Veris Residential Sold to Affinius Capital and Vista Hill Partners for $3.4 Billion

Veris Residential has been sold for $3.4 billion in an all-cash deal to an investor consortium led by Affinius Capital and Vista Hill Partners. The sale price represents a 23.2% premium to the unaffected closing share price on February 4. The transaction is expected to close in the second quarter of 2026, subject to shareholder approval and customary closing conditions. Veris' leadership sold office assets and transformed the company into a pure-play multifamily REIT over the past five years.