Kushner Companies LLC on January 19, 2023 denied informing Veris Residential, Inc. (NYSE:VRE) it was not interested in pursuing an acquisition of the multifamily rental property developer. Real estate investment trust (REIT) Veris said on January 18, 2023 Kushner Cos had ended talks to acquire it, after months of chasing the company with sweetened buyout offers. Veris had said it had spoken with Kushner Cos in recent weeks and a non-disclosure agreement (NDA) was meant to be signed, but the latter backed out.

An NDA is a document exchanged between a prospective buyer and a seller in the early stages of an M&A transaction. Veris on January 19, 2023 reiterated its position that it "remained open to Kushner Cos' execution of the NDA, to which both parties previously agreed" .