Armada Hoffler Hits Reset to Focus on Retail, Office Portfolio
Armada Hoffler (NYSE: AHH) is undergoing a strategic realignment to focus on its retail and office properties, exiting its multifamily, construction, and real estate financing platform businesses. The company, set to rebrand as AH Realty Trust, Inc. (NYSE: AHRT), aims to decrease leverage and unlock shareholder value by concentrating on its core competencies, particularly grocery-anchored retail and strip centers. Shawn Tibbetts, Chairman, President, and CEO, emphasized the move towards a more focused, streamlined, and data-driven approach, including a "surgical approach" to development through joint ventures, to ensure long-term growth and shareholder value.
News | Armada Hoffler moves to shed multifamily portfolio, rebrand as AH Realty Trust
Armada Hoffler Properties is undergoing a major strategic shift, rebranding as AH Realty Trust and divesting its multifamily portfolio and construction arm. This repositioning aims to focus on its retail and office core, reduce its $1.5 billion debt, and generate more predictable cash flows, with significant asset sales anticipated in 2026. The company intends to use sale proceeds for debt reduction and has budgeted $50 million for retail acquisitions in its target markets.
Armada Hoffler Properties: Q4 Normalized FFO rose year-over-year despite a GAAP net loss, with strong portfolio occupancy
Armada Hoffler Properties reported an increase in Normalized FFO year-over-year for Q4 2025, despite experiencing a GAAP net loss. The company demonstrated strong occupancy and positive renewal spreads across all segments, though full-year FFO and Normalized FFO saw a decline compared to 2024. Debt for the company remains largely fixed or hedged.
Armada Hoffler Properties, Inc. announces a change to its common stock trading symbol on the New York Stock Exchange
Armada Hoffler Properties, Inc. has announced a change in its common stock trading symbol on the New York Stock Exchange from "AHH" to "AHRT". This change affects only the trading code, with the company name remaining unchanged. The announcement was made by 老虎证券 on February 16, 2026, at 21:57.
Armada Hoffler Unveils Bold New Strategic Direction to Drive Long-Term Shareholder Value and Launches as AH Realty Trust
Armada Hoffler (NYSE: AHH) announced a major business restructuring, renaming itself AH Realty Trust (NYSE: AHRT) effective March 2, 2026. This transformation involves exiting the multifamily property sector, divesting its construction and real estate financing businesses, and focusing on retail and office properties to reduce leverage and drive long-term shareholder value. The company aims for a leaner, more disciplined operating model, with proceeds from asset sales directed towards debt reduction and a new executive compensation structure aligning with shareholder returns.
Real estate trust exits multifamily, rebrands as AH Realty Trust
Armada Hoffler (NYSE: AHH) is rebranding to AH Realty Trust (AHRT) effective March 2, 2026, and is undertaking a major strategic shift by exiting the multifamily sector, divesting its construction and financing platforms, and refocusing on retail and office properties. The company plans to sell 11 of its 14 multifamily assets, using the proceeds for debt reduction to achieve a target of 5.5x–6.5x net debt/adjusted EBITDA. This transformation also includes leadership changes, a rightsized dividend, and a modernized executive compensation program aimed at long-term shareholder value creation.
ARMADA HOFFLER PROPERTIES Q4 2025 Earnings Preview: Recent $AHH Insider Trading, Hedge Fund Activity, and More
ARMADA HOFFLER PROPERTIES (AHH) is set to release its Q4 2025 earnings on February 16th, with analysts predicting revenue of $69.3 million and earnings of $0.04 per share. Recent activity includes insiders making two purchases of AHH stock, while hedge funds show mixed movements with some significantly reducing and others increasing their positions. Wall Street analysts currently have one "Sell" rating and a median price target of $7.25 for the stock.
Armada Hoffler Properties (NYSE:AHH) investors are sitting on a loss of 32% if they invested three years ago
Armada Hoffler Properties (NYSE:AHH) shareholders have experienced a 32% loss in total shareholder return over the last three years, significantly underperforming the broad market. While the company became profitable in the last five years and has increased revenue, its share price has fallen by 46% over three years and 28% in the last year. Insiders have been buying shares, and a healthy dividend has slightly mitigated losses compared to the direct share price drop.
Berman McAleer LLC Buys New Shares in Armada Hoffler Properties, Inc. $AHH
Berman McAleer LLC has acquired a new stake of 1,023,400 shares in Armada Hoffler Properties (AHH) valued at approximately $7.32 million, making it their 23rd largest holding. The real estate investment trust currently pays a quarterly dividend of $0.14, leading to an 8.0% yield and a high dividend payout ratio of 294.74%. Analyst ratings for AHH are mixed, with a consensus "Hold" rating and an average price target of $8.10, despite the company recently beating Q3 EPS estimates and setting optimistic FY2025 guidance.
