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What happened, and who moved.

Two major multifamily REITs have completed shareholder approval of a merger transaction combining their portfolios.

Stockbridge Capital Group purchased a luxury multifamily property in San Francisco's Potrero Hill neighborhood, marking one of the highest per-unit prices in the local market in recent years.

Veris Residential's $3.4 billion privatization transaction completed, representing the first multibillion-dollar entity-level deal to close since 2024.