Veris Residential (Mack-Cali Realty Corp)

About Veris Residential (Mack-Cali Realty Corp)

Veris Residential (Mack-Cali Realty Corp) is a real estate operator. Veris Residential (Mack-Cali Realty Corp) operates in Boston, Massachusetts, New York City, New York and Trenton-Princeton, New Jersey. Its investment focus is on Multifamily - Ground-up.

Veris Residential, Inc. is a publicly traded REIT, founded in 1997 and headquartered in Jersey City, NJ. It operates through a vertically integrated platform focused on ownership, acquisition, development, and management of Class A multifamily properties primarily across the Northeast U.S.. As of Q1 2025, Veris Residential manages a Same Store portfolio of 7,621 apartment units with 94.0% occupancy, average asset age of 10 years, and year-over-year NOI growth of 3.2%, alongside a 2.4% blended rental growth rate. In 2024 the firm reported approximately $3.92 billion in assets and $1.4 billion in equity.

Principals at Veris Residential (Mack-Cali Realty Corp)

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