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Armada Hoffler Properties Q4 Earnings Call Highlights
Yahoo Finance· 2026-02-17 16:50
Real estate financing investments: The company has an LOI with an institutional buyer to acquire interests in two of four investments and is discussing an exit from a third with its partner. The fourth investment is being marketed, with Tibbetts noting comparable cap rates in the low-5 cap range and expectations for a near-term closing.Construction business: Tibbetts said the exit is “effectively complete,” with terms “substantially finalized” with a buyer.Multifamily: The company is under a letter of inten ...