Welcome to our dedicated page for Veris Residential news (Ticker: VRE), a resource for investors and traders seeking the latest updates and insights on Veris Residential stock.
Veris Residential Inc (VRE) is a vertically integrated REIT focused on premium multifamily communities and select commercial properties in the Northeast. This page serves as the definitive source for official announcements, financial updates, and strategic developments from the company.
Investors and stakeholders will find curated coverage of quarterly earnings, property acquisitions, sustainability initiatives, and operational milestones. Our aggregation includes press releases detailing VRE's technology-driven management approach, portfolio expansions, and environmental stewardship programs.
Key updates feature multifamily development progress, leasing activity trends, and governance updates – critical information for assessing the company's market position. Content is organized chronologically to show strategic evolution while maintaining evergreen relevance.
Bookmark this resource for streamlined tracking of VRE's performance in creating sustainable, tech-enabled living spaces. Check back regularly for verified updates directly from corporate communications and authorized news partners.
Veris Residential (NYSE: VRE) reported third quarter 2025 results showing operational stability and accelerated deleveraging. The company completed or has under contract $542 million of non‑strategic asset sales year‑to‑date and used proceeds to reduce debt by $394 million in Q3, lowering Net Debt-to-EBITDA (Normalized) to 10.0x and targeting ~9.0x after Harborside 8/9 closes, with a raised disposition target of $650 million.
Operationally, Same Store blended net rental growth was 3.9% for the quarter, occupancy was 95.8% excluding Liberty Towers, and Core FFO per share guidance was raised to $0.67–$0.68 for 2025 reflecting a $4 million tax appeal benefit.
Veris Residential (NYSE: VRE) will report Q3 2025 financial results after market close on Wednesday, October 22, 2025 and host a webcast and conference call on Thursday, October 23, 2025 at 8:30 a.m. ET.
Investors can listen live via the company's investor website at http://investors.verisresidential.com/corporate-overview or by phone at +1 (877) 451-6152 (U.S.) or +1 (201) 389-0879 (international). Participants are recommended to join ~10 minutes early.
A replay will be available after 12:00 p.m. ET on October 23, 2025 through 11:59 p.m. ET on November 23, 2025 via phone (+1 (844) 512-2921 U.S. or +1 (412) 317-6671 international) using passcode 13753250. The audio replay will also be posted on the investor website and kept on the site for one year.
Veris Residential (NYSE:VRE), a Northeast-focused Class A multifamily REIT, released its 2024 Sustainability Report highlighting significant environmental achievements. The company achieved GRESB's highest U.S. listed residential multifamily score and secured the third-highest score globally.
Key accomplishments include increasing green-certified properties to 79% of managed multifamily portfolio, maintaining Scope 1 & 2 emissions 58% below 2019 levels, and reducing energy consumption by 13%. The company secured a $500 million sustainability-linked financing with a 5-basis-point margin reduction and initiated an $825,000 solar project at Portside II, expected to deliver mid-teens IRR.
Veris Residential (NYSE: VRE), a Northeast-focused Class A multifamily REIT, has declared a quarterly cash dividend of $0.08 per share for Q3 2025. The dividend will be paid on October 10, 2025, to shareholders of record as of September 30, 2025.
Veris Residential operates as a technology-enabled REIT that owns, operates, acquires, and develops premier multifamily properties in the Northeast region. The company emphasizes contemporary living experiences while maintaining strong corporate governance and an inclusive culture.
Veris Residential (NYSE: VRE), a Northeast-focused Class A multifamily REIT, has announced significant changes to its Board of Directors. Christopher Papa, currently EVP and CFO at CenterPoint Properties, has been appointed to the Board effective July 23, 2025. Papa brings over 30 years of experience in real estate, accounting, and corporate finance, with particular expertise in multifamily real estate from his previous roles as CFO at Post Properties and Liberty Property Trust.
Simultaneously, Ronald M. Dickerman, President and Founder of Madison International Realty, will step down from the Board to provide Madison with greater flexibility to trade VRE shares in accordance with its fiduciary duties. The Board transition comes as Veris Residential continues to execute its corporate strategy as a pure-play multifamily REIT.
Veris Residential (NYSE:VRE), a Northeast-focused Class A multifamily REIT, reported strong Q2 2025 results with notable improvements in key metrics. The company achieved $448 million in non-strategic asset sales year-to-date, including $268 million in closed sales and $180 million under contract.
Financial highlights include a Net Income of $0.12 per share, Same Store NOI growth of 5.6% for Q2, and a blended rental growth rate of 4.7%. The company secured an amended credit facility resulting in a 55-basis-point interest rate reduction. VRE is on track to achieve Net Debt-to-EBITDA of ~10.0x by year-end 2025 and below 9.0x by 2026.
The company raised its 2025 guidance, projecting Core FFO per share of $0.63-$0.64 and increased its quarterly dividend to $0.08 per share.
Veris Residential (NYSE: VRE), a Northeast-focused multifamily REIT, has announced two significant transactions to enhance its liquidity position. The company has amended its $500 million credit facility, which now includes a $300 million Revolving Credit Facility and a $200 million delayed-draw Term Loan.
The amended facility introduces a leverage-based pricing grid with spreads of 1.25% to 1.80% over SOFR and reduces required secured properties from five to two. Additionally, VRE completed the $85 million sale of Signature Place, using $80 million of the proceeds to reduce its Term Loan to $120 million.
These transactions support VRE's 2025 corporate plan to reduce leverage, with targets to lower Net Debt to EBITDA to below 10.0x by year-end 2025 and below 9.0x by year-end 2026.
Veris Residential (NYSE: VRE), a Northeast-focused Class A multifamily REIT, has scheduled its second quarter 2025 financial results announcement and conference call. The company will release its Q2 2025 results on Wednesday, July 23, 2025 after market close.
The earnings webcast and conference call will take place on Thursday, July 24, 2025 at 8:30 a.m. ET. Investors can access the webcast through the company's website or join via phone. A replay will be available until August 24, 2025 through multiple channels, including the company's website where it will remain accessible for one year.
Veris Residential (NYSE: VRE), a Northeast-focused Class A multifamily REIT, has announced a quarterly cash dividend of $0.08 per share for Q2 2025. The dividend will be paid on July 10, 2025, to shareholders of record as of June 30, 2025. Future dividend distributions will be subject to Board approval and will consider multiple factors including AFFO, cash flows, taxable income requirements, and capital needs.
Veris Residential (NYSE: VRE) reported Q1 2025 results with mixed performance metrics. The company posted a net loss of $(0.12) per diluted share, compared to $(0.04) in Q1 2024, while Core FFO improved to $0.16 from $0.14 per share. Same Store NOI grew 3.2% year-over-year, with a blended net rental growth rate of 2.4%.
The company maintained a 94.0% Same Store occupancy rate and achieved an average rent per home of $4,019. Notable transactions include $45 million in non-strategic asset sales year-to-date, with an additional $34 million under contract. The company acquired its partner's 15% interest in Jersey City Urby (now 'Sable') for $38.5 million, expecting over $1 million in annualized synergies.
Financial metrics show a weighted average interest rate of 4.96% with 2.8 years to maturity. The company maintains its 2025 guidance with Same Store NOI growth projected at 1.7% to 2.7% and Core FFO per share guidance of $0.61 to $0.63.
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