H/2 Credit Manager discloses 5.9% Veris Residential (VRE) ownership stake
Rhea-AI Filing Summary
H/2 Credit Manager LP and its general partner have filed a Schedule 13G reporting a significant stake in Veris Residential, Inc. They report beneficial ownership of 5,472,814 shares of Veris Residential common stock, representing 5.9% of the outstanding class as of the stated event date.
The filing shows H/2 with shared voting and shared dispositive power over these shares, and no sole voting or dispositive power. The holders state the position is held in the ordinary course of business and not for the purpose of changing or influencing control of Veris Residential.
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Insights
Institutional holder reports a 5.9% passive stake in Veris Residential.
H/2 Credit Manager LP and its general partner report beneficial ownership of 5,472,814 Veris Residential common shares, or
The report is made on Schedule 13G, which is typically used for passive investments. The certifying language states the securities were acquired and are held in the ordinary course of business and not to change or influence control, which frames this as a non-activist position based on the disclosure provided.
While a stake above 5% can be notable in governance terms, this filing alone does not describe any specific strategic intentions or planned actions. Future company disclosures or updated ownership filings, if any, would provide clarity on any changes in this ownership level or status.