Veris Residential, a REIT that primarily owns, operates, acquires, and develops class A multifamily properties, has confirmed receipt of unsolicited proposals from Kushner Companies to externally manage Veris or to acquire the company for $16 per share.
Veris Residential’s board of directors is evaluating the proposals and will respond to these proposals in due course.
Click here to read the full text of Kushner’s letter sent to the Veris board of directors.
