Veris Residential Overview
- Year Founded
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1949
- Status
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Acquired/Merged
- Employees
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181
- Latest Deal Type
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M&A
- Financing Rounds
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8
- Investments
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7
Veris Residential General Information
Description
Veris Residential Inc is a fully-integrated, self-administered and self-managed real estate investment trust (REIT). The company owns and operates a real estate portfolio comprised predominantly of multifamily rental properties located mainly in the Northeast and Class A office properties. The company performs substantially all real estate management, leasing, acquisition and development on an in-house basis. The properties are in three states in the Northeast, plus the District of Columbia. The company operates in two industry segments multifamily real estate & services and commercial & other real estate. The majority of revenue is from Multifamily real estate services.
Contact Information
Website
www.verisresidential.com(Operating Subsidiary)
Corporate Office
- 210 Hudson Street
- Suite 400
- Jersey City, NJ 07311
- United States
Corporate Office
- 210 Hudson Street
- Suite 400
- Jersey City, NJ 07311
- United States
Veris Residential Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Veris Residential Comparisons
Industry
Financing
Details
Veris Residential Competitors (14)
One of Veris Residential’s 14 competitors is Highwoods Properties, a Corporation company based in Raleigh, NC.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Highwoods Properties | Corporation | Raleigh, NC | ||||
| Macerich | Corporation | Santa Monica, CA | ||||
| Parkway Properties (Real Estate Investment Trusts (REITs)) | Corporate Backed or Acquired | Houston, TX | ||||
| Passco Companies | Corporate Backed or Acquired | Irvine, CA | ||||
| Pennsylvania Real Estate Investment Trust | Corporation | Philadelphia, PA |
Veris Residential Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Veris Residential Former Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Veris Residential Investments & Acquisitions (7)
Veris Residential’s most recent deal was a Corporate Asset Purchase with Waterfront Corporate Center I for . The deal was made on 01-Jun-2016.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Waterfront Corporate Center I | 01-Jun-2016 | Corporate Asset Purchase | Other Business Products and Services | ||
| The Curtis Center | 09-Jun-2014 | Merger/Acquisition | Buildings and Property | ||
| Andover Place | 14-Apr-2014 | Corporate Asset Purchase | Buildings and Property | ||
| Roseland Partners (Real Estate Business) | 24-Oct-2012 | Merger/Acquisition | Real Estate Services (B2C) | ||
| SL Green Realty (Nonresidential Building Operations) | 29-Apr-2009 | Secondary Transaction - Private | Buildings and Property |
Veris Residential Exits (3)
Veris Residential’s most recent exit was on 01-Jun-2016 from Waterfront Corporate Center I. The exit was categorized as .
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Waterfront Corporate Center I | 01-Jun-2016 | Completed |
|
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| Andover Place | 14-Apr-2014 | Completed |
|
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| 5 Wood Hollow Road | 16-Apr-2004 | Corporate Asset Purchase | Completed |
Veris Residential FAQs
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When was Veris Residential founded?
Veris Residential was founded in 1949.
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Where is Veris Residential headquartered?
Veris Residential is headquartered in Jersey City, NJ.
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What is the size of Veris Residential?
Veris Residential has 181 total employees.
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What industry is Veris Residential in?
Veris Residential’s primary industry is Real Estate Investment Trusts (REITs).
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Is Veris Residential a private or public company?
Veris Residential is a Private company.
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What is the current valuation of Veris Residential?
The current valuation of Veris Residential is .
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What is Veris Residential’s current revenue?
The current revenue for Veris Residential is .
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How much funding has Veris Residential raised over time?
Veris Residential has raised $500M.
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Who are Veris Residential’s investors?
Madison International Realty and Rizk Ventures have invested in Veris Residential.
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Who are Veris Residential’s competitors?
Highwoods Properties, Macerich, Parkway Properties (Real Estate Investment Trusts (REITs)), Passco Companies, and Pennsylvania Real Estate Investment Trust are some of the 14 competitors of Veris Residential.
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When was Veris Residential acquired?
Veris Residential was acquired on 30-Jun-2026.
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Who acquired Veris Residential?
Veris Residential was acquired by Affinius Capital and Vista Hill Partners.
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