AcquisitionFeb 23, 2026Completed
🇺🇸 United States
VRVeris Residential, Inc.ACAffinius Capital (led investor consortium with Vista Hill Partners)
Real Estate › REITs
Enterprise value$3.4BEnterprise value
AnnouncedFeb 23, 2026
ConsiderationCash
StructureOne-step merger
RegionNorth America
Cross-borderNo
Contingent paymentNo
Overview
Veris Residential entered into a definitive merger agreement to be acquired by an investor consortium led by Affinius Capital with Vista Hill Partners for $19.00 per share in cash, an implied enterprise value of $3.4 billion.
Deal rationale
The board concluded after a strategic review that the all-cash transaction delivers compelling value and certainty to shareholders with an immediate premium.
AI-generated from the SEC filingCompletedReal Estate › REITsUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | Undisclosed | |
|---|---|---|
| Enterprise value | $3.4B | Headline figure |
| Consideration | Cash |
Advisors
Buy-side
GSGoldman SachsUUBS
Sell-side
JPJ.P. MorganMSMorgan Stanley
Parties
Target
VRVeris Residential, Inc.
- Headquarters
- United States
- Ticker
- VRE
Acquirer
ACAffinius Capital (led investor consortium with Vista Hill Partners)
- Headquarters
- United States
- Ticker
- —