Eric E. Apperson
On May 23, 2025 (the “Resignation Date”), Eric E. Apperson, the former President of Construction of Armada Hoffler Properties, Inc. (the “Company”), resigned from his position as President of Construction of the Company.
Highest-materiality recent filing
AH Realty Trust boosts share repurchase authorization to $100M
Board authorized $50M increase, bringing total capacity to $100M.
GAAP net loss of $33.3M ($0.33/diluted) vs $7.2M loss ($0.07) in Q1 2025; FFO As Adjusted of $0.15/diluted.
AH Realty Trust signs binding agreement to sell 11 multifamily properties to Harbor Group for $562M
11 multifamily assets sold for $562M cash; $15M nonrefundable deposit due at signing.
AH Realty Trust appoints KPMG as auditor, dismisses EY effective Feb 27, 2026
KPMG appointed and EY dismissed as independent auditor effective February 27, 2026.
Armada Hoffler Properties to rebrand as AH Realty Trust effective March 2, 2026
Board approved name change from Armada Hoffler Properties, Inc. to AH Realty Trust, Inc., effective March 2, 2026.
Armada Hoffler Q4 2025 net loss $0.01/share vs net income $0.26 a year ago; Normalized FFO $0.29
GAAP net loss $1.0M (($0.01)/share) in Q4 2025 vs net income $26.1M ($0.26/share) in Q4 2024.
Armada Hoffler grants $2.5M retention LTIP units to two execs, adopts bonus equity program
Retention awards of $1.5M to CEO Tibbetts and $1.0M to CFO Barnes-Smith, vesting over 3 years plus 1-year holding period.
Armada Hoffler Q3 GAAP net loss $0.04/sh, normalized FFO $0.29/sh, guidance unchanged
Net loss attributable to common and OP unitholders of $3.6M ($0.04 diluted) vs loss of $10.4M ($0.11) in Q3 2024.
Armada Hoffler appoints CEO Shawn Tibbetts as Chairman effective Jan 1, 2026
Shawn J. Tibbetts becomes Chairman of the Board while continuing as CEO and President.
Q2 2025 GAAP net income $0.04/diluted; Normalized FFO $0.25, guidance maintained
Net income $3.9M ($0.04/sh) vs $0.4M a year ago; FFO $0.19/sh, down from $0.25/sh.
Armada Hoffler closes $115M private placement of senior unsecured notes in three tranches
Issued $115M senior unsecured notes: $25M Series A (5.57%, due 2028), $45M Series B (5.78%, due 2030), $45M Series C (6.09%, due 2032).
Armada Hoffler Properties appoints KPMG as auditor, dismisses EY after FY 2025 10-K filing
Audit Committee approved KPMG as independent auditor for fiscal year 2026, effective after 2025 10-K filing.
Armada Hoffler approves performance LTIP grants to CEO, CFO; targets tied to TSR and TEV
CEO Shawn Tibbetts receives $7.5M in Performance LTIP Units; CFO Matthew Barnes-Smith receives $3.0M; other management get $4.5M aggregate.
Armada Hoffler Properties corrects resignation date for President of Construction Apperson
Eric E. Apperson resigned as President of Construction effective May 23, 2025.
President of Construction Eric Apperson resigns; receives $1.32M severance, equity acceleration
Eric Apperson resigned as President of Construction effective May 21, 2025.
On May 23, 2025 (the “Resignation Date”), Eric E. Apperson, the former President of Construction of Armada Hoffler Properties, Inc. (the “Company”), resigned from his position as President of Construction of the Company.
On May 21, 2025 (the “Resignation Date”), Eric E. Apperson, the former President of Construction of Armada Hoffler Properties, Inc. (the “Company”), resigned from his position as President of Construction of the Company.
Max materiality 0.85 · Median 0.55 · Most common event other_material