secwatch.observer — SEC 8-K summary
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Issuer:     Veris Residential, Inc. (VRE)
CIK:        0000924901
Form:       8-K
Filed at:   2023-10-25T23:59:59+00:00
Accession:  0000924901-23-000036
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Veris Residential Q3 net loss $(0.60)/sh; Core FFO $0.12; raises Same Store NOI guidance to 14-15%
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- Net loss $(0.60) per share vs $(1.10) YoY; Core FFO $0.12 per share vs $0.15.
- Same Store NOI grew 17.1% YoY; Same Store blended rental growth 9.3%.
- Closed $135M non-strategic asset sales in Q3; $71M under binding contract.
- Repaid $115M term loan and $52M revolver; refinanced Haus25 at 5.46% fixed for 5 years.
- Raised 2023 Same Store NOI growth guidance to 14-15% (from prior 12-14%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/924901/000092490123000036/0000924901-23-000036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/924901/000092490123000036/vre-20231025.htm
  HTML page:      https://secwatch.observer/filing/0000924901-23-000036

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