Veris Residential, Inc. [Acquired] | REIT Profile

Symbol: VRE
CIK: 924901
Exchange: NYSE
HQ: Jersey City, NJ, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Small-Cap
REIT Sector: Residential

Veris Residential, Inc. (NYSE: VRE) is a publicly traded real estate investment trust focused on owning, operating and developing multifamily residential properties, primarily in New York City and adjacent markets. The company’s portfolio consists mainly of rental apartment communities and related assets; its activities include property management, leasing, renovations and select development or repositioning projects to enhance occupancy and rental income. As a REIT, Veris Residential distributes a portion of earnings to shareholders and emphasizes cash flow generation from stabilized rent rolls and asset management. Its strategy centers on urban, transit-accessible locations where demand for professionally managed rental housing is strong. Financial performance and portfolio composition can vary with market cycles, local supply/demand dynamics and leasing trends in the New York metropolitan area. For up-to-date portfolio details, financial results and management commentary, consult the company’s SEC filings and investor relations materials.