Veris Residential Showcases Financial Performance and Growth Strategy in Latest Corporate Presentation
Veris Residential Inc. presented its financial performance for Q3 2025, reporting a 94.7% occupancy rate across 17 buildings with 6,581 units. The average rent-to-income ratio was 10.1%, and net rental growth was 3.9%. Year-to-date net operating income grew by 1.6%. The company executed $467 million in asset sales, raising its target to $650 million. Its net debt-to-EBITDA ratio is 12.6x, expected to reach 8.0x by 2026. Veris also has a land bank valued at $110 million for potential development of 2,174 units.
Veris Residential Inc. released a corporate presentation detailing its operational and financial performance as of the third quarter of 2025. The company reported an occupancy rate of 94.7% across its 17 residential buildings, totaling 6,581 apartment units. The average rent-to-income ratio was 10.1%, with a blended net rental growth rate of 3.9% for the quarter. Year-to-date same store net operating income growth was 1.6%. Veris has executed $467 million in non-strategic asset sales and has an additional $75 million under contract, raising the upper end of its target sales range to $650 million. The company’s net debt-to-EBITDA ratio stands at 12.6x for the third quarter, with the expectation of reaching 8.0x upon completion of its sales target by the end of 2026. Veris also holds a land bank valued at approximately $110 million, representing potential development for 2,174 units. You can access the full presentation through the link below. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Veris Residential Inc. published the original content used to generate this news brief on November 12, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
