Annual report pursuant to Section 13 and 15(d)

Mortgage Loans On Real Estate

v3.10.0.1
Mortgage Loans On Real Estate
12 Months Ended
Dec. 31, 2018
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Abstract]  
Mortgages Loans On Real Estate



MACK-CALI REALTY CORPORATION/MACK-CALI REALTY, L.P. AND SUBSIDIARIES

SCHEDULE IV – MORTGAGE LOANS ON REAL ESTATE

As of December 31, 2018

(in thousands)









 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

Face Amount

 

 

 



 

 

 

 

 

 

 

 

 

 

 

of Mortgages or

 

 

 



 

 

Interest

 

Interest

 

Final

Periodic

 

 

 

Maximum

 

 

Carrying

Type of

 

 

Accrual

 

Payment

 

Maturity

Payment

Prior

 

 

Available

 

 

Amount of

Loan/Borrower

Description

Location

Rate

 

Rate

 

Date

Term (a)

Liens

 

 

Credit

 

 

Mortgages



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mortgage Loan:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Borrower A

Land

Jersey City, NJ

5.85 

%

5.85 

%

07/21/19

P&I

 -

 

$

41,695 

 

$

45,242 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

 

 

 

 

 

 

 

 

$

41,695 

 

$

45,242 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(a)  P&I = Principal & Interest at maturity





The following table reconciles mortgage loans from January 1, 2017 to December 31, 2018 (in thousands):





 

 

 

 

 

 



 

 

 

 

 

 



 

 

2018

 

 

2017

Balance at January 1

 

$

45,734 

 

$

 -

Additions/(repayments)

 

 

 

 

 

 

New mortgage loan/(repayments)

 

 

(3,000)

 

 

44,695 

Accrued interest

 

 

2,508 

 

 

1,039 

Balance at December 31,

 

$

45,242 

 

$

45,734