AH Realty Trust, Inc.

AH Realty Trust Completes Dispositions and Financing Transactions, Advancing Transformation and Strengthening Balance Sheet

AH Realty Trust completed the sale of The Everly and Solis Gainesville II (407 units) and exited its final real estate financing investment, using proceeds to reduce debt within its 5.5x-6.5x Net Debt to Total Adjusted EBITDAre target. The company recast its unsecured credit facility into a $150 million revolver and two $200 million term loans, closed a new $100 million seven-year term loan, and refinanced the $121.8 million Constellation Energy Building loan, extending maturity from November 2026 to October 2029. With no material debt maturities until 2029 and weighted average debt maturity doubled to 4.4 years, the strategic transformation announced in February is now substantially complete; 11 of 13 identified multifamily properties have been sold, with Greenside and Premier still under contract to HGI affiliates.

•6d ago

AH Realty Trust Announces 23,000 Square Feet of Office Leasing Activity Top of Market Rents at Harbor Point

AH Realty Trust announced approximately 23,000 square feet of office leasing across its Harbor Point community in Baltimore, spanning four new leases, an expansion, and a renewal. Following the transactions, the Harbor Point office portfolio is 98% leased, with the company saying the asset commands some of the highest office rents in the market. New tenants include Arena Analytics and BluePath Finance at Thames Street Wharf; Cole Schotz is expanding at Wills Wharf while Zuckerman Spaeder takes its former space and RBC Royal Bank renews. No financial terms were disclosed.

•9d ago

AH Realty Trust Reports Second