M&A
confidence high
sentiment positive
materiality 0.85
AH Realty Trust closes $485M sale of nine multifamily properties, pays down debt
AH Realty Trust, Inc.
- Closed sale of nine multifamily properties to Harbor Group International for $485M; two more under contract for $77M.
- Approximately $465M of proceeds used to repay mortgages and revolver borrowings.
- Company targets 5.5x-6.5x net debt/EBITDA leverage; retained Smith's Landing and actively marketing The Everly and Solis Gainesville.
- Expects Greenside closing by end-2026 ($50M) and Premier closing by mid-2027 ($27M).
- Pro forma net debt reduced by ~$460M; pro forma total assets ~$2.03B as of March 31, 2026.
Featured in Daily 8-K Digest
Selected #4 for 2026-05-22.
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