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CEO, Mack-Cali Realty Corporation
Mr. DeMarco serves as CEO of the company. He is a veteran real estate investment professional with more than 30 years of industry experience. He joined Mack-Cali in 2015. DeMarco, along with his partner Mitchell Rudin, is responsible for the strategic direction of the company.
Prior to joining the company, DeMarco was most recently the Chief Investment Officer of CCRE, a nonbank finance company and one of the largest originators of CMBS. DeMarco was also an EVP with Vornado Realty Trust. Prior to that, he was a partner at Fortress Investment overseeing a number of real estate operating companies that Fortress acquired. Additionally, he was a senior managing director with Lehman Brothers in the company’s real estate investment banking unit specializing in mergers and acquisitions, structured finance, and initial public offerings.
He serves on the board of Saint Peter’s Preparatory School and is a member of the Urban Land Institute and the International Council of Shopping Centers. DeMarco is a certified public accountant. He received a Bachelor of Business Administration in accounting with a minor in history from Pace University, as well as a Master of Business Administration in finance from the University of Chicago.