---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-042183"
form_type: "8-K"
ticker: null
cik: "0001067063"
company_name: "Veris Residential, L.P."
filed_at: "2023-04-05T23:59:59+00:00"
generated_at: "2026-06-17T05:39:40.744724+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Veris Residential completes $420M Harborside sale, terminates credit line, exercises $480M preferred unit redemption

## Summary
- Completed sale of three Class A office buildings (Harborside 1,2,3) for $420M; net proceeds ~$360M.
- Terminated Revolving Credit and Term Loan Agreement; no outstanding borrowings at termination.
- Exercised right to purchase and redeem Put/Call Interests from Rockpoint; estimated redemption value ~$480M.
- Redemption closing by May 5, 2023; Rockpoint may defer up to one year until April 5, 2024.

## SEC filing metadata
- accession: 0001104659-23-042183
- form_type: 8-K
- cik: 0001067063
- company_name: Veris Residential, L.P.
- filed_at: 2023-04-05T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1067063/000110465923042183/0001104659-23-042183-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/924901/000110465923042183/tm2311688d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-042183
- JSON: https://secwatch.observer/filing/0001104659-23-042183.json
- Plain text: https://secwatch.observer/filing/0001104659-23-042183.txt

## Key facts
- Debt Financings
  Veris Residential, L.P. amended debt with Rockpoint.
  - Counterparty: Rockpoint
  - Event: amendment
  source text: On April 5, 2023, upon the completion of the Harborside Transaction, the Company delivered notice to Rockpoint that VRT was exercising its right to purchase and redeem the Put/Call Interests from Rockpoint
  evidence_url: https://www.sec.gov/Archives/edgar/data/1067063/000110465923042183/0001104659-23-042183-index.htm
- Material Agreements
  Veris Residential, L.P. terminated Credit Agreement with JPMorgan Chase Bank, N.A., Capital One, National Association, Bank of America, N.A., Goldman Sachs Bank USA, The Bank of New York Mellon, Associated Bank, National Association, and People’s United Bank, N.A. (effective 2023-04-04).
  - Action: termination
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A., Capital One, National Association, Bank of America, N.A., Goldman Sachs Bank USA, The Bank of New York Mellon, Associated Bank, National Association, and People’s United Bank, N.A.
  - Effective: 2023-04-04
  source text: Concurrent with the Harborside Transaction, the Company terminated its Revolving Credit and Term Loan Agreement, dated as of May 6, 2021, among the Operating Partnership, as borrower, JPMorgan Chase Bank, N.A., as sole bookrunner and joint lead arranger, administrative agent and a lender; Capital One, National Association, as joint leader arranger, syndication agent and a lender; and Bank of America, N.A., Goldman Sachs Bank USA, The Bank of New York Mellon, Associated Bank, National Association, and People’s United Bank, N.A., as lenders (the “Credit Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1067063/000110465923042183/0001104659-23-042183-index.htm

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