---
schema_version: "secwatch.filing_event.v1"
accession: "0001569187-25-000049"
form_type: "8-K"
ticker: "AHRT"
cik: "0001569187"
company_name: "AH Realty Trust, Inc."
filed_at: "2025-03-24T23:59:59+00:00"
generated_at: "2026-05-24T06:33:05.713247+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Armada Hoffler provides 2025 normalized FFO guidance of $1.00-$1.10 per share; sees property NOI $171-176M

## Summary
- 2025 normalized FFO per diluted share guided at $1.00-$1.10; includes impact of T. Rowe Price and Allied deliveries in Q1 2025.
- Property portfolio NOI forecast $171.2M-$175.8M; construction segment profit $6.8M-$8.6M.
- Stabilized portfolio occupancy 96%; same-store NOI growth of 3.6% in Q4 2024.
- Development pipeline expected to add ~$4.5M NOI by end of 2025; Chandler Residences 95% leased as of March 22.
- Balance sheet target net debt/adj. EBITDAre 5.5x-6.5x; current 7.2x (elevated due to development self-funding).

## SEC filing metadata
- accession: 0001569187-25-000049
- form_type: 8-K
- ticker: AHRT
- cik: 0001569187
- company_name: AH Realty Trust, Inc.
- filed_at: 2025-03-24T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1569187/000156918725000049/0001569187-25-000049-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1569187/000156918725000049/ahh-20250324.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001569187-25-000049
- JSON: https://secwatch.observer/filing/0001569187-25-000049.json
- Plain text: https://secwatch.observer/filing/0001569187-25-000049.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.