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Morristown Media®️ on Instagram: "Veris Residential has sold Signature Place, a 197-unit Class A multifamily property in Morris Plains, for $85 million as part of its 2025 debt-reduction strategy 📉. CBRE advised on the deal, with Berkshire as the buyer 📝. The luxury complex was 97% leased and sits just 4 minutes from Morristown 🏙️. Veris used $80 million from the sale to reduce its term loan 💳. The deal aligns with a newly amended $500M credit facility, which lowers collateral requirements a
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