Veris Residential Q3: Crushing Numbers, Deleveraging, & Market Outlook

Veris Residentials Q3 results showcase impressive growth, with 3.9% blended net rental growth and core funds from operations at 20 cents per share. Theyve exceeded their asset sale plan, closing or contracting $542 million, and are deleveraging with a 15% reduction in net debt to EBITDA since January. The Northeast market, particularly NYC and Jersey City, remains strong. Veris raised full-year core FFO guidance and expects to outperform peers in the coming year. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/d2d638a223173d91

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