February 23, 2026
Weil is advising Veris Residential, Inc., a forward-thinking, Northeast-focused, Class A multifamily REIT, in its definitive merger agreement to be acquired by an investor consortium led by Affinius Capital in partnership with Vista Hill Partners, in an all-cash transaction for $19.00 per share of Veris common stock, representing an implied enterprise value of $3.4 billion.
The Transaction has been unanimously approved by Veris’ Board of Directors and is expected to close in the second quarter of 2026, subject to approval by Veris’ shareholders and other customary closing conditions.
The Weil team is led by Mergers & Acquisitions partner Michael J. Aiello and Mergers & Acquisitions Co-Head Matthew Gilroy and includes Mergers & Acquisitions counsel Brandon Nesfield and associates Eileen Creaser, David Rudolph, Rae Kong and Ryan D’Arco (Not Yet Admitted in New York); Real Estate Co-Head Jannelle Seales and associates Doug Illsley and Karen Luo; Banking & Finance partner Thomas Mastoras and associates Richard Kenny, Xiaoyu Huang (Not Yet Admitted in New York) and Jack Baath (Not Yet Admitted in New York); Executive Compensation & Benefits partner Victoria Rosamond and associate Nate Gross; Tax partner Devon Bodoh and associates Carlos Parra and Ricardo Fernandez; Employment partner Xander Tabloff and associate Kate Belsito; Technology & IP Transactions partner Dennis Adams and associates Alexis Bello and Nupur Sachdev (Not Yet Admitted in New York); U.S. Privacy & Cybersecurity Head Olivia Greer and associates David Merck and Kristen Pavlounis; Environmental partner Seth Kerschner and associate Caleb Holland; Antitrust partner Kristin Sanford, counsel Carla Hine and associate Jordan Fason; and Regulatory partner Antonia Tzinova and associate Sisi Liu.