Armada Hoffler Properties Announces Income Tax Treatment of Its 2025 Dividend Distributions
Armada Hoffler Properties, Inc. announced the income tax treatment for its 2025 dividend distributions for both common and preferred stock, as they will be reported on Form 1099-DIV. The company specified the percentages of total ordinary dividends, non-dividend distributions, and Section 199A dividends for common stock, and 100% ordinary and Section 199A dividends for preferred stock. Stockholders are advised to consult their personal tax advisors for specific tax treatment.
Armada Hoffler Properties, Inc. Announces Leadership Transition - TradingView
Armada Hoffler Properties, Inc. announced that Shawn J. Tibbetts will become Chairman of the Board, effective January 1, 2026, while continuing in his roles as CEO and President. This leadership change completes a succession plan initiated in 2024, aiming to enhance strategic execution and growth through unified leadership. Lou Haddad will step down as Chairman but remain on the Board, with the Board expressing confidence in Tibbetts' vision.
Armada Hoffler Reports Second Quarter 2024 Results
Armada Hoffler Properties (NYSE: AHH) reported its Q2 2024 results with Normalized FFO of $0.34 per diluted share, an increase from $0.32 in Q2 2023. Key highlights include improved office occupancy of 94.3% and positive renewal spreads across all segments. Despite a decrease in GAAP Net Income, the company maintained its 2024 full-year Normalized FFO guidance of $1.21 to $1.27 per diluted share, signaling confidence in its diversified portfolio and strategic investments.
Armada Hoffler’s Resilient Mixed-Use Strategy Positions REIT for Continued Growth
Armada Hoffler Properties CEO Lou Haddad discussed the REIT's consistent 95% occupancy rate, attributing it to a resilient mixed-use strategy. He highlighted a $600 million development program and the success of the Southern Post property in Roswell, Georgia. The company aims for continued growth and stability through strategic expansions and a diversified portfolio.
Armada Hoffler (AHH) Stock: Income Opportunity And Potential Upside
Armada Hoffler Properties (AHH) is presented as a mispriced REIT offering income growth and potential upside due to its well-covered dividend and solid 2023 financials. Despite higher-than-ideal leverage, the company plans to reduce it, and its mixed-use portfolio has contributed to a market mispricing compared to peers. The article highlights AHH's P/AFFO ratio of 8.3x as significantly lower than the sector median.
News | Hines Vice Chairman Retires After 45 Years at Firm, Empire State Realty Makes CFO Its President, Newmark Hires San Diego Biotech Broker
This article details several key personnel changes in the commercial real estate sector, including the retirement of Hines Vice Chairman Hasty Johnson after 45 years, Empire State Realty Trust promoting Christina Chiu to President, and Newmark hiring experienced life science broker John Hundley. Additionally, Armada Hoffler announced Shawn Tibbetts will become CEO in 2025, CBRE appointed Jessica Ostermick to lead its Colorado operations, and Berkadia expanded its hotels and hospitality group. Edge Realty Partners also promoted LeDonna Spongberg to principal.
Armada Hoffler’s Southern Post Transforms Outdated Strip Center into Vibrant, Mixed-Use Destination
Armada Hoffler Properties transformed the outdated Roswell Plaza shopping center in Roswell, Georgia, into Southern Post, a vibrant mixed-use development. This $126 million project includes offices, retail, luxury apartments, and townhomes, revitalizing the downtown area. Despite pandemic-related delays, the development is set to open in spring 2024 with strong preleasing for its office and retail spaces, aiming to become a key destination for living, working, and playing.
Armada Hoffler Partners to Transform Textile Mill and Revitalize a Historic Asset
Armada Hoffler Properties Inc. partnered with Centra Properties to transform the historic Chronicle Mill in Belmont, North Carolina, into a mixed-use development. This adaptive reuse project, which includes 244 apartments and retail space, preserved a vital community asset and addressed housing needs while overcoming significant development challenges during the pandemic. The project achieved stabilization within six months, demonstrating a successful model for urban revitalization and setting the stage for future adaptive reuse in the region.
News | Suburban Baltimore Apartments Sell in Quick Turnaround, Securing Top Price Before Market Decline
The Residences at Annapolis Junction, a 416-unit apartment complex, sold for $150 million, securing a top price just before a market decline. This quick turnaround sale earned a CoStar Impact Award for its timing and above-average price point of $360,577 per unit, significantly higher than the average for greater Baltimore. The transaction netted a $37.5 million price increase from its last sale in 2020 and demonstrated expert judgment in an unstable market.
