VIRGINIA BEACH, Va., March  31, 2026  (GLOBE NEWSWIRE) -- AH Realty Trust (NYSE:AHRT) (&#34;AHRT&#34;), formerly Armada Hoffler, today announced it has completed a sale of two multifamily notes previously held within AH Realty

AHRT

AH Realty Trust Advances Strategic Transformation Through Sale of Two Multifamily Real Estate Financing Investments

AH Realty Trust Sells $63 Million in Multifamily Notes

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  <section data-block="information">
    <h3>Information</h3>
    <p>VIRGINIA BEACH, Va., March  31, 2026  (GLOBE NEWSWIRE) -- AH Realty Trust (NYSE:AHRT) (&amp;#34;AHRT&amp;#34;), formerly Armada Hoffler, today announced it has completed a sale of two multifamily notes previously held within AH Realty</p>
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  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>AH Realty Trust (AHRT) sold multifamily notes for $63 million, aiming to strengthen its balance sheet and support share buybacks. This transaction marks a key step in its strategic shift to focus on core retail and office assets, enhancing long-term value for shareholders.</p>
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  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>AHRT sold two multifamily notes for $63 million.</li><li>Proceeds will reduce debt and support stock repurchase.</li><li>AHRT focuses on core retail and office assets post-divestment.</li><li>Company repurchased 3.6 million shares at $5.72 per share.</li><li>This transaction signals strategic transformation and simplification.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>AH Realty Trust (AHRT)</strong>: Retaining focus on core assets enhances potential for future growth.</li></ul>
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  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>The news falls under &#039;Corporate Developments&#039; as it involves strategic asset sales. This aligns with AHRT&#039;s broader goals of simplification and focus on profitable sectors.</p>
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  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>The $63 million sale will improve AHRT&#039;s debt profile significantly.</li><li>Ongoing share repurchases could support stock price in the near term.</li><li>Shift towards core assets likely to improve investor sentiment.</li><li>Successful divestment strategy may lead to enhanced future earnings.</li></ul>
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  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>AHRT completed sale of notes for $63 million.</li><li>Recent share repurchase totaled $22 million for 3.6 million shares.</li><li>Company&#039;s focus shifted to retail and office assets.</li><li>Transaction executed on March 31, 2026.</li><li>AHRT aims to reduce leverage through strategic sales.</li></ul>
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  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>AHRT is positioned for growth, expecting stock appreciation in the next 12 months.</p>
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<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p>VIRGINIA BEACH, Va., March  31, 2026  (GLOBE NEWSWIRE) -- AH Realty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/AHRT">AHRT</a>) ("AHRT"), formerly Armada Hoffler, today announced it has completed a sale of two multifamily notes previously held within AH Realty Trust's real estate financing platform, for an aggregate purchase price of $63 million. Under the agreement, the buyer has acquired the Company's investment in Solis North Creek and Solis Peachtree.</p>    <p>This transaction represents AH Realty Trust's continued progress in the Company's exit from its real estate financing program and the simplification of the Company's platform as part of its strategic transformation to create long-term shareholder value. AH Realty Trust intends to use proceeds from the transaction to pay down debt, further strengthening the balance sheet, and support its share repurchase program.</p>    <p>"This transaction reflects the disciplined and successful execution of our strategic plan and the continued simplification of our platform," said Shawn Tibbetts, Chairman, President and Chief Executive Officer of AH Realty Trust. "By divesting our non-core assets, including our multifamily and real estate financing platforms, we are reducing leverage and sharpening our focus on our core retail and office portfolios where we have the greatest opportunities to generate strong returns for investors."</p>    <p>Additionally, the Company announced recent capital markets activity, including the repurchase of approximately 3.6 million shares at a price of $5.72 per share, totaling $22 million. These actions reflect the Company's disciplined approach to capital allocation and its ongoing commitment to returning capital to and driving long‑term value for shareholders.</p>    <p><strong>About AH Realty Trust</strong></p>    <p>AH Realty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/AHRT">AHRT</a>), formerly known as Armada Hoffler, is a real estate investment trust ("REIT") with over four decades of experience. The Company owns and operates high-quality retail and office assets located primarily in the Mid-Atlantic and Southeastern United States. AH Realty Trust focuses on disciplined capital allocation and long-term value creation for shareholders. For more information visit <strong>AHRealtyTrust.com</strong>.</p>    <p><strong>Contact:</strong><br></br>Chelsea Forrest<br></br>AH Realty Trust<br></br>EVP of Investor Relations and Administration<br></br>Email: <a href="https://www.globenewswire.com/Tracker?data=54HAXA8LPNbiGM-adivnXRR9vW1JrMkxV1V4ylFG3ap5JjvecYJuCXNwRtoyv9yxKfC-mn10pkXgokaWdisdqiy5V4M2Nbm9wb1Sa0HmYMolO0eBV_MIuKkFexSP1anex99kvZ39cJYAM-dzAPr91Q==" rel="nofollow" target="_blank">chelsea.forrest@ahrealtytrust.com</a> <br></br>Phone: (757) 366-4000</p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTY4MTE1MCM3NTExMzM2IzIwMTA5NTE="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/NzNmZTVhYjgtNTczMy00MWZkLWFlZDUtNjIxZWEyMzcxMjNmLTEwMjI1MjQtMjAyNi0wMy0zMS1lbg==/tiny/AH-Realty-Trust.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/58ac8317-3af7-466e-89ce-cf193469ccb6"><img src="https://ml.globenewswire.com/media/58ac8317-3af7-466e-89ce-cf193469ccb6/small/ahrt-rgb-stacked-full-color-300-digital-jpg.jpg" border="0" width="150" height="88" alt="Primary Logo"></img></a></p>

AH Realty Trust (AHRT) sold multifamily notes for $63 million, aiming to strengthen its balance sheet and support share buybacks. This transaction marks a key step in its strategic shift to focus on core retail and office assets, enhancing long-term value for shareholders.

AH Realty Trust Advances Strategic Transformation Through Sale of Two Multifamily Real Estate Financing Investments

AI Summary

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Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

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