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 Q4 2020

Earnings data Q1 2021

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Earnings data Q3 2021

Earnings data Q4 2021

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

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.

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VIRGINIA BEACH, Va., Dec. 07, 2022 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE: AHH) today announced that it has initiated a new $100 million unsecured term loan with the option to increase the total capacity to $200 million. Proceeds from the term loan have been used to unencumber the company's newly stabilized Wills Wharf asset, as well as three Town Center of Virginia Beach retail assets. The new term loan matures concurrently with the existing line in January 2027 at a fixed interest rate of 4.79%.

Armada Hoffler Announces Closing of $100 Million Fixed-Rate Unsecured Term Loan

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Armada Hoffler Properties, Inc. (NYSE:AHH ) Q3 2022 Earnings Conference Call November 8, 2022 8:30 AM ET Company Participants Chelsea Forrest - Director, Corporate Communications & IR Lou Haddad - CEO Matthew Barnes-Smith - CFO Shawn Tibbetts - COO Conference Call Participants Dave Rogers - Baird Rob Stevenson - Janney Operator Good morning and welcome to Armada Hoffler Properties, Inc. Third Quarter 2022 Conference Call. All participants will be in a listen-only mode.

Armada Hoffler Properties, Inc. (AHH) Q3 2022 - Earnings Call Transcript

Armada Hoffler Properties (AHH) delivered FFO and revenue surprises of 0% and 1.22%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Armada Hoffler Properties (AHH) Matches Q3 FFO Estimates

Armada Hoffler Properties Reports Third Quarter 2022 Results

Global financial services leader increases total office commitment to 242,000 square feet at Thames Street Wharf Global financial services leader increases total office commitment to 242,000 square feet at Thames Street Wharf

Armada Hoffler Finalizes Lease Extension and Expansion With Morgan Stanley at Thames Street Wharf in Harbor Point

Armada Hoffler is a geographically localized, diversified REIT, not usually my cup of tea. Yet their growth of per share earnings (“FFO”) since their REIT conversion is among the best for all REITs.

Armada Hoffler Properties: Beyond The Stereotypes

Mixed-use project's office portfolio is over 99% leased as Company continues to see demand and positive releasing activity Mixed-use project's office portfolio is over 99% leased as Company continues to see demand and positive releasing activity

Armada Hoffler Secures Significant Office Lease for Town Center

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REITs are trading at the lowest valuation in years. Yet, few seem to be buying them due to fears of rising rates.

Important Warning To REIT Investors

AHH has a solid portfolio of retail, office, and multifamily properties that have performed well this year. Rent rates and NOI are growing across all three of AHH's property segments, and occupancy is very high.

Armada Hoffler Properties: A Solid Mixed-Use Developer On Sale

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Our Spring-Loaded REIT Portfolio Heading Into Q4 2022

VIRGINIA BEACH, Va., Oct. 06, 2022 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE: AHH) today announced that it has amended and restated its existing $355 million unsecured credit facility, increasing the capacity to $550 million. The credit facility is comprised of a $250 million unsecured revolving line of credit and a $300 million unsecured term loan. Additionally, the credit facility includes an accordion option to increase the total capacity to $1.0 billion. The revolving line of credit and term loan now mature in January 2027 and 2028, respectively.

Armada Hoffler Increases Capacity of Its Unsecured Credit Facility to $550 Million and Extends Maturity Date to 2027 & 2028

Armada Hoffler Properties (AHH) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Armada Hoffler Properties (AHH) Upgraded to Buy: Here's What You Should Know

VIRGINIA BEACH, Va., Oct. 04, 2022 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE: AHH) will report its earnings for the quarter ending September 30, 2022 at approximately 6:00 a.m. Eastern on Tuesday, November 8, 2022. At 8:30 a.m. Eastern on the same day, senior management will host a conference call and webcast to discuss earnings and other information.

Armada Hoffler To Discuss Third Quarter Earnings On November 8th

Armada Hoffler Properties: An Armada Against Market Volatility

Armada Hoffler Properties, Inc. (NYSE:AHH ) Q2 2022 Earnings Conference Call August 4, 2022 8:30 AM ET Company Participants Chelsea Forrest - Director, Corporate Communications & IR Lou Haddad - CEO Matthew Barnes-Smith - CFO Shawn Tibbetts - COO Conference Call Participants Dave Rogers - Baird Rob Stevenson - Janney James Feldman - Bank of America Peter Abramowitz - Jefferies Operator Greetings and welcome to the Armada Hoffler Properties, Inc. Second Quarter 2022 Earnings Conference Call. At this time, all participants are in listen-only mode.

Armada Hoffler Properties' (AHH) CEO Lou Haddad on Q2 2022 Results - Earnings Call Transcript

Armada Hoffler Properties Reports Second Quarter 2022 Results

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

Armada Hoffler Announces 12% Increase in Quarterly Cash Dividend on Common Shares

VIRGINIA BEACH, Va., July 25, 2022 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE: AHH) successfully completed the sale of The Residences at Annapolis Junction, a 416-unit suburban mid-rise apartment community in Howard County, Maryland for $150 million. The transaction closed on July 22, 2022.

Armada Hoffler Completes $150 Million Sale of The Residences at Annapolis Junction at a 4.15% Exit Cap Rate

AHH is priced at a 31% discount to pre-Covid-19 levels. AHH is discounted because the market fears that it won't be able to access capital at a reasonable cost to fund its growth projects.

Very Good News For Armada Hoffler Properties

VIRGINIA BEACH, Va., July 13, 2022 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE: AHH) is pleased to announce that Dennis Gartman – renowned investor, economist, and longtime publisher of “The Gartman Letter” – has joined the Company's Board of Directors. He will be the sixth independent member of the Board.

Armada Hoffler Announces Addition of Dennis Gartman, Publisher of “The Gartman Letter,” to Company's Board of Directors

Prominent investment management firm to occupy 60,000 square feet of office space, Wills Wharf now 91% leased Prominent investment management firm to occupy 60,000 square feet of office space, Wills Wharf now 91% leased

Franklin Templeton Agrees to Lease at Armada Hoffler's Wills Wharf in Harbor Point

Investors need to pay close attention to Armada Hoffler (AHH) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in Armada Hoffler (AHH) Stock?

Proceeds significantly exceed projections; Company enhanced property's value by executing early lease extensions Proceeds significantly exceed projections; Company enhanced property's value by executing early lease extensions

Armada Hoffler Completes $24 Million Retail Sale at a 4.0% Exit Cap Rate

News for Armada Hoffler Properties Stock (AHH)