---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-096987"
form_type: "8-K"
ticker: "VRE"
cik: "0000924901"
company_name: "Veris Residential, Inc."
filed_at: "2021-07-28T23:59:59+00:00"
generated_at: "2026-06-30T02:00:30.852161+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Mack-Cali Q2 net loss $(0.81)/sh, Core FFO $0.15, suburban office dispositions $387M

## Summary
- Net loss available to common shareholders $(72.1M), or $(0.81) per diluted share, vs $(34.9M), $(0.41) last year.
- Core FFO per share fell to $0.15 from $0.28, driven by pandemic impact on hotel and multifamily and suburban asset disposals.
- Multifamily operating portfolio reached 94.4% occupancy as of July 25, up from 89.7% at March 31, above pre-pandemic levels.
- Suburban office dispositions of $387M in Q2; post-quarter, redeemed $575M bonds and repaid $150M term loan.
- Expected up to $5M in annual run-rate cash expense savings from reorganization by end of 2021.

## SEC filing metadata
- accession: 0001104659-21-096987
- form_type: 8-K
- ticker: VRE
- cik: 0000924901
- company_name: Veris Residential, Inc.
- filed_at: 2021-07-28T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/924901/000110465921096987/0001104659-21-096987-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/924901/000110465921096987/tm2123328d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-096987
- JSON: https://secwatch.observer/filing/0001104659-21-096987.json
- Plain text: https://secwatch.observer/filing/0001104659-21-096987.txt

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