Business planning
Veris Residential Completes Amended Credit Facility and Sells Signature Place for $80 Million in Term Loan Reduction
Veris Residential, a forward-thinking, Northeast-focused Class A multifamily REIT, has announced the completion of an amended $500 million credit facility and the sale of Signature Place, resulting in an $80 million reduction in its term loan. The transaction reflects the company's progress in advancing its 2025 corporate plan