Craft

Veris Residential

Stock Price

$16.7

2024-10-29

Market Capitalization

$1.7 B

2024-10-29

Revenue

$288.4 M

FY, 2025

Veris Residential Summary

Company Summary

Overview
Veris Residential (formerly known as Mack-Cali Realty) is an owner, manager, and developer of premier office and multifamily properties in select waterfront and transit-oriented markets. It provides management, leasing, and development services. The company operates offices, luxury apartments, diverse retail and restaurants, and public spaces.
Type
Public
Status
Active
Founded
1992
HQ
Jersey City, NJ, US | view all locations
Website
https://verisresidential.com/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Michael J. Demarco, Chief Executive Officer, Board Member

    • Marshall B. Tycher, Chairman, Roseland Residential Trust

      • David J. Smetana, Chief Financial Officer

        • Nicholas A. Hilton, Executive Vice President, Leasing

          LocationsView all

          2 locations detected

          • Jersey City, NJ HQ

            United States

            210 Hudson St

          • Jersey City, NJ

            United States

            101 Hudson St #2000Jersey

          Veris Residential Financials

          Summary Financials

          Revenue (Q1, 2026)
          $70.1M
          Gross profit (Q1, 2026)
          $67.2M
          Net income (Q1, 2026)
          ($15.6M)
          Cash (Q1, 2026)
          $9.4M
          EBIT (Q1, 2026)
          ($15.6M)
          Enterprise value
          $3.1B

          Footer menu