Rebrands 762-Unit, Class A Waterfront Property to Sable

JERSEY CITY, N.J., April 22, 2025 /PRNewswire/ -- Veris Residential, Inc. ("Veris Residential" or the "Company") (NYSE: VRE), a forward-thinking, Northeast-focused, Class A multifamily REIT, and Urby, a design-forward, hospitality-driven multifamily development brand, today announced that Veris Residential has acquired Ironstate Holdings' ("Ironstate") 15% stake in Jersey City Urby, a 762-unit, Class A multifamily property located on the Jersey City Waterfront, for $38.5 million, excluding transaction costs but including consideration for the termination of Urby's management contract and the annual tax credit.

JERSEY CITY, N.J., April 4, 2025 /PRNewswire/ -- Veris Residential, Inc. ("Veris Residential" or the "Company") (NYSE: VRE), a forward-thinking, Northeast-focused, Class A multifamily REIT, today announced that it will host its first quarter 2025 financial results webcast and conference call on Thursday, April 24, 2025, at 8:30 a.m., eastern. The Company will release its results after the close of market on Wednesday, April 23, 2025.

JERSEY CITY, N.J., Feb. 27, 2025 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) ("Veris Residential" or the "Company"), a forward-thinking, Northeast-focused, Class A multifamily REIT, today announced that the Company's Board of Directors has declared a cash dividend on its common stock for the first quarter 2025 in the amount of $0.08 for the period ending March 31, 2025. The dividend will be paid on April 10, 2025, to shareholders of record as of March 31, 2025.

JERSEY CITY, N.J., Feb. 24, 2025 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) (the "Company"), a forward-thinking, Northeast-focused, Class A multifamily REIT, today reported results for the fourth quarter and full year 2024.

Three Months Ended December 31,

Twelve Months Ended December 31,

2024

2023

2024

2023

Net Income (loss) per Diluted Share

$(0.13)

$(0.06)

$(0.25)

$(1.22)

Core FFO per Diluted Share

$0.11

$0.12

$0.60

$0.53

Core AFFO per Diluted Share

$0.13

$0.14

$0.71

$0.62

Dividend per Diluted Share

$0.08

$0.0525

$0.2625

$0.1025

JERSEY CITY, N.J., Feb. 18, 2025 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) ("Veris Residential" or the "Company"), a forward-thinking multifamily REIT, today announced the tax treatment of its 2024 Distributions. The Company's total distributions of $0.235 per share of common stock (CUSIP #554489104) is to be classified for income tax purposes as follows:

RECORD

PAYMENT

CASH DISTRIBUTIONS

TAXABLE

TOTAL

UNRECAPTURED

SECTION

RETURN OF CAPITAL

 DATE

 DATE

PER SHARE

ORDINARY DIVIDENDS

CAPITAL GAIN

SECTION 1250 GAIN

199A DIVIDENDS

DISTRIBUTIONS

12/29/2023

1/10/2024

$0.053

$0.000

$0.000

$0.000

$0.000

$0.053

4/3/2024

4/16/2024

$0.053

$0.000

$0.000

$0.000

$0.000

$0.053

7/3/2024

7/16/2024

$0.060

$0.000

$0.000

$0.000

$0.000

$0.060

6/30/2024

10/16/2024

$0.070

$0.000

$0.000

$0.000

$0.000

$0.070

TOTALS

$0.235

$0.000

$0.000

$0.000

$0.000

$0.235

JERSEY CITY, N.J., Jan. 22, 2025 /PRNewswire/ -- Veris Residential, Inc. ("Veris Residential" or the "Company") (NYSE: VRE), a forward-thinking multifamily REIT, today announces that it will host its fourth quarter and full year 2024 financial results webcast and conference call on Tuesday, February 25, 2025, at 8:30 a.m. eastern. The Company will release its results after the close of market on Monday, February 24, 2025.

JERSEY CITY, N.J., Nov. 13, 2024 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) ("Veris Residential" or the "Company"), a forward-thinking, environmentally and socially conscious multifamily REIT, today announced that the Company's Board of Directors has declared a cash dividend on its common stock for the fourth quarter 2024 in the amount of $0.08 for the period ending December 31, 2024. The dividend will be paid on January 10, 2025, to shareholders of record as of December 31, 2024.

