ADDED
As of February 16, 2026, 93,458,388 shares of common stock, $0.01 par value, of Veris Residential, Inc.
As of December 31, 2025, the General Partner owned an approximate 91.6 percent common unit interest in the Operating Partnership.
The Company's technology-enabled, vertically integrated operating platform delivers a contemporary living experience aligned with residents' preferences while positively impacting the communities it serves to maximize value for all stakeholders.
The General Partner controls Veris Residential, L.P., a Delaware limited partnership, together with its subsidiaries (collectively, the Operating Partnership ), as its sole general partner and owned a 91.6 percent and 91.5 percent common unit interest in the Operating Partnership as of December 31, 2025 and 2024, respectively.
As of December 31, 2025, the Company owned or had interests in 17 multifamily rental properties, as well as non-core assets comprised of three parking/retail properties, plus developable land (collectively, the "Properties").
The Properties are comprised of: (a) 16 wholly-owned or Company-controlled properties comprised of 13 multifamily properties and three non-core assets, plus developable land and (b) four multifamily properties owned by unconsolidated joint ventures in which the Company has investment interests.
The Properties are located in New Jersey, Massachusetts, and the District of Columbia.
A key component of the Company s current capital allocation strategy is the reduction of leverage through the use of asset sale proceeds and excess cash flow to repay debt, converting low- to no-yielding assets into earnings growth through improved borrowing costs and credit terms.
When evaluating investments, the Company considers the impact on leverage, liquidity and overall balance sheet strength.
The Company believes that its focus on sustainability also enhances value for the Company in the short-term, through cost savings and greater interest from sustainability conscious residents.
REMOVED
As of February 18, 2025, 92,954,360 shares of common stock, $0.01 par value, of Veris Residential, Inc.
As of December 31, 2024, the General Partner owned an approximate 91.5 percent common unit interest in the Operating Partnership.
The Company is focused on conducting business in a socially, ethically, and environmentally responsible manner, while seeking to maximize value for all stakeholders.
The General Partner controls Veris Residential, L.P., a Delaware limited partnership, together with its subsidiaries (collectively, the Operating Partnership ), as its sole general partner and owned a 91.5 percent and 91.4 percent common unit interest in the Operating Partnership as of December 31, 2024 and 2023, respectively.
As of December 31, 2024, the Company owned or had interests in 22 multifamily rental properties, as well as non-strategic assets comprised of three parking/retail properties, plus developable land (collectively, the "Properties").
The Properties are comprised of: (a) 19 wholly-owned or Company-controlled properties, comprised of 16 multifamily properties and three non-core assets, and (b) six multifamily properties owned by unconsolidated joint ventures in which the Company has investment interests.
The Properties are located in three states in the Northeast, plus the District of Columbia.
The Company s multifamily properties have an average age of eight years, typically requiring lower maintenance capital expenditures than a more mature portfolio.
The Company believes that this factor provides it with a competitive advantage as it can retain more capital and generate a higher yield than an older portfolio.
These investments will convert low- to no-yielding assets into cash-flowing, high quality assets with strong growth prospects.