---
schema_version: "secwatch.filing_event.v1"
accession: "0000924901-24-000021"
form_type: "8-K"
ticker: "VRE"
cik: "0000924901"
company_name: "Veris Residential, Inc."
filed_at: "2024-04-24T23:59:59+00:00"
generated_at: "2026-06-03T11:04:01.420659+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Veris Residential Q1 net loss $0.04/shr, core FFO $0.14; same store NOI up 14.2% YoY; raises 2024 guidance

## Summary
- Net loss per diluted share $(0.04) in Q1 2024 vs $(0.06) in Q4 2023; Core FFO per share $0.14 vs $0.12.
- Same Store NOI grew 14.2% YoY to $49.4M; blended rental growth 4.6%; occupancy 94.1%.
- Sold $179M of non-strategic assets including last office asset (Harborside 5 for $85M).
- Secured new $500M secured facility (rev credit & term loan) on Apr 22, 2024; no funds drawn at close.
- Raising 2024 Core FFO guidance to $0.50–$0.54 per share; dividend maintained at $0.0525/shr.

## SEC filing metadata
- accession: 0000924901-24-000021
- form_type: 8-K
- ticker: VRE
- cik: 0000924901
- company_name: Veris Residential, Inc.
- filed_at: 2024-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/924901/000092490124000021/0000924901-24-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/924901/000092490124000021/vre-20240424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000924901-24-000021
- JSON: https://secwatch.observer/filing/0000924901-24-000021.json
- Plain text: https://secwatch.observer/filing/0000924901-24-000021.txt

## Key facts
- Earnings Releases
  Veris Residential, Inc. updated its Full year 2024 guidance (raised).
  - Period: Full year 2024
  - Guidance: raised
  - Result: guidance update
  source text: Raising 2024 guidance, reflecting positive earnings impact anticipated from new, alternative financing strategy and anticipated debt reduction.
  evidence_url: https://www.sec.gov/Archives/edgar/data/924901/000092490124000021/0000924901-24-000021-index.htm
- Earnings Releases
  Veris Residential, Inc. reported financial results for Q1 2024.
  - Period: Q1 2024
  - Result: reported results
  source text: Veris Residential, Inc. (the "Company") issued a press release announcing its financial results for the first quarter 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/924901/000092490124000021/0000924901-24-000021-index.htm
- Earnings Releases
  Veris Residential, Inc. updated its 2024 guidance (raised).
  - Period: 2024
  - Guidance: raised
  - Result: guidance update
  source text: As a result of the anticipated earnings impact of the Company's new credit facilities and associated debt reduction, the Company is raising its Core FFO per Share guidance in accordance with the following table:
  evidence_url: https://www.sec.gov/Archives/edgar/data/924901/000092490124000021/0000924901-24-000021-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.