Veris Residential, Inc. Annual report pursuant to Section 13 and 15(d)

[1]	Company's effective ownership % represents the Company's entitlement to residual distributions after payments of priority returns, where applicable.
[2]	On April 1, 2014, the Company repaid the mortgage loan at par, using available cash.
[3]	Reflects effective rate of debt, including deferred financing costs, comprised of the cost of terminated treasury lock agreements (if any), debt initiation costs, mark-to-market adjustment of acquired debt and other transaction costs, as applicable.
[4]	On May 1, 2014, the Company repaid the mortgage loan at par, using available cash.
[5]	On May 12, 2014, the Company repaid the mortgage loan at par, using borrowings on the Company’s unsecured revolving credit facility.
[6]	On April 30, 2014, the Company repaid the mortgage loan at par, using available cash.
[7]	On November 3, 2014, the Company refinanced the mortgage loan with a different lender.
[8]	The loan was not repaid at maturity and the Company has begun discussions with the lender regarding a potential deed-in-lieu of foreclosure in satisfaction of the obligation.
[9]	On August 15, 2014, the Company assumed these loans as a result of its acquisition of interests which increased its ownership to 100 percent in certain previously unconsolidated joint ventures which owned developable land.
[10]	The mortgage loan originally matured on May 1, 2013. The maturity date was extended until May 1, 2015 with the same interest rate. Excess cash flow, as defined, is being held by the lender for re-leasing costs. The deed for the property was placed in escrow and is available to the lender in the event of default or non-payment at maturity.
[11]	The cash flow from this property is insufficient to cover operating costs and debt service. Consequently, the Company notified the lender and suspended debt service payments in August 2013. The Company has begun discussions with the lender regarding a deed-in-lieu of foreclosure and began remitting available cash flow to the lender effective August 2013.
[12]	The cash flow from this property is insufficient to cover operating costs and debt service. Consequently, the Company notified the lender and suspended debt service payments in January 2015.
[13]	The Company, owns a 50 percent tenants-in-common interest in the Curtis Center Property. The Company’s $64.0 million loan consists of its 50 percent interest in a $102 million senior loan with a current rate of 3.455 percent at December 31, 2014 and its 50 percent interest in a $26 million mezzanine loan (with a maximum borrowing capacity of $48 million) with a current rate of 9.661 percent at December 31, 2014. The senior loan rate is based on a floating rate of one-month LIBOR plus 329 basis points and the mezzanine loan rate is based on a floating rate of one-month LIBOR plus 950 basis points. The Company has entered into LIBOR caps for the periods of the loans. The loans provide for three one-year extension options.
[14]	The effective interest rate includes amortization of deferred financing costs of 1.362 percent.
[15]	Mortgage is cross collateralized by seven properties. The Company has agreed, subject to certain conditions, to guarantee repayment of a portion of the loan.
[16]	This construction loan has a maximum borrowing capacity of $28.8 million.
[17]	Mortgage is collateralized by the three properties comprising One River Center.
[18]	The effective interest rate includes amortization of deferred financing costs of 0.122 percent.