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 reports developments for a Northeast-focused Class A multifamily real estate investment trust. The company primarily owns, operates, acquires and develops multifamily rental properties through a vertically integrated operating platform, with recurring updates on leasing revenue, occupancy, rental growth, Core FFO, Core AFFO and portfolio activity.
News about VRE also covers common-stock dividends, tax treatment of distributions, property and land dispositions, debt-reduction efforts, quarterly results webcasts, governance matters and shareholder-voting topics tied to material corporate agreements.
Veris Residential (NYSE: VRE) announced completion of its acquisition by an investor consortium led by Affinius Capital with Vista Hill Partners. The all-cash deal values Veris at an implied enterprise value of about $3.5 billion at $19.00 per share.
Following closing, Veris Residential common stock has ceased trading on the New York Stock Exchange.
Universal Technical Institute (NYSE: UTI) and Peloton Interactive (NASD: PTON) will join the S&P SmallCap 600 effective before market open on May 27, 2026. UTI will replace Veris Residential (VRE), which is being acquired, while PTON will replace Enviri (NVRI), which is spinning off assets and then being acquired.
Veris Residential (NYSE: VRE) declared a $0.08 cash dividend on common stock for the first quarter 2026, covering the period ending March 31, 2026.
The dividend is payable on April 10, 2026 to shareholders of record as of March 31, 2026. Contact information for investors and media is provided for further inquiries.
Veris Residential (NYSE: VRE) agreed to be acquired by an Affinius Capital-led investor consortium for $19.00 per share in cash, implying an enterprise value of $3.4 billion. The price represents a 23.2% premium to the unaffected close on Feb 4, 2026.
The transaction, unanimously approved by the board, is expected to close in Q2 2026, is financed with equity and debt (including a $2.08 billion committed bridge loan), and will result in delisting from the NYSE.
Veris Residential (NYSE: VRE) reported Q4 and full-year 2025 results on Feb 23, 2026, highlighting stronger profitability, portfolio sales, and deleveraging.
Key figures: Core FFO per share +20% YoY to $0.72; Core AFFO per share $0.74; dividend $0.32 for 2025; completed $542.1M non-strategic asset sales; used proceeds to cut debt by ~$490M, lowering Net Debt-to-EBITDA (Normalized) to 9.0x; liquidity $280M; weighted average interest rate 4.88% and maturity 2.2 years.
Veris Residential (NYSE: VRE) will release its fourth quarter and full year 2025 financial results after market close on Tuesday, February 24, 2026 and will host a webcast and conference call on Wednesday, February 25, 2026 at 8:30 a.m. ET.
Investors can listen via the company website or dial +1 (877) 451-6152 (domestic) or +1 (201) 389-0879 (international). A replay will be available from 12:00 p.m. ET on February 25 through 11:59 p.m. ET on March 11, 2026, using passcode 13758210.
Veris Residential (NYSE: VRE) announced the tax treatment of its 2025 distributions totaling $0.32 per share. The company paid four quarterly cash distributions of $0.08 per share with record dates 12/31/2024, 3/31/2025, 6/30/2025 and 9/30/2025 and corresponding payment dates 1/10/2025, 4/10/2025, 7/10/2025 and 10/10/2025.
For tax purposes, the total distributions are reported as b$0.320000 capital gainunrecaptured Section 1250 gain of $0.171268 per share. Ordinary dividends, Section 199A dividends and return of capital were reported as $0.00 per share. Shareholders are encouraged to consult tax advisors for specific treatment.
Veris Residential (NYSE: VRE) sold its 4.2-acre Harborside 8/9 land parcel in Jersey City for $75.0 million on Dec 9, 2025. Net proceeds are estimated at $69 million, which the company intends to use to reduce debt and improve Net Debt-to-EBITDA (Normalized) to approximately 9.0x from 10.0x in Q3 and 11.7x at year-end 2024. The sale is expected to be accretive by approximately $0.04 per share of Core FFO on a run-rate basis.
Post-sale, remaining land bank value is ~$35 million, largely in Massachusetts. The company reported $542 million of non-strategic asset sales year-to-date, raised its sales target to $650 million, and said Cushman & Wakefield represented the company in the sale to Panepinto Properties.
Veris Residential (NYSE: VRE) declared a cash dividend for the fourth quarter 2025 of $0.08 per common share for the period ending December 31, 2025.
The dividend is payable on January 9, 2026 to shareholders of record as of December 31, 2025. Veris Residential is a Northeast-focused Class A multifamily REIT that owns, operates, acquires and develops multifamily properties and operates a technology-enabled, vertically integrated platform.
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.