Market Chatter: Veris Nears Deal for Rest of Jersey City Apartments
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Veris Residential is nearing a deal to acquire the remaining 25% stake in a Jersey City apartment building from Urby, valuing the property at approximately $430 million. Newmark Group is advising on the transaction. Both Veris and Urby have not provided comments on the matter, and the information is based on market chatter, which may include speculation.
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