Armada Hoffler Properties

Armada Hoffler Properties, Inc. is a real estate company, which develops, builds, owns, and manages institutional-grade office, retail and multifamily properties in the Mid-Atlantic United States. It operates through the following segments: Office Real Estate, Retail Real Estate, Multifamily Residential Real Estate, and General Contracting and Real Estate Services. The General Contracting and Real Estate Services segment provides various real estate services, such as general contractor services, construction management, asset management, and development services to third-party property owners. The company was founded by Daniel A. Hoffler in 1979 and is headquartered in Virginia Beach, VA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

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Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Armada Hoffler Properties achieves record earnings and outlines growth plans

Armada Hoffler Properties reported strong Q4 2022 earnings with record earnings and an investment grade credit rating. The company outlined plans for growth, acquisitions, and balance sheet improvements in 2023.
Despite challenges in interest income and rental expenses, the company remains focused on maintaining high occupancy levels and enhancing financial stability. Opportunities lie in strategic acquisitions, mezzanine program reduction, and leveraging various equity sources for investments.
Overall, Armada Hoffler Properties is well-positioned to capitalize on growth opportunities, navigate challenges, and maintain financial stability through strategic initiatives and a focus on portfolio performance.

Armada Hoffler Properties reports steady Q1 performance and strategic focus

Armada Hoffler Properties delivered solid Q1 2023 results, maintaining occupancy and focusing on high-quality acquisitions.
Despite challenges from the Interlock acquisition and construction costs, the company's debt metrics and liquidity position remain strong.
Opportunities lie in rent increases, multifamily portfolio growth, and strategic asset development within mixed-use settings.

Armada Hoffler Properties (AHH) meets Q2 earnings, focuses on growth

Armada Hoffler Properties (AHH) delivered solid financial performance in Q2 2023, meeting earnings expectations and showcasing growth. The company's strategic initiatives aim to enhance shareholder value and drive growth over the next 18-24 months.
While challenges such as office and retail occupancy persist, opportunities lie in ongoing developments and asset optimization. Navigating market conditions and tenant behavior will be crucial for sustained success.

Armada Hoffler Properties reports strong Q3 performance and tech-driven strategies

Armada Hoffler Properties (AHH) delivered a strong performance in Q3 2023, driven by positive FFO growth, robust leasing activity, and progress on development projects. The company's strengths lie in its diversified business model, focus on high-quality assets, and innovative approach to pricing decisions. While facing challenges with troubled tenants, Armada Hoffler Properties is actively exploring opportunities through technology-driven strategies and market-responsive pricing.

Armada Hoffler Properties achieves record earnings, eyes Southeast expansion

Armada Hoffler Properties reported strong financial performance in 2023, with a focus on operational excellence and growth.
The company's strategic expansion into Southeast markets and high occupancy rates in the office portfolio showcase resilience.
Challenges lie in leadership succession planning, market uncertainties, and maintaining growth momentum.
Opportunities for growth and value creation exist through disciplined execution, leveraging financial strengths, and meeting guidance targets.

Armada Hoffler Properties (AHH) reports strong Q1 results and strategic growth plans

Armada Hoffler Properties (AHH) showcased strong performance in Q1 with a focus on quality assets and efficient capital deployment. While facing challenges in market-specific trends and debt management, the company is poised for growth through strategic dispositions and redevelopment projects. Opportunities in active markets and optimized debt strategies position Armada Hoffler Properties (AHH) for future success.

Armada Hoffler Properties reports steady Q3 performance and leadership transition

Armada Hoffler Properties (AHH) posts solid Q3 results with normalized FFO of $0.35 per diluted share. Leadership transition plan on track as Shawn Tibbetts prepares to become CEO. Analysts inquire about property additions, office market prospects, and balance sheet strategies, signaling areas for potential focus and improvement.

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Armada Hoffler Properties has a diversified property base, resulting in better operating metrics than pure-play retail REITs. Looking forward, it plans to transition towards the more attractive multifamily segment, and deleverage its balance sheet.

4.6%-Yielding Armada Hoffler Properties: Short-Term Pain, Long-Term Gain

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Great News For REITs

VIRGINIA BEACH, Va., Feb. 22, 2021 (GLOBE NEWSWIRE) -- Armada Hoffler Properties, Inc. (NYSE: AHH) today announced that its Board of Directors has reaffirmed the Company's commitment to leadership in corporate governance practices by adopting an amendment to the Company's bylaws to implement a “proxy access” provision.

Armada Hoffler Properties Adopts Proxy Access Bylaw Amendment

Armada Hoffler Properties, Inc. (AHH) CEO Louis Haddad on Q4 2020 Results - Earnings Call Transcript

Armada Hoffler Properties (AHH) delivered FFO and revenue surprises of 4.17% and 1.50%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Armada Hoffler Properties (AHH) Q4 FFO and Revenues Beat Estimates

Net Income of $0.02 per Diluted Share for the Fourth Quarter and $0.38 per Diluted Share for the Full Year

Armada Hoffler Properties Reports Fourth Quarter and Full Year 2020 Results

Company Also Announces Quarterly Cash Dividend on Preferred Stock Company Also Announces Quarterly Cash Dividend on Preferred Stock

Armada Hoffler Properties Increases First Quarter 2021 Cash Dividend over 36% on Common Shares

VIRGINIA BEACH, Va., Feb. 05, 2021 (GLOBE NEWSWIRE) -- Armada Hoffler Properties, Inc. (NYSE: AHH) announced the income tax treatment of its 2020 dividend distributions to holders of shares of the Company's common stock and preferred stock.

