Company: VRE
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0000924901-25-000011
Chunk: 16

Company: Veris Residential, Inc.
Filing Date: 2025-02-24
Form: 10-K
Item: Item 16
Chunk 16
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)(16,619)Development of rental property and other related costs(6,143)(8,395)(45,817)Proceeds from the sales of rental property and developable land88,962 23,035 153,015 Proceeds from the sale of investments in unconsolidated joint ventures6,095 — — Repayment of notes receivable32 1,303 2,926 Investment in unconsolidated joint ventures(276)(762)(162)Distributions in excess of cumulative earnings from unconsolidated joint ventures12,419 12,068 13,132 Proceeds from insurance settlements— 3,812 — Other investing activities250 1,030 — Net cash provided by (used in) investing activities - continuing operations82,970 19,691 (24,025)Net cash provided by (used in) investing activities - discontinued operations79,081 559,959 244,113 Net cash provided by (used in) investing activities$162,051 $579,650 $220,088 CASH FLOW FROM FINANCING ACTIVITIESBorrowings from revolving credit facility$174,000 $81,000 $102,000 Repayment of revolving credit facility (22,000)(81,000)(250,000)Borrowings from term loans200,000 115,000 — Repayment of term loans— (115,000)— Proceeds from mortgages and loans payable— 399,561 154,720 Repayment of mortgages, loans payable and other obligations(535,017)(442,066)(245,522)Redemption of redeemable noncontrolling interests, net(15,700)(535,488)(12,000)Payment of early debt extinguishment costs— (255)(5,140)Common unit redemptions— (142)(2,692)Payment of financing costs and derivative premiums, net(17,255)(16,158)(6,037)Contributions from noncontrolling interests203 84 24 Distributions to noncontrolling interests(2,055)(409)— Distributions to redeemable noncontrolling interests(545)(17,121)(25,640)Payment of common dividends and distributions(24,052)(5,123)(61)Share issuance proceeds (costs), net1,765 (540)— Other financing activities(