Veris Residential(VRE) - 2024 Q1 - Quarterly Results
Veris Residential(VRE)2024-04-24 20:31
Table Of Contents CAPITAL ALLOCATION AND BALANCE SHEET OPERATIONAL PERFORMANCE Mahbod Nia, Chief Executive Officer, commented:"We had a positive start to the year, implementing and advancing a number of value- enhancing operational, capital recycling and balance-sheet-related initiatives, while continuing to deliver strong financial results." "Despite the challenging credit environment, we were able to secure a $500 million credit facility and term loan from a broad range of lenders, providing us with subst ...