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Cocina Mexicana & Tequila Bar will offer a full-service indoor and outdoor dining space at Haus25 at 25 Christopher Columbus Drive. The eatery will help anchor the ground-floor retail space at the recently completed, 750-unit building in the downtown, which is now leased up after opening last year to strong demand from renters.

“I believe it starts with people and a vision.”

The transaction, reported by Jersey Digs last fall, is the largest office sale this year in the entire United States by nearly $150 million and the largest multi-tenant office sale in the history of New Jersey.

Nareit asks Veris Residential’s CFO Amanda Lombard on transitioning to a pure-play multifamily REIT. “As we transition to a pure-play multifamily REIT, I have been mindful of ensuring that we continue to reduce leverage, maintain a flexible capital structure, and have sufficient liquidity in order to execute the transformation.”

“The sale of Harborside 1/2/3 represents a significant milestone and a critical step in the company’s transition to a pure-play multifamily company,” said Mahbod Nia, Chief Executive Officer of Veris Residential.

MIT/CRE has created a global network of researchers and industry leaders, centered around sharing ideas and experience to quickly scale more sustainable practices, such as building decarbonization and circular economy in real estate, as well as climate risk modeling and pricing.

Employees to Commit 1% of Time to Community and Charity Partners

Ecologi Facilitates Planting Trees on Behalf of Veris Residential’s Employees & Residents

Mark Athitakis featured our SVP, Head of Sustainability and ESG Karen Cusmano in his story for WorldatWork on goal setting and human capital. In this piece, Karen shares how we pledged to achieve gender parity at the management level by 2025 and backed those numbers with real change.

Lincoln Barbour captures Haus25’s best angles in over 100 photos over three days of shooting.

Effective May 4, Ronald M. Dickerman & Stephanie L. Williams proudly join Board of Directors.

“As we near the completion of our transformation to a pure-play multifamily REIT, we do so with an acute focus on unlocking shareholder value,” Tammy Jones

“We expect the apartment sector to remain strong, especially within the coastal markets,” says Jeff Turkanis, CIO of Veris Residential

Veris Residential Completes Lease-Up of 750-Unit Apartment Tower in Jersey City.

750-Unit State-of-the-Art Jersey City Waterfront High-Rise Achieves Milestone Three Months Ahead of Schedule

“2022 marked another year of significant progress on our path to becoming a pure-play multifamily company,” Veris CEO Mahbod Nia said of the firm’s results. “We continued to successfully execute on non-core asset sales despite substantial market volatility…”

“The REIT sold off its remaining hotel investments for $214 million, the Jersey City-based firm disclosed in its fourth-quarter earnings report, as it continues to focus its portfolio on multifamily properties.”

“Recent announcements by Veris have largely focused on its luxury multifamily portfolio, as it ramps up its pivot from the office sector after rebranding in late 2021.”

“Two Marriott brand hotels totaling 372 keys along the Hudson River in Weehawken were sold.”

Veris Residential’s COO Anna Malhari Malhari joined Danica Holley, COO of Global Medical REIT, at the Palm Beach CorpGov Forum for a discussion on “Sustainable Real Estate Investing,” moderated by Tara Dziedzic, Head of Listings—US Sectors for New York Stock Exchange. It has been a transformative year for our industry. It is such an honor to share our successes in our journey to sustainability with the business community as we strive to support “Properties. People. And the Planet” together.

Malhari said that because DEI is so multifaceted and has so many areas that are hard to gauge, the framework of a rating is helpful.

“We are very excited about this partnership,” Veris Chief Executive Officer Mahbod Nia says of the collaboration in an interview with Real Reporter, explaining the union evolved out of an “in-house think tank” assembled in 2022 as a way of bringing together staffers from different company disciplines to promote best practices and “forward-thinking” changes with encouragement, striking gold in a recent instance where a facilities manager cut heating costs in one project by 50 percent simply by making a non-invasive, cost-free adjustment.

Highlights Achievements in Support of Becoming a More Sustainable, Responsible and Inclusive Owner, Operator and Developer

“Karen Cusmano, senior vice president and head of sustainability and ESG for Veris Residential, chats about why the real estate company has made EV charging infrastructure a big part of its climate agenda.”

“Veris Residential Inc. has completed its sale of the Hyatt Regency Jersey City, as the real estate investment trust continues to shed properties outside the luxury apartment sector.”

“Veris Residential, a company that’s evolving into a pure-play apartment landlord, and Hyatt Hotels have sold a 351-room hotel to a pair of partners that plan to upgrade the property.”

The company received Gold for “Development Company of the Year;” SVP, Marketing & Communications Nicole Jones received Gold for “Marketing Executive of the Year;” and The Capstone at Port Imperial took home Silver for “Best Amenities.”

