m_and_a
confidence high
sentiment positive
materiality 0.85
AH Realty Trust signs binding agreement to sell 11 multifamily properties to Harbor Group for $562M
AH Realty Trust, Inc.
- 11 multifamily assets sold for $562M cash; $15M nonrefundable deposit due at signing.
- Proceeds to be used for debt reduction; target leverage 5.5x–6.5x net debt/EBITDA.
- Transaction expected to close mid-2026; no financing contingency for buyer.
- Three multifamily assets retained or to be marketed: Smith's Landing, Everly, Solis Gainesville.
- Company also in advanced negotiations to sell two real estate financing investments for ~$63M.
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