Company: VRE
Filing Date: 2025-10-22
Form Type: 10-Q
Source: 0001628280-25-045884
Chunk: 67

Company: Veris Residential, Inc.
Filing Date: 2025-10-22
Form: 10-Q
Item: Part I, Item 1
Chunk 67
---
ars in thousands):

27

Property/Project NameLender EffectiveRate (a)  September 30,2025 December 31,2024 MaturityPortside 2 at East Pier (b)New York Life Insurance Company 4.56 %$94,200 $95,427 03/10/26BLVD 425New York Life Insurance Company 4.17 %131,000 131,000 08/10/26BLVD 401New York Life Insurance Company 4.29 %113,984 115,515 08/10/26Portside at East Pier (c)KKRSOFR+2.75 %— 56,500 09/07/26The Upton (d)Bank of New York MellonSOFR+1.58 %75,000 75,000 10/27/26RiverHouse 9 at Port Imperial (e)JP MorganSOFR+1.41 %110,000 110,000 06/21/27Quarry Place at Tuckahoe (f)Natixis Real Estate Capital LLC 4.48 %— 41,000 08/05/27BLVD 475The Northwestern Mutual Life Insurance Co. 2.91 %162,088 164,712 11/10/27Haus25Freddie Mac6.04 %343,061 343,061 09/01/28RiverHouse 11 at Port ImperialThe Northwestern Mutual Life Insurance Co. 4.52 %100,000 100,000 01/10/29Sable (g)Pacific Life5.20 %181,544 — 08/01/29Port Imperial South 4/5 GarageAmerican General Life & A/G PC 4.85 %30,670 31,098 12/01/29The Emery at Overlook Ridge (h)Flagstar Bank 3.21 %69,522 70,653 01/01/31Principal balance outstanding $1,411,069 $1,333,966  Unamortized deferred financing costs (8,532)(10,492)    Total mortgages, loans payable and other obligations, net $1,402,537 $1,323,474  (a)Reflects effective rate of debt, including deferred financing costs, comprised