Highest-materiality recent filing
AH Realty Trust closes $485M sale of nine multifamily properties, pays down debt
Closed sale of nine multifamily properties to Harbor Group International for $485M; two more under contract for $77M.
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.
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 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.
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 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 Q1 2025: GAAP net loss $0.07/share; Normalized FFO $0.25; maintains FY guidance
Net loss of $7.2M ($0.07/diluted) vs net income of $14.8M ($0.17) in Q1 2024.
Armada Hoffler to acquire full ownership of Harbor Point Parcel 4 JV for ~$17.8M and new $90M loan
Armada Partner exercises option to buy 13% of Beatty's JV interest for $14.3M; proceeds repay $13.6M of Beatty-affiliate loans.
2025 normalized FFO per diluted share guided at $1.00-$1.10; includes impact of T. Rowe Price and Allied deliveries in Q1 2025.
Armada Hoffler Q4 Normalized FFO $0.27; issues 2025 guidance of $1.00-$1.10, down from $1.29
Q4 2024 GAAP net income $26.1M ($0.26/diluted share), vs Q4 2023 net loss of $23.9M ($0.27 loss).
Lou Haddad resigns as CEO effective Dec 31, 2024, remains Executive Chairman through 2025 annual meeting.
Armada Hoffler Q3 2024: GAAP net loss of $10.4M, normalized FFO $0.35, narrows FY guidance
GAAP net loss of $10.4M ($0.11/diluted share) vs net income of $5.3M in Q3 2023.
Armada Hoffler closes 10.35M share offering at $10.50; directors participate
Sold 9M shares at $10.50 plus exercise of 1.35M over-allotment, raising ~$108.7M.
Armada Hoffler Q2 GAAP net income $0.4M, Normalized FFO $0.34/share; maintains 2024 guidance
GAAP net income $0.4M ($0.00/diluted) vs $11.7M ($0.13) in Q2 2023; Normalized FFO $0.34/diluted share.
Armada Hoffler Q1 net income $0.17/diluted; normalized FFO $0.33; reaffirms FY2024 guidance
Net income $14.8M ($0.17/diluted) vs $2.4M ($0.03) YoY; Normalized FFO $0.33/diluted.
Armada Hoffler Q4 net loss $0.27/sh; normalized FFO $0.31; dividend +5%
Net loss $0.27/diluted share in Q4, full year $0.05; net loss attributable $23.9M in Q4.
Shawn Tibbetts appointed President of Armada Hoffler; CEO Haddad to retire spring 2025
Louis Haddad resigns as President but remains CEO and Board member; Shawn Tibbetts (COO) appointed President effective immediately.
Armada Hoffler Q3 net income $0.06/diluted; normalized FFO $0.31, in-line guidance
Net income $5.3M ($0.06/diluted) vs $33.9M ($0.38/diluted) Q3 2022.
Armada Hoffler Q2 net income $0.13/sh; FFO $0.35/sh; maintains FY guidance
Net income $11.7M ($0.13/sh) vs $27.8M ($0.31/sh) in Q2 2022; FFO $31.4M ($0.35/sh) vs $27.0M ($0.31/sh).
Armada Hoffler Q1 normalized FFO $0.30, dividend raised 3%, acquires The Interlock in Atlanta
Net income of $0.03 diluted EPS vs $0.11 Q1 2022; Normalized FFO $0.30 diluted vs $0.31 last year.
Armada Hoffler buys Atlanta mixed-use The Interlock for $215M; accretive off-market deal
Acquisition price $215M; 6.5% cash cap rate, 8.0% GAAP cap rate; immediately accretive.
Armada Hoffler Q4 EPS $0.13, Normalized FFO $1.22 FY2022; guides 2023 $1.23-$1.27
Net income $0.13/diluted share for Q4 2022 vs. <$0.01 in Q4 2021.
Armada Hoffler Q3 net income $0.38/diluted share; raises 2022 FFO guidance to $1.18-$1.20
Net income $33.9M ($0.38/diluted) vs $4.9M ($0.06) YoY; Normalized FFO $0.29/diluted share.
Armada Hoffler secures $250M revolver and $300M term loan, refinancing prior facilities
New $250M unsecured revolver matures Jan 2027 (two 6-month extensions); $300M term loan matures Jan 2028.
Armada Hoffler Q2 net income $0.31/diluted, Normalized FFO $0.30, raises guidance, dividend up 12%
Net income of $27.8M ($0.31/diluted) vs $5.6M ($0.07) in Q2 2021.
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.
On February 26, 2025, the Board of Directors (the “Board”) of Armada Hoffler Properties, Inc. (the “Company”) increased the size of the Board from 10 directors to 11 directors and appointed Jennifer R. Boykin as an independent director, effective March 1, 2025
On February 26, 2025, A. Russell Kirk informed the Board of his decision not to stand for re-election as a member of the Board at the 2025 Annual Meeting.
the Board approved an automatic reduction of the size of the Board to nine directors upon Mr. Kirk’s retirement from the Board and the expiration of Eva S. Hardy’s term as a director
Louis S. Haddad informed Armada Hoffler Properties, Inc. (the “Company”) of his decision to resign from his position as Chief Executive Officer of the Company (“Chief Executive Officer”), effective December 31, 2024.
the Board appointed Mr. Tibbetts, the Company’s President and Chief Operating Officer, to the position of Chief Executive Officer effective January 1, 2025.
On March 22, 2024, the Board of Directors (the “Board”) of Armada Hoffler Properties, Inc. (the “Company”) increased the size of the Board from nine directors to ten directors and appointed F. Blair Wimbush as an independent director, effective immediately, to fill the vacancy created by the increase in the number of directors.
On February 29, 2024, John W. Snow informed the board of directors (the “Board”) of Armada Hoffler Properties, Inc. (the “Company”) of his decision not to stand for re-election as a member of the Board at the upcoming 2024 annual meeting of stockholders of the Company (the “2024 Annual Meeting”).
Louis S. Haddad informed the board of directors (the “Board”) of Armada Hoffler Properties, Inc. (the “Company”) of his decision to resign from his position as President, effective immediately.
the Board appointed Shawn J. Tibbetts to the position of President, in addition to his current position as the Chief Operating Officer of the Company.
On July 13, 2022, the Board of Directors (the “Board”) of Armada Hoffler Properties, Inc. (the “Company”) increased the size of the Board from eight directors to nine directors and appointed Dennis H. Gartman as an independent director, effective immediately, to fill the vacancy created by the increase in the number of directors.
Max materiality 0.85 · Median 0.60 · Most common event earnings