Armada Hoffler CEO Says Investment Grade Rating “Many Years in the Making”
Armada Hoffler Properties, Inc. CEO Lou Haddad discusses the company's new BBB investment grade rating, which will provide access to the private placement bond market for longer-dated paper. He also highlights the strong performance of their office and mixed-use portfolios, with high occupancy rates and tenant interest in expansion, despite current market conditions. The company is in a "stay-the-course mode" with all buildings full and construction at an all-time high.
Town Center of Virginia Beach announces new tenants
The Town Center of Virginia Beach, owned by Armada Hoffler Properties, Inc., announced the addition of five new tenants: Legal Sea Foods, Bath & Body Works, Nando’s Chicken, Madewell, and Cinnaholic Bakery. These new businesses join recent additions like Nike and Three-Notch’d Brewing, bringing the retail space to 97% leased. The CEO emphasized the importance of attracting new retailers to the Hampton Roads region.
Two single-tenant North Carolina retail properties sell for $23.93M
JLL Capital Markets announced the $23.93 million sale of two single-tenant retail properties in Durham, North Carolina: a 120,000-square-foot Home Depot and a 148,663-square-foot Costco. Armada Hoffler Properties sold the properties to a New York-based buyer at a blended 4.0 percent cap rate. Both retailers operate under long-term absolute NNN ground leases in a high-visibility location near Duke University.
Armada Hoffler Completes $24 Million Retail Sale
Armada Hoffler (NYSE: AHH) announced the disposition of two single-tenant retail assets, leased to Costco and Home Depot in Durham, North Carolina, for $24 million. This transaction, completed on June 29, 2022, achieved a 4.0% exit capitalization rate, surpassing the company's 4.5% goal. The sale is part of a larger strategy to divest up to $200 million in noncore assets, providing cost-effective funding and minimizing earnings impact.
Details scant after Armada Hoffler files site plan revision for stalled Ten Tryon project in uptown
Armada Hoffler Properties Inc. has filed revised site plans for its stalled Ten Tryon mixed-use development in uptown Charlotte. The project, including 215,000 square feet of mixed-use space, was put on hold in March 2020. Details regarding the revisions remain scant.
As Armada Hoffler's Harbor Point stake hits $1B, CEO Louis Haddad says firm is committed to Baltimore
Armada Hoffler's CEO, Louis Haddad, reaffirms the firm's commitment to Baltimore as its investment in Harbor Point reaches $1 billion. The Virginia Beach-based company holds a majority stake in all Harbor Point developments through a partnership with Beatty Development Group. This significant investment highlights the company's bullish outlook on the Baltimore market.
Exelon tower at Harbor Point sells for $246M
Armada Hoffler has acquired a majority stake in the Exelon building at Harbor Point for $246 million. This purchase marks Armada Hoffler's fourth major building acquisition in the upscale Harbor Point development. The 23-story tower, which serves as the anchor of Harbor Point, originally cost $170 million to develop.
Work on $110 million Roswell mixed-use development finally set to begin
Work is finally set to begin on the $110 million Southern Post mixed-use development in downtown Roswell by the end of the year. Developed by Armada Hoffler Properties Inc., the project will feature luxury apartments, townhomes, office space, retail, and structured parking, designed to blend with Roswell's historic district while offering modern elements. This development comes after Southern Post has been in the works for years, with Armada Hoffler acquiring full interest in 2020.
Wealth management firm is the latest company to leave downtown for Harbor Point
RBC Wealth Management is the latest company to relocate from downtown Baltimore to Harbor Point, continuing a trend of businesses moving to the mixed-use development. This move highlights an ongoing migration of companies away from the central business district. The 330,000-square-foot development at Harbor Point continues to attract new tenants.
Harrisonburg Regal Movie Theatre to close permanently
The Regal Movie Theatre in Harrisonburg is closing permanently due to its landlord, Armada Hoffler Properties, INC., reclaiming the site for redevelopment. This decision follows Regal Cinemas' default on their lease and a broader indefinite suspension of operations by Regal Cinemas nationwide due to a lack of new blockbuster movie releases. The landlord plans to redevelop the 10-acre site into a mixed-use development with a major multifamily component.
Armada Hoffler, Terwilliger Pappas plan $52M Gainesville apartment project
Armada Hoffler and Terwilliger Pappas are planning a $52 million apartment project in Gainesville. This development is part of the Gainesville City Center project. Armada Hoffler has other significant projects in the metro Atlanta area, including Southern Post in Roswell and The Interlock in West Midtown.
