secwatch.observer — SEC 8-K summary
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Issuer:     Veris Residential, Inc. (VRE)
CIK:        0000924901
Form:       8-K
Filed at:   2026-02-23T23:59:59+00:00
Accession:  0001628280-26-010382
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Veris Residential Q4 Core FFO $0.19; full-year Core FFO $0.72 beats guidance
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- Core FFO per diluted share $0.19 in Q4 vs $0.11 YoY; full year $0.72 beats upper end of guidance.
- Same Store NOI grew 5.9% in Q4 and 2.7% for full year; occupancy 94.4%.
- Completed $542M of non-strategic asset sales in 2025; used proceeds to reduce debt by ~$490M.
- Net debt-to-EBITDA (normalized) improved to 9.0x from 11.7x a year ago.
- Sold last two Jersey City land parcels for $75M; land bank reduced to ~$35M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/924901/000162828026010382/0001628280-26-010382-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/924901/000162828026010382/vre-20260223.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-010382

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