---
schema_version: "secwatch.filing_event.v1"
accession: "0000924901-25-000025"
form_type: "8-K"
ticker: "VRE"
cik: "0000924901"
company_name: "Veris Residential, Inc."
filed_at: "2025-04-23T23:59:59+00:00"
generated_at: "2026-05-23T08:50:08.909884+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Veris Residential Q1 Core FFO $0.16; acquires Sable JV stake; dividend raised 52%

## Summary
- Net loss per diluted share $(0.12) vs $(0.04); Core FFO per share $0.16 vs $0.14 YoY.
- Same Store NOI up 3.2% YoY to $50.9M; blended rental growth 2.4%; occupancy 94.0%.
- $45M non-strategic asset sales closed YTD; $34M under binding contract; bought 15% Sable JV stake for $38.5M, consolidating property.
- Dividend raised to $0.08/share from $0.0525 (up 52%); $100M buyback program announced, no shares repurchased to date.
- 2025 guidance maintained: Core FFO $0.61-$0.63 per share; net debt/EBITDA improved to 11.4x from 11.7x.

## SEC filing metadata
- accession: 0000924901-25-000025
- form_type: 8-K
- ticker: VRE
- cik: 0000924901
- company_name: Veris Residential, Inc.
- filed_at: 2025-04-23T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/924901/000092490125000025/0000924901-25-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/924901/000092490125000025/vre-20250423.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000924901-25-000025
- JSON: https://secwatch.observer/filing/0000924901-25-000025.json
- Plain text: https://secwatch.observer/filing/0000924901-25-000025.txt

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