VRE News and Press, Veris Residential Inc. From 03/14/23

2023-03-14 09:00:00 ET Summary Amid intensifying concerns over the potential fallout from several major tech-focused bank failures, this report examines high-level REIT fundamentals to chart the likely path forward for the real estate industry. Real estate equities have been slamm...

2023-03-10 13:24:37 ET February saw the median U.S. asking rent rise 1.7% Y/Y to $1,937, marking it to be the smallest increase in nearly two years and the lowest level in a year amid vacancies led by high rental costs and rising supply. This is compared to 2.4% growth in January ...

2023-03-10 04:03:42 ET Summary Veris Residential shares are up more than 50% over the past 5 months, mostly due to takeover speculation. Over the past 10 years, the company's shares have lost over 40%of their value. Veris is shedding its office and hotel properties and morphin...

Kushner Applauds New Board Appointments at Veris PR Newswire NEW YORK , Feb. 27, 2023 /PRNewswire/ -- Kushner (together with its affiliates, "Kushner"), a seasoned real estate owner and operator and one of the largest shareholders of Veris Residential (NYSE:...

Veris Residential Appoints Two New Independent Directors to Board PR Newswire Real Estate Industry Veterans Ronald M. Dickerman and Stephanie L. Williams to Join Board Alan R. Batkin to Retire from Board Board Refreshment Reflects Veris Residential's On...

Summary U.S. equity markets posted their worst week of the year as benchmark interest rates jumped to three-month highs on data showing a surprising reacceleration in inflation and economic activity in January. Declining for a third straight week - a skid that follows a stretch of four-...

Summary Apartment REITs were the second-worst-performing property sector in 2022 - barely outperforming the troubled office sector - despite delivering a record year of operating performance highlighted by 20% FFO growth. Following two years of historic rent growth, there is little doub...

Veris Residential Inc. (VRE) Q4 2022 Earnings Conference Call February 22, 2023 8:30 am ET Company Participants Mahbod Nia - Chief Executive Officer Amanda Lombard - Chief Financial Officer Taryn Fielder - General Counsel, Secretary Conference Call Participants ...

Veris Residential ( NYSE: VRE ) stabilized Haus25, a 750-unit luxury apartment tower located in downtown Jersey City; demand continued to outpace expectations, enabling the property to stabilize in just 10 months. Haus25 received strong demand from renters with ~150 leases si...

Veris Residential Announces Stabilization of Haus25 PR Newswire 750-Unit State-of-the-Art Jersey City Waterfront High-Rise Achieves Milestone Three Months Ahead of Schedule JERSEY CITY, N.J. , Feb. 22, 2023 /PRNewswire/ -- Veris Residential, Inc. (NYS...