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Veris sells North Jersey apartment complex for $85 million

REIT looks to pay down $200 million loan
Signature Place in Morris Plains, New Jersey, has 197 apartment units. (CBRE)
Signature Place in Morris Plains, New Jersey, has 197 apartment units. (CBRE)
CoStar News
July 11, 2025 | 9:24 P.M.

Veris Residential has sold an apartment complex in Morris County, New Jersey, for $85 million, which will be used to pay down a $200 million loan.

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