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Veris Residential, Inc. is a fully integrated, self-administered, and self-managed real estate investment trust (REIT). The Company owns, operates, acquires and develops Class A multifamily properties in the Northeast as well as a portfolio of non-strategic land and commercial assets. Its technology-enabled, vertically integrated operating platform delivers a contemporary living experience aligned with residents' preferences. The Company operates as a single business segment, focusing on the ownership, operation and development of its multifamily real estate portfolio located in the United States. The Company owns and has interests in multifamily rental properties as well as non-strategic assets comprised of parking/retail properties, and developable land. It seeks to own a portfolio comprised primarily of Class A multifamily properties with premium amenities and offerings, including facilities such as clubrooms and lounges, among others.
Find out what a historical investment in Veris Residential Inc would be worth today using our VRE stock calculator.
Market Capitalisation
$1.78B
Price-earnings ratio
-
Dividend yield
1.69%
Volume
621.2K
High today
$18.98
Low today
$18.96
Open price
$18.96
52-week high
$19.03
52-week low
$13.69
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