Veris Residential Inc. released a corporate presentation detailing its operational and financial performance as of the third quarter of 2025. The company reported an occupancy rate of 94.7% across its 17 residential buildings, totaling 6,581 apartment units. The average rent-to-income ratio was 10.1%, with a blended net rental growth rate of 3.9% for the quarter. Year-to-date same store net operating income growth was 1.6%. Veris has executed $467 million in non-strategic asset sales and has an additional $75 million under contract, raising the upper end of its target sales range to $650 million. The company's net debt-to-EBITDA ratio stands at 12.6x for the third quarter, with the expectation of reaching 8.0x upon completion of its sales target by the end of 2026. Veris also holds a land bank valued at approximately $110 million, representing potential development for 2,174 units. You can access the full presentation through the link below.