. Although we believe the estimates reflected in these statements are based on reasonable assumptions, we cannot give assurance that the anticipated results will be achieved. We refer you to our press release and annual and quarterly reports filed with the SEC for risk factors that could impact the company.

First, I'd like to review some of our results and activities for the quarter and generally what we're seeing in our markets, and then Barry will review our financial results. FFO for the second quarter 2012 was $0.62 per diluted share.

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