145 Front Street at City Square takes home a win for “Large Community of the Year” at the MAA President’s & Achievement Awards

SVP, Marketing & Communications Nicole Jones shares her tips for developing an inclusive marketing strategy

Veris Residential wins “Multifamily Influencer” Top Company; and our COO Anna Malhari wins for Top Individual

“Sector now representing approximately 98% … up from 39% at the end of the first quarter of 2021.”

”These are significant milestones in our transition to a pure-play multifamily company,” CEO Mahbod Nia said.”

“‘With our exit of the office sector nearly complete, we intend to continue streamlining operations as we become a pure-play multifamily REIT with a more resilient cashflow profile,’ says Tammy Jones, board chair at Veris.”

“Mahbod Nia, Chief Executive Officer, said, ‘Looking ahead, the sizable proceeds anticipated from these transactions provide the company with meaningful liquidity and optionality as we enter the next phase of our transformation.'”

“Veris Residential Inc. has agreed to sell its iconic Harborside 1, 2 and 3 buildings … in a deal that all but completes its exit from traditional commercial assets.”

“Mahbod Nia, Veris Residential CEO, called the transactions significant milestones in the REIT’s transition to a pure-play multifamily company.”

“Multifamily to represent 98% of company’s net operating income.”

“Veris Residential has taken one of the last big steps toward shedding its once-mighty New Jersey office portfolio.”

“One of the most prominent properties along the Jersey City waterfront is officially under contract and slated to change hands next year.”

REIT Earns 2022 GRESB 5 Star Rating

Real Estate NJ reports on recent Veris Residential deals

ROI-NJ calls Veris Residential’s Q2 performance strong

CoStar covers recent Veris Residential transactions

Yahoo! Finance reports on Veris Residential’s Q2 FFO and revenue estimates

Yield PRO interviews our SVP, Operations Jay Minchilli about package delivery solutions for multifamily properties

CoStar covers Veris Residential’s plans to acquire The James

Real Estate NJ reports on Veris Residential’s Park Ridge purchase

Haus25, The BLVD Collection, RiverHouse 9 and RiverHouse 11 in CityRealty’s WFH feature.

The Real Deal reports on recent Veris Residential transactions

northjersey.com shares Veris Residential’s role in bringing Smorgasburg to Jersey City

NJBIZ interviews Veris Residential’s new SVP, Head of Sustainability and ESG

Real Estate NJ covers Veris Residential’s ESG Report release

Commercial Real Estate Direct reports on Veris Residential’s latest acquisition

Real Estate NJ features Veris Residential’s purchase of Class A multifamily property in Northern New Jersey

CoStar reports on Veris Residential’s acquisition of The James

Pat Ralph covers Veris Residential’s purchase of The James for The Real Deal

Connect CRE Says Haus25 reflects environmentally- and socially-conscious ethos

New York Yimby calls out designers in latest Veris Residential launch Haus25

Jersey City Upfront offers a first look at Haus25

Abode2 takes a look around Haus25

Real Estate NJ features Veris Residential’s latest eco-friendly apartment tower

CityRealty welcomes Haus25 to New Jersey’s Gold Coast

Commercial Real Estate Direct announces Haus25 20% pre-leased within days of launch

Real Estate Weekly reports on the launch of “state-of-the-art high-rise” Haus25

NJBIZ calls Haus25 “sustainable living within reach”

Veris Residential earns highest score among peer group from independent third party.

Multifamily Dive interviewed COO Anna Malhari on why health certifications are important in today’s REIT environment

Bisnow interviews our COO and Head of Sustainability and ESG to discuss Veris Residential’s 2021 ESG milestones and goals for sustainable living 

A 750-unit sustainability-focused, state-of-the-art high-rise in Jersey City

Jeff Turkanis Named Chief Investment Officer, Taryn Fielder Named General Counsel

COO Anna Malhari speaks about prioritizing sustainability and ESG practices

COO Anna Malhari talks eco-friendly technology on the property level

Our CEO speaks with Nareit about the company’s future and new strategic direction

Empowering Our Teams with Tools, Knowledge, and the Confidence to Succeed

Accolades Include the Community Award and Top-Rated Award

Welcomes Collectors Universe to Harborside Campus

Our CEO Celebrates 2022 Award Certification

Recognizes 5 Veris Properties in Its Elite 1%

Operating and upgrading residential buildings with a sustainable focus

Our CEO Shares his leadership philosophy and views on the industry

New Brand Aligns with New Strategic Direction

Veris Residential will go back to the basics of what REITs are intended to do

Latest milestone for the REIT as it focuses on becoming a pure-play multifamily company

Premier, Sustainable Jersey City Living

Maximizing Value from Class A Residential Platform

This rebrand is much more than a name change