Exhibit 99.1 PRESS RELEASE ARMADA HOFFLER REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS Net Loss of $0.27 per Diluted Share for the Fourth Quarter and $0.05 per Diluted Share for the Full Year Normalized FFO of $0.31 per Diluted Share for the Fourth Quarter and $1.24 per Diluted Share for the Full Year Announced 5% Increase in the Quarterly Cash Dividend on Common Stock Dividends Declared During the Year Represent a 7.6% Year-Over-Year Increase Introduced 2024 Full-Year Normalized FFO Guidance Range of ...

VIRGINIA BEACH, Va., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE:AHH) announced that its Board of Directors declared the cash dividend of $0.205 per common share, representing a 5% increase over the prior quarter's dividend. The first quarter dividend will be paid in cash on April 4, 2024, to stockholders of record on March 27, 2024. The Board of Directors also declared a cash dividend of $0.421875 per share on its 6.75% Series A Cumulative Redeemable Perpetual Preferred Stock payable on April 15 ...

Wall Street analysts expect Armada Hoffler Properties (AHH) to post quarterly earnings of $0.32 per share in its upcoming report, which indicates a year-over-year decline of 8.6%. Revenues are expected to be $63.6 million, up 14.2% from the year-ago quarter.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Prior to a company's earnings r ...

VIRGINIA BEACH, Va., Feb. 15, 2024 (GLOBE NEWSWIRE) -- Armada Hoffler's (NYSE:AHH) Board of Directors announces that Shawn Tibbetts, the Company's Chief Operating Officer, has been named President. Tibbetts has served as the Chief Operating Officer of the Company since joining in 2019 and plays an integral role in its growth and success. Upon the expected retirement of Louis Haddad as CEO in the spring of 2025, the Company's Board of Directors, having undertaken a deliberate and thorough succession planning ...

Group 1 - Armada Hoffler announced a 45,000 square foot corporate office lease at its Southern Post mixed-use development in Roswell, Georgia, highlighting the project's appeal to major corporate users [1] - Southern Post is a 4.27-acre development featuring 128 luxury apartments, 90,000 square feet of office space, 40,000 square feet of retail space, and nine high-end townhomes [1] - The project is nearing completion and has achieved 76% leasing for its retail portion, with a strong demand for its multifamily component, Chandler Residences, which has a substantial waiting list [2] Group 2 - The recent lease follows a 7,400 square foot office lease with CA South, indicating continued momentum across various product types at Southern Post [2] - Zach Wooten from Transwestern emphasized that Southern Post meets the needs of contemporary office tenants with its unique environment and strategic location [2] - Armada Hoffler is a vertically integrated, self-managed REIT with over 40 years of experience in developing and managing high-quality properties primarily in the Mid-Atlantic and Southeastern United States [4]

DenisTangneyJr Over the last couple of years there has been a running narrative forecasting/describing the demise of commercial real estate. Though office is now a small part of the publicly traded REIT market capitalization, the abundance of bad news in the office sector has been sufficient to dampen investor interest in real estate as a whole. Earlier this month, Moody’s Analytics reported that 19.6% of office space in major U.S. cities is now unleased, a new record high. WeWork, the now bankrupt co-w ...

VIRGINIA BEACH, Va., Jan. 25, 2024 (GLOBE NEWSWIRE) --  Armada Hoffler (NYSE:AHH) announced that its BBB credit rating has been reaffirmed by Morningstar DBRS, a globally recognized credit rating agency. The Company acknowledges a shift in the rating trend from stable to negative. In shifting the rating trend, Morningstar DBRS cited the Company's short-term elevation of the leverage ratio. The Company's short-term elevation of the leverage ratio is mainly driven by the recent acquisition of The Interlock pr ...

REITs could be excellent buys this year. If analyst forecasts are to be believed, then interest rates could be reduced soon, with some economists predicting it could happen as early as June this year. Falling interest rates are great news for REITs. Not only does it reduce the interest payments for the debts of these companies, but falling rates also decrease the price and demand for bonds. As bonds become less attractive, REITs move into the center stage as yield-hungry investors seek alternative options f ...

Core Insights - Armada Hoffler has rejected the WeWork lease at The Interlock, creating an opportunity for innovative companies to secure premium office space in a desirable location [1][2] - The termination of the lease on December 31, 2023, has allowed the company to retain one of the largest single tenants and has resulted in signed or pending Letters of Intent (LOIs) for most of the remaining space [1] Company Overview - Armada Hoffler is a vertically integrated, self-managed real estate investment trust (REIT) with over 40 years of experience in developing, building, acquiring, and managing high-quality multifamily, office, and retail properties, primarily in the Mid-Atlantic and Southeastern United States [3] - The company also provides general construction and development services to third-party clients and has been operating since its founding in 1979 by Daniel A. Hoffler [3]

VIRGINIA BEACH, Va., Jan. 18, 2024 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE:AHH) secured a significant new office tenant at the Company's Wills Wharf office building in Baltimore's Harbor Point neighborhood. Global law firm Duane Morris LLP signed a lease for nearly 10,000 square feet at Wills Wharf. The transaction brings total office occupancy at Harbor Point to 97.1%, as the vibrant mixed-use project bucks national office sector trends with its strong demand and tenancy. "This lease with Duane Morris LLP ...