Company: VRE
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0000924901-25-000011
Chunk: 100

Company: Veris Residential, Inc.
Filing Date: 2025-02-24
Form: 10-K
Item: Item 8
Chunk 100
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79,081 559,959 244,113 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 $102,000 Repayment of revolving credit facility (22,000)(81,000)(250,000)Borrowings from term loans200,000 115,000 — Repayment of term loans— (115,000)— Proceeds from mortgages and loans payable— 399,561 154,720 Repayment of mortgages, loans payable and other obligations(535,017)(442,066)(245,522)Redemption of redeemable noncontrolling interests, net(15,700)(535,488)(12,000)Payment of early debt extinguishment costs— (255)(5,140)Common unit redemptions— (142)(2,692)Payment of financing costs and derivative premiums, net(17,255)(16,158)(6,037)Contributions from noncontrolling interests203 84 24 Distributions to noncontrolling interests(2,055)(409)— Distributions to redeemable noncontrolling interests(545)(17,121)(25,640)Payment of common dividends and distributions(24,052)(5,123)(61)Share issuance proceeds (costs), net1,765 (540)— Other financing activities(3,992)(603)— Net cash provided by (used in) financing activities$(244,648)$(618,260)$(290,348)Net increase (decrease) in cash and cash equivalents$(30,269)$6,930 $(3,806)Cash, cash equivalents and restricted cash, beginning of period (1)54,579 47,649 51,455 Cash, cash equivalents and restricted cash, end of period (2)$24,310 $54,579 $47,649 

(1)Includes Restricted Cash of $26,572, $20,867 and $19,701 as of December 31, 2023, 2022 and 2021, respectively.

(2)Includes Restricted Cash of $17,059, $26,572 and $20,867 as of December 31, 2024, 2023 and 2022, respectively