Veris Residential Acquired by Affinius Capital | Real Estate Services M&A Deal

Affinius Capital has completed the acquisition of Veris Residential, a real estate services other business in New York, for $3.5 billion including debt. Affinius Capital acquisitions focus on multifamily real estate, and Veris Residential operates Class A apartment communities across the New York City metro area, plus Boston and New Jersey. The going private acquisition removes Veris Residential from public markets, with common stock no longer trading on the NYSE after the $19 per share all-cash offer. The Affinius-led investor group includes Vista Hill Partners and used a roughly $2 billion bridge loan, reflecting real estate services M&A activity tied to Veris’s shift away from office assets.