Armada Hoffler Properties(AHH)

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Armada Hoffler Announces Morningstar Upgrades Outlook to Stable and Confirms BBB Credit Rating
GlobeNewswire· 2025-01-10 11:00
Company Overview - Armada Hoffler is a vertically integrated, self-managed real estate investment trust (REIT) with over four decades of experience in developing, building, acquiring, and managing high-quality office, retail, and multifamily properties primarily in the Mid-Atlantic and Southeastern United States [2] - The company also provides general construction and development services to third-party clients and develops properties for its stabilized portfolio [2] - Founded in 1979 by Daniel A Hoffler, Armada Hoffler has elected to be taxed as a REIT for US federal income tax purposes [2] Credit Rating and Outlook - Morningstar upgraded Armada Hoffler's outlook to stable and confirmed its BBB credit rating, reflecting the company's improving leverage profile and diversified real estate portfolio [1][3] - The stable trend is supported by the completion and delivery of Allied, a mixed-use development in Baltimore, which includes 312 multifamily units, retail space, and a parking garage [1] - Allied is expected to be completed in Q1 2025 and stabilized by Q3 2026, becoming a top asset in the portfolio by net operating income (NOI) contribution and enhancing geographical and asset type diversification [1] Financial and Operational Highlights - The improving leverage profile is largely due to a $103 5 million net proceed equity raise in September 2024, with funds used to repay debt [1] - The enhanced business risk assessment factor allows greater financial flexibility within the respective credit rating category [1]
Armada Hoffler Completes Successful Disposition of South Carolina Retail Assets
GlobeNewswire· 2025-01-06 21:15
Company closes sales of Nexton Square and Market at Mill Creek at blended 20% profit over costVIRGINIA BEACH, Va., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE: AHH) completed a successful exit from two retail real estate assets in South Carolina. The Company closed the sales of Nexton Square in Summerville, South Carolina and Market at The Mill Creek in Mount Pleasant, South Carolina on December 18, 2024. Both properties were sold to the same undisclosed buyer for $82 million. Armada Hoffler capi ...
Armada Hoffler Correction to Record Date for Preferred Stock Quarterly Dividend
GlobeNewswire· 2024-12-18 22:06
VIRGINIA BEACH, Va., Dec. 18, 2024 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE: AHH) announced that its press release issued under the headline “Armada Hoffler Announces Quarterly Dividend” on December 13, 2024 was changed only to correct the record date for the cash dividend on its 6.75% Series A Cumulative Redeemable Perpetual Preferred Stock. The record date for the cash dividend on Armada Hoffler’s 6.75% Series A Cumulative Redeemable Perpetual Preferred Stock is January 2, 2025, rather than December 31, 2 ...
If I Could Only Buy 3 REITs In December 2024
Seeking Alpha· 2024-12-05 12:05
This is due in part to the fact that long-term interest rates have risen, driven by concernsWhile many sectors have soared in recent months, real estate investment trusts (REITs)( VNQ ) have, by and large, not been one of them.If you want access to our Portfolios that have crushed the market since inception and all our current Top Picks, join us for a 2-week free trial at High Yield Investor.We are the fastest growing high yield-seeking investment service on Seeking Alpha with a perfect 5/5 rating from 180 ...
Armada Hoffler: Resilient 7.4% Yield With Upside Potential
Seeking Alpha· 2024-11-19 13:00
iREIT+HOYA Capital is the premier income-focused investing service on Seeking Alpha. Our focus is on income-producing asset classes that offer the opportunity for sustainable portfolio income , diversification , and inflation hedging . Get started with a Free Two-Week Trial and take a look at our top ideas across our exclusive income-focused portfolios.It's been a while since I last covered Armada Hoffler Properties (NYSE: AHH ) back in August, highlighting its asset diversification, strategic developments, ...
A Barbell Approach To REITs
Seeking Alpha· 2024-11-19 11:30
Each year I update my “Go-Fishing” REIT portfolio. The idea is to find REITs that pay very secure dividends, likely to grow a bit faster than inflation, and that are such solid companies that one could safely check on them only once aIf you want to access my entire Portfolio and all my current Top Picks, feel free to join ‘High Yield Landlord’ for a 2-week free trial. We are the largest and best-rated community of real estate investors on Seeking Alpha with 2,500+ members on board and a 4.9/5 rating from 50 ...
Armada Hoffler's Board of Directors Names Shawn Tibbetts as Chief Executive Officer Effective January 1, 2025
GlobeNewswire News Room· 2024-11-18 21:15
VIRGINIA BEACH, Va., Nov. 18, 2024 (GLOBE NEWSWIRE) -- Armada Hoffler's (NYSE: AHH) Board of Directors announces that Shawn Tibbetts, the Company's President and Chief Operating Officer, has been named Chief Executive Officer beginning January 1, 2025. Current CEO Lou Haddad will retire at the end of 2024 but will retain the role of Executive Chairman of the Company's Board of Directors. Additionally, the Board of Directors expects to appoint Tibbetts to the Board of Directors upon his elevation to Chief Ex ...
Indebtedness Warrants A Hold For Armada Hoffler
Seeking Alpha· 2024-11-12 12:51
Group 1 - The author emphasizes a long-term investment approach, focusing on owning stocks for years rather than short-term price predictions [1] - The investment strategy has evolved to a simplified "Buy or Don't Buy" approach, moving away from issuing Sell ratings [1] - The author has not issued a Strong Buy rating for any security as of March 2024 [1] Group 2 - The author has experience in investment advisory, having worked at Fidelity Investments from May 2022 to May 2023 [1] - The articles are intended to serve as a reflective tool for the author's investment ideas and growth [1] - The author has no current stock or derivative positions in any mentioned companies and no plans to initiate any within the next 72 hours [2]
Armada Hoffler Properties(AHH) - 2024 Q3 - Quarterly Report
2024-11-07 22:51
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-35908 ARMADA HOFFLER PROPERTIES, INC. (Exact name of registrant as specified in its charter) Maryland 46-1214914 (State or other jurisd ...
8-10% Dividend Yields: If I Could Only Buy 3 In November 2024
Seeking Alpha· 2024-11-07 20:20
As I recently pointed out , chasing yields above 10% can be risky. This is because when the market prices a yield significantly higher than its long-term average total return rate, it suggests a high likelihood that the dividend may not be sustainable. Therefore, while IIf you want access to our Portfolios that have crushed the market since inception and all our current Top Picks, join us for a 2-week free trial at High Yield Investor.We are the fastest growing high yield-seeking investment service on Seeki ...