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Dec 31, 2020
Veris Residentia Q4 2020 Earnings Report
Achieved core FFO, produced AFFO, and finished the operating portfolio at a high leased percentage.
Key Takeaways
Veris Residential reported a Core FFO of $16.2 million and AFFO of $3.3 million. The residential operating portfolio finished the quarter at 90.2% leased, while the office portfolio was 78.7% leased.
Achieved Core FFO of $16.2 million, or $0.16 per share.
Produced AFFO of $3.3 million.
Residential: The operating portfolio finished Q4 at 90.2% leased.
Office: Leased 114,506 square feet of office space and finished Q4 at 78.7% leased.
Forward Guidance
The company did not provide specific forward guidance in this document.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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