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Stock impact report

Rockpoint Acquires The Morgan Provost Square in Jersey City [Yahoo! Finance]

Veris Residential, Inc. (VRE) 
Company Research Source: Yahoo! Finance
BOSTON Oct. 14, 2025 /PRNewswire/ -- Rockpoint, a Boston-based real estate private equity firm, today announced the acquisition of The Morgan Provost Square ("The Morgan"), a Class A apartment community located in the Waterfront submarket of Jersey City, New Jersey. Financial terms of the transaction were not disclosed. Rockpoint Group, L.L.C. (PRNewsfoto/Rockpoint Group, L.L.C.) The Morgan includes 417 multifamily units, 372 covered parking spaces and approximately 12,700 square feet of fully leased ground floor retail space across five suites. Rockhill Management ("Rockhill"), Rockpoint's dedicated property services affiliate, will manage the property and oversee significant upgrades intended to further elevate the resident experience. "The Morgan Provost Square is a terrific addition to our multifamily portfolio," said Dan Domb, Managing Member and COO at Rockpoint. "Rockpoint's deep familiarity with Jersey City and the broader Hudson waterfront, combined with our vision for Show less Read more
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