Veris Residential, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

MORTGAGES, LOANS PAYABLE AND OTHER OBLIGATIONS - Schedule of Mortgages, Loans Payable And Other Obligations (Details)

MORTGAGES, LOANS PAYABLE AND OTHER OBLIGATIONS - Schedule of Mortgages, Loans Payable And Other Obligations (Details) - USD ($) $ in Thousands		6 Months Ended
	Jun. 11, 2024	Jun. 30, 2024	Jul. 01, 2024	May 22, 2024	Dec. 31, 2023	Aug. 10, 2023
Debt Instrument [Line Items]
Principal balance outstanding		$ 1,700,000			$ 1,900,000
Secured Debt
Debt Instrument [Line Items]
Principal balance outstanding		1,645,060			1,868,983
Unamortized deferred financing costs		(12,295)			(15,086)
Total mortgages, loans payable and other obligations, net		$ 1,632,765			1,853,897
Secured Debt \| Signature Place
Debt Instrument [Line Items]
Effective rate (as a percent)		3.74%
Principal balance outstanding		$ 43,000			43,000
Secured Debt \| Liberty Towers
Debt Instrument [Line Items]
Effective rate (as a percent)		3.37%
Principal balance outstanding		$ 265,000			265,000
Secured Debt \| Portside 2 at East Pier
Debt Instrument [Line Items]
Effective rate (as a percent)		4.56%
Principal balance outstanding		$ 96,222			97,000
Debt instrument, percent guaranteed	10.00%
Secured Debt \| BLVD 425
Debt Instrument [Line Items]
Effective rate (as a percent)		4.17%
Principal balance outstanding		$ 131,000			131,000
Secured Debt \| BLVD 401
Debt Instrument [Line Items]
Effective rate (as a percent)		4.29%
Principal balance outstanding		$ 116,510			117,000
Secured Debt \| Portside at East Pier
Debt Instrument [Line Items]
Principal balance outstanding		$ 56,500			56,500
Derivative, cap interest rate						3.50%
Secured Debt \| Portside at East Pier \| SOFR
Debt Instrument [Line Items]
Interest rate, variable (as a percent)		2.75%
Secured Debt \| The Upton
Debt Instrument [Line Items]
Principal balance outstanding		$ 75,000			75,000
Secured Debt \| The Upton \| SOFR
Debt Instrument [Line Items]
Interest rate, variable (as a percent)		1.58%
Secured Debt \| 145 Front at City Square
Debt Instrument [Line Items]
Principal balance outstanding		$ 0			63,000
Derivative, cap interest rate				4.00%
Secured Debt \| 145 Front at City Square \| SOFR
Debt Instrument [Line Items]
Interest rate, variable (as a percent)		1.84%
Secured Debt \| RiverHouse 9 At Port Imperial
Debt Instrument [Line Items]
Principal balance outstanding		$ 110,000			110,000
Secured Debt \| RiverHouse 9 At Port Imperial \| SOFR
Debt Instrument [Line Items]
Interest rate, variable (as a percent)		1.41%
Secured Debt \| Quarry Place at Tuckahoe
Debt Instrument [Line Items]
Effective rate (as a percent)		4.48%
Principal balance outstanding		$ 41,000			41,000
Secured Debt \| BLVD 475
Debt Instrument [Line Items]
Effective rate (as a percent)		2.91%
Principal balance outstanding		$ 165,000			165,000
Secured Debt \| Haus25
Debt Instrument [Line Items]
Effective rate (as a percent)		6.04%
Principal balance outstanding		$ 343,061			343,061
Secured Debt \| RiverHouse 11 at Port Imperial
Debt Instrument [Line Items]
Effective rate (as a percent)		4.52%
Principal balance outstanding		$ 100,000			100,000
Secured Debt \| Soho Lofts
Debt Instrument [Line Items]
Effective rate (as a percent)		3.77%
Principal balance outstanding		$ 0			158,777
Secured Debt \| Port Imperial South 4/5 Garage
Debt Instrument [Line Items]
Effective rate (as a percent)		4.85%
Principal balance outstanding		$ 31,375			31,645
Secured Debt \| The Emery at Overlook Ridge
Debt Instrument [Line Items]
Effective rate (as a percent)		3.21%
Principal balance outstanding		$ 71,392			$ 72,000
Secured Debt \| The Emery at Overlook Ridge \| Prime Rate \| Floating Rate
Debt Instrument [Line Items]
Interest rate, variable (as a percent)		2.75%
Secured Debt \| The Emery at Overlook Ridge \| Prime Rate \| Fixed Rate
Debt Instrument [Line Items]
Interest rate, variable (as a percent)		3.00%
Secured Debt \| Upton
Debt Instrument [Line Items]
Derivative, cap interest rate		1.00%
Secured Debt \| Riverhouse9 At Port Imperial
Debt Instrument [Line Items]
Derivative, cap interest rate		3.00%
Secured Debt \| Riverhouse9 At Port Imperial \| Subsequent Event
Debt Instrument [Line Items]
Derivative, cap interest rate			3.50%