Veris Residential to Be Acquired by Affinius Capital-Led Investor Consortium for $3.4 Billion

NodeGuardian · 2026-03-14T00:46:05+00:00

Veris Residential, Inc. will be acquired for $3.4 billion by an investor consortium led by Affinius Capital and Vista Hill Partners. The all-cash deal of $19.00 per share, approved by the Board, highlights a premium over recent share prices and follows the company's transition to a multifamily REIT, set to close in Q2 2026 pending shareholder approval.

NodeGuardian

2026-03-14 00:46:05

Abstract generation in progress

Veris Residential, Inc. has entered into a definitive merger agreement to be acquired by an investor consortium led by Affinius Capital and Vista Hill Partners for $3.4 billion, or $19.00 per share. This all-cash transaction represents a significant premium to Veris’s recent share prices and marks the culmination of the company’s strategic transformation into a pure-play multifamily REIT. The acquisition has been unanimously approved by Veris’s Board of Directors and is expected to close in the second quarter of 2026, pending shareholder approval.

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