Veris Residential Inc (NYSE:VRE)
$ 16.73 -0.25 (-1.47%) Market Cap: 1.55 Bil Enterprise Value: 3.25 Bil PE Ratio: 0 PB Ratio: 1.37 GF Score: 63/100

Veris Residential Inc at NAREIT REITweek: Investor Conference Transcript

Jun 07, 2023 / 04:30PM GMT
Release Date Price: $17.25 (+1.47%)
Derek Johnston
Deutsche Bank - Analyst

Thanks for joining us. My name is Derek Johnston. I am the senior REIT lead analyst at Deutsche Bank. Really excited to have Mahbod Nia and Amanda Lombard here today to discuss Veris.

Questions & Answers

Derek Johnston
Deutsche Bank - Analyst

And we figured that we'd make it somewhat interactive and really want to go over the portfolio transformation, really from Mack-Cali that we knew to the residential-focused Veris today. Mahbod?

Mahbod Nia
Veris Residential, Inc. - CEO

Thank you, Derek, and thank you, everyone that's joining us here today in the room and online. So I've got with me Amanda Lombard as well, our CFO.

So maybe running through a little bit of the recent history of the company. What was Mack-Cali at the time that I took over just over two years ago was historically a primarily a suburban office company that owned over 200 suburban office properties and had acquired some years ago, small residential developer by the name of Roseland that has

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