Core Insights - AH Realty Trust has completed the sale of two multifamily notes for a total of $63 million, marking a significant step in its strategic transformation and exit from the real estate financing program [1][2] - The proceeds from this transaction will be utilized to pay down debt, thereby strengthening the company's balance sheet and supporting its share repurchase program [2][3] Financial Actions - The company has repurchased approximately 3.6 million shares at a price of $5.72 per share, totaling $22 million, reflecting a disciplined approach to capital allocation [3] - The divestment of non-core assets is aimed at reducing leverage and focusing on core retail and office portfolios, which are expected to generate strong returns for investors [3] Company Overview - AH Realty Trust, formerly known as Armada Hoffler, is a real estate investment trust (REIT) with over 40 years of experience, primarily operating high-quality retail and office assets in the Mid-Atlantic and Southeastern United States [4]

VIRGINIA BEACH, Va., March 31, 2026 (GLOBE NEWSWIRE) -- AH Realty Trust (NYSE: AHRT) (“AHRT”), formerly Armada Hoffler, today announced it has completed a sale of two multifamily notes previously held within AH Realty Trust’s real estate financing platform, for an aggregate purchase price of $63 million. Under the agreement, the buyer has acquired the Company’s investment in Solis North Creek and Solis Peachtree. This transaction represents AH Realty Trust’s continued progress in the Company’s exit from its ...