Armada Hoffler Properties Secures Entertainment Tenant in Virginia Beach
Armada Hoffler Properties has secured an entertainment tenant for a property in Virginia Beach. The article highlights development and leasing trends in the Southeast.
Dick’s Sporting Goods in Town Center to be replaced with interactive entertainment center
The Dick’s Sporting Goods store in Virginia Beach’s Town Center will be replaced by an interactive entertainment center called Apex Entertainment in 2020. Apex Entertainment will occupy the 84,000 square feet formerly held by Dick's, offering attractions such as bowling, sports simulators, virtual reality, ropes courses, and go-karting. This move is seen by Armada Hoffler Properties as further proof of Town Center's standing as a premier mixed-use destination.
Northam Adds Two, Reappoints Two to Board of Visitors
Virginia Governor Ralph Northam appointed Louis S. Haddad and Angela Hucles Mangano to the University of Virginia Board of Visitors, while reappointing Whittington W. Clement and James V. Reyes. UVA President Jim Ryan welcomed the new perspectives and experience these individuals bring to an already strong board. Clement was also elected to a two-year term as vice rector.
Armada Hoffler takes controlling stake in Harbor Point apartment tower
Armada Hoffler has acquired a controlling stake in the 1405 Point apartment tower located in Harbor Point. The 17-story building, which opened in spring 2018, is a significant property in the Baltimore real estate market. This move indicates Armada Hoffler's increased presence and investment in Harbor Point.
TASTE opening in Virginia Beach's Town Center
TASTE, a Virginia Beach-based specialty foods market and upscale cafe, is opening its ninth Coastal Virginia location in Town Center. The new 4,600 square foot store is planned to open before the end of 2019, offering a variety of food items, wines, beers, and catering services. TASTE's president emphasizes the strategic importance of this location within the thriving business and cultural center of Virginia Beach.
Armada Hoffler Transforms Vacant Land Into Business Hub in Virginia Beach
Armada Hoffler Properties, Inc. has spent 19 years collaborating with the city of Virginia Beach to transform vacant land into a thriving cultural and business hub known as Virginia Beach Town Center. This multi-decade development is now in its Phase VI, featuring new retail, residential units, and an elevated public plaza. The project has successfully created a vibrant mixed-use central business district, attracting employers and fostering a strong sense of community.
Armada Hoffler Properties to invest in West Midtown's Interlock development
Armada Hoffler Properties is set to invest in West Midtown's Interlock development in Atlanta. The company anticipates the project will be approximately 60 percent pre-leased before construction begins, including a significant 50,000 square foot office lease with Georgia Tech.
Is law firm Baker Donelson headed to Mainland's One KVB office tower?
Nashville-based The Mainland Cos. unveiled new renderings for its 30-story One KVB office tower, where law firm Baker Donelson is considered a potential tenant. This project will be the first high-rise commercial office development on the west side of Nashville’s south of Broadway district, featuring 475,000 square feet of office space and 25,000 square feet of retail. While Armada Hoffler Properties Inc. is no longer involved, Lincoln Property Co. is rumored to be a financial backer.
New residential tower coming to Town Center in Virginia Beach
Armada Hoffler Properties, Inc. announced the start of construction for a new $35 million mixed-use development in Virginia Beach's Town Center. This project will include retail and restaurant space, 120 luxury apartment homes, a performing arts theater, and a public plaza, with an anticipated completion in spring 2018. Two national retailers have already committed to space in the future residential tower.
Armada Hoffler majority partner in $45 million multifamily project
Armada Hoffler purchased several tracts of land and partnered with Southern Apartment Group, an affiliate of CitiSculpt, to develop and own a $45 million apartment project on Harding Place. The plan includes a 66,960-square-foot office building and apartments at the intersection of Harding Place and Kenilworth Avenue.
Nashville Kroger-anchored retail center sold for $9M
Cincinnati-based Phillips Edison & Co. purchased the Willowbrook Commons shopping center in South Nashville for just over $9 million. This Kroger-anchored retail center marks Phillips Edison's second property in Nashville, adding to their portfolio of grocery-anchored shopping centers. The acquisition includes tenants such as Fifth Third Bank, TLC Liquors & Wine, Dennis School Uniforms, Radio Shack, and Sally Beauty Supply.
Here's what the 12-story student apartment building at Johns Hopkins' Homewood campus will look like
A new 12-story student apartment building is planned for Johns Hopkins' Homewood campus, located at the corner of St. Paul and 33rd Street. Developed by Beatty Development Group LLC and Armada Hoffler Properties Inc., the project is expected to begin in April 2015 and will include 31,500 square feet of commercial space. A first look at the design has been released.