Armada Hoffler Properties Announces Income Tax Treatment of Its 2020 Dividend Distributions

VIRGINIA BEACH, Va., Jan. 07, 2021 (GLOBE NEWSWIRE) -- Armada Hoffler Properties, Inc. (NYSE: AHH) will report its earnings for the quarter and year ended December 31, 2020 at approximately 6:00 a.m. EST on Thursday, February 11, 2021. At 8:30 a.m. EST on the same day, senior management will host a conference call and webcast to discuss earnings and other information.

Armada Hoffler Properties to Discuss Fourth Quarter Earnings on February 11th

AHH has seen an improvement in its rent collection and occupancy metrics since the depths of the pandemic. Management is pivoting the portfolio towards multifamily, and is unlocking the development potential of its land.

Armada Hoffler Properties: Safe 4.1% Yield With High Insider Ownership

Preferred Apartment Communities

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Bah Humbug: Beware Of These REITs

VIRGINIA BEACH, Va., Dec. 03, 2020 (GLOBE NEWSWIRE) -- Armada Hoffler Properties, Inc. (NYSE: AHH) will host a conference call and webcast at 4:30 p.m. EST on Monday, December 7, 2020 to discuss its joint venture to develop and build T. Rowe Price's new 450,000 square foot global headquarters at Harbor Point. The call will include prepared remarks by senior management and a question and answer session. An accompanying presentation will be made available prior to the call through the investors page of Company's website, ArmadaHoffler.com.

Armada Hoffler Properties to Discuss Joint Venture to Develop & Build New Global Headquarters for T. Rowe Price at 4:30 PM EST on December 7th

VIRGINIA BEACH, Va., Dec. 03, 2020 (GLOBE NEWSWIRE) -- Armada Hoffler Properties, Inc. (NYSE: AHH) today announced it has formed a 50/50 joint venture with Beatty Development Group, which will develop and build T. Rowe Price's new 450,000 square foot global headquarters in Baltimore's Harbor Point. Beatty is the lead developer of the joint venture and Armada Hoffler is the noncontrolling equity partner and general contractor for the build-to-suit project.

Armada Hoffler Properties Announces Joint Venture to Develop & Build New Global Headquarters for T. Rowe Price at Harbor Point

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Armada Hoffler Properties, Inc. (AHH) CEO Louis Haddad on Q3 2020 Results - Earnings Call Transcript

Armada Hoffler Properties (AHH) delivered FFO and revenue surprises of -4.00% and 1.01%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Armada Hoffler Properties (AHH) Misses Q3 FFO Estimates

Armada Hoffler Properties Reports Third Quarter 2020 Results

VIRGINIA BEACH, Va., Nov. 02, 2020 (GLOBE NEWSWIRE) -- Armada Hoffler Properties, Inc. (NYSE: AHH) today announced that it has completed the acquisition of The Residences at Annapolis Junction. The Company had previously been a mezzanine lender to the developer of the property. In connection with the transaction, the Company refinanced the property with a 10-year $84 million agency loan that is interest-only for the first three years and bears interest at 2.74% per annum.

Armada Hoffler Properties Completes Off-Market Acquisition of The Residences at Annapolis Junction

VIRGINIA BEACH, Va., Oct. 29, 2020 (GLOBE NEWSWIRE) -- Armada Hoffler Properties, Inc. (NYSE: AHH) today provided an update on October rent collections. As of October 27th, the Company had collected 96% of total portfolio rents due for the month, including 100% of office rents, 97% of multifamily rents, and 94% of retail rents.

Armada Hoffler Properties Collects 96% of October Rents

Company Terminates Its Two Leases With Regal Cinemas Upon Tenant Default Company Terminates Its Two Leases With Regal Cinemas Upon Tenant Default

Armada Hoffler Properties Recaptures Two Prime Sites for Redevelopment

Armada Hoffler Properties: 20% Total Return Potential For This Diversified REIT

VIRGINIA BEACH, Va., Oct. 07, 2020 (GLOBE NEWSWIRE) -- Armada Hoffler Properties, Inc. (NYSE: AHH) will report its earnings for the quarter ended September 30, 2020 at approximately 6:00 a.m. Eastern Time on Thursday, November 5, 2020. At 8:30 a.m. Eastern Time on the same day, senior management will host a conference call and webcast to discuss earnings and other information.

Armada Hoffler Properties to Discuss Third Quarter Earnings on November 5th

VIRGINIA BEACH, Va., Oct. 05, 2020 (GLOBE NEWSWIRE) -- Armada Hoffler Properties, Inc. (NYSE: AHH) today announced that it has completed the previously disclosed acquisition of the Edison Apartments in Richmond, Virginia for $25 million, including the assumption of debt and the issuance of Operating Partnership Units.

Armada Hoffler Properties Acquires the Edison Apartments in Downtown Richmond, Virginia

September Rent Collections Currently at 94% September Rent Collections Currently at 94%

News for Armada Hoffler Properties Stock (AHH)