Veris Residential, a Northeast-focused, class A multifamily REIT, announced it has entered into a definitive merger agreement to be acquired by an investor consortium led by Affinius Capital in partnership with Vista Hill Partners in an all-cash transaction for $19 per share of Veris common stock, representing an implied enterprise value of $3.4 billion. The transaction price reflects a 23.2 percent premium to Veris’ unaffected closing share price on Feb. 4, 2026, and a 27.5 percent premium to the company’s 30-day volume-weighted average price for the period ended Feb. 4, 2026.
This transaction is the culmination of Veris’ strategic transformation and a comprehensive review of strategic alternatives conducted by the company, assisted by financial advisers J.P. Morgan and Morgan Stanley & Co. Following inbound interest, the company and its advisers engaged with a broad group of potential counterparties, including financial sponsors, sovereign wealth funds, pension fu
