Veris Residential Acquired by Affinius Capital | Real Estate Services M&A Deal

Affinius Capital has completed the acquisition of Veris Residential, a real estate services other business in New Jersey, for $3.5 billion. Affinius Capital acquires Veris Residential to expand its multifamily and affordable housing platform, building on Veris’s Class A apartment portfolio and transformation from an office-heavy REIT into a pure-play multifamily owner. Veris Residential is based in San Antonio and operates across major U.S. markets, aligning with Affinius Capital acquisitions focused on income-producing real estate services. The going private acquisition removes Veris from the New York Stock Exchange through an all-cash transaction at $19 per share, with Vista Hill Partners participating alongside Affinius Capital.