Armada Hoffler Properties, Inc. Q4 2025 Earnings Call Summary

Initiated a fundamental rebranding to A H Realty Trust to signal a shift from a complex 'octopus' structure to a streamlined, predictable operating model. Executing a total exit from the multifamily sector to harvest the arbitrage between high private market valuations and lower public market REIT valuations. Divesting non-core fee income businesses, including construction management and real estate financing, to eliminate inconsistent revenue streams and focus on contractual cash flows. Prioritizin ...