RHO Residential Awarded Management of 6,000+-Unit Former Veris Residential Portfolio
Nearly Doubles Unit Count, Adds Boston Market Entry and Expands into Retail Assets
ROSELAND, N.J.— RHO Residential LLC has been selected by the new ownership group of the former Veris Residential portfolio to manage 15 multifamily properties totaling 6,000+ apartments across the Northeast, marking a significant expansion of its third-party management platform.
The assignment nearly doubles RHO Residential’s unit count to just under 12,000 apartments across 40 communities and 182,000+ square feet of retail, further strengthening its position among the region’s largest privately held third-party multifamily management providers. The newly added properties span New Jersey and the greater Boston metropolitan area, representing the company’s entry into the Boston market.
RHO Residential’s appointment follows the $3.5 billion acquisition of Veris Residential by an investor consortium led by Craig Solomon of Affinius Capital in partnership with Vista Hill Partners, a real estate investment and development group headed by Bradford Klatt and Jonathan Kushner.
“As we evaluated the long-term operating strategy for this portfolio, it became clear that RHO Residential offered a unique combination of institutional management expertise, operational depth and longstanding familiarity with these Class A properties,” said Brad Klatt. “Having worked with Brenda and her team over many years, we have a strong appreciation for their culture and consistency—particularly their commitment to investing in people across the organization. We believe RHO is exceptionally well positioned to guide these properties through this transition while building on the strong foundation already in place.”
A significant portion of the portfolio is concentrated in Jersey City, one of the region’s most established rental markets, where it includes seven properties totaling 3,783 units. Additional assets include Port Imperial, the $2 billion, 200-acre Hudson River waterfront neighborhood spanning Weehawken, West New York and Guttenberg. Management oversight also extends to the Riverwalk at Port Imperial retail component encompassing 90,900 square feet.
The engagement represents a full-circle moment for RHO Residential CEO and President Brenda Cioce, whose career has long been intertwined with many of the communities now coming under the firm’s oversight.
Cioce joined Roseland Property Management in 1998, where she later served as President of Property Management, a role she continued following the company’s acquisition by Mack-Cali Realty Corporation in 2012, which later became Veris Residential, Inc. In 2019, she founded RHO Residential LLC with a focus on institutional-quality operations, leadership development and the resident experience.
The transition will also reunite many long-time colleagues who previously worked together at Roseland Property Management and Mack-Cali. RHO is onboarding 136 former Veris employees across onsite, regional and corporate functions, increasing its total workforce to 250.
“Many of the communities—and the people who support them—have been central to my career for nearly three decades,” said Brenda Cioce. “Having worked across much of this portfolio and alongside a large number of the professionals now returning, there’s a strong sense of familiarity and alignment. Reuniting this talent at scale creates a real opportunity to raise the bar. We’re grateful for the trust Affinius and Vista Hill has placed in us and ready to build on what’s already been established.”
About RHO Residential
RHO Residential is a full-service real estate management firm specializing in luxury multifamily communities throughout the Northeast. Founded in 2019, the company has established itself as a premier management platform recognized for its operational sophistication and people-centric approach.
RHO oversees a portfolio of Class-A apartment communities across New Jersey, New York, and Massachusetts, providing comprehensive property management services including operations, leasing, marketing, maintenance, resident engagement, and asset optimization.
The company works closely with ownership groups, development teams, and onsite associates to maximize asset performance while fostering strong community engagement. With a focus on customer experience, operational excellence, and long-term value creation, RHO Residential continues to define a modern approach to multifamily management.
More information is available at www.rhoresidential.com.