Armada Hoffler Properties: Why I Am Buying This 7%-Yielder

ST-art Armada Hoffler Properties, Inc. (NYSE:AHH) is a relatively small-cap real estate investment trust, or REIT, with a market cap of just below $1 billion. AHH is classified as a diversified REIT due to its exposure to several property types such as office, retail, and residential. While having a mix of different real estate segments in a portfolio is not that uncommon, what is quite unique about AHH is that it is a vertically integrated enterprise providing also general construction and development  ...