Raises Full-Year 2024 Guidance

JERSEY CITY, N.J., Oct. 30, 2024 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) (the "Company"), a forward-thinking, environmentally and socially conscious multifamily REIT, today reported results for the third quarter 2024.

Three Months Ended September 30,

Nine Months Ended September 30,

2024

2023

2024

2023

Net Income (Loss) per Diluted Share

$(0.10)

$(0.60)

$(0.12)

$(1.16)

Core FFO per Diluted Share

$0.17

$0.12

$0.49

$0.42

Core AFFO per Diluted Share

$0.19

$0.15

$0.58

$0.48

Dividend per Diluted Share

$0.07

$0.05

$0.18

$0.05

JERSEY CITY, N.J., Oct. 10, 2024 /PRNewswire/ -- Veris Residential, Inc. ("Veris Residential" or the "Company") (NYSE: VRE), a forward-thinking, environmentally and socially conscious REIT that primarily owns, operates, acquires and develops Class A multifamily properties, today announces that it will host its third quarter 2024 financial results webcast and conference call on Thursday, October 31, 2024, at 8:30 a.m., eastern. The Company will release its results after the close of market on Wednesday, October 30, 2024.

JERSEY CITY, N.J., July 24, 2024 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) (the "Company"), a forward-thinking, environmentally and socially conscious multifamily REIT, today reported results for the second quarter 2024.

Three Months Ended June 30,

Six Months Ended June 30,

2024

2023

2024

2023

Net Income (Loss) per Diluted Share

$0.03

$(0.30)

$(0.01)

$(0.56)

Core FFO per Diluted Share

$0.18

$0.16

$0.32

$0.30

Core AFFO per Diluted Share

$0.21

$0.19

$0.40

$0.33

Dividend per Diluted Share

$0.06

$—

$0.1125

$—

JERSEY CITY, N.J., July 8, 2024 /PRNewswire/ -- Veris Residential, Inc. ("Veris Residential" or the "Company") (NYSE: VRE), a forward-thinking, environmentally and socially conscious REIT that primarily owns, operates, acquires and develops Class A multifamily properties, today announces that it will host its second quarter 2024 financial results webcast and conference call on Thursday, July 25, 2024, at 8:30 a.m., eastern. The Company will release its results after the close of market on Wednesday, July 24, 2024.

JERSEY CITY, N.J., June 18, 2024 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) (the "Company") today announced that it has withdrawn its proposed public offering of shares of its common stock.

Mahbod Nia, Chief Executive Officer of Veris Residential, said, "Following careful consideration of all relevant factors, consistent with our disciplined approach and with the best interests of our shareholders in mind, we have made the decision to withdraw our previously announced public offering of common stock. We greatly appreciate the continued trust and support of our shareholders as we seek to continue executing our three-pronged approach to value creation encompassing capital allocation and further optimization of our platform, portfolio and balance sheet."

JERSEY CITY, N.J., June 17, 2024 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) (the "Company") announced today that it has commenced an underwritten public offering of 10,500,000 shares of its common stock.

J.P. Morgan, Goldman Sachs & Co. LLC and BofA Securities are acting as the joint book-running managers for the offering.

The underwriters are expected to be granted a 30-day option, exercisable in whole or in part from time to time, to purchase up to an additional 1,575,000 shares of the Company's common stock.

Explores the Integration of ESG Considerations into Business Decision-Making for the Benefit of All Stakeholders

CAMBRIDGE, Mass. and JERSEY CITY, N.J., May 8, 2024 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE) (the "Company"), a forward-thinking, environmentally and socially conscious real estate investment trust (REIT) that primarily owns, operates, acquires and develops Class A multifamily properties, today announced details from CEO Mahbod Nia's recent lecture at Massachusetts Institute of Technology's Center for Real Estate ("MIT/CRE"), one of the world's foremost institutes for the study of real estate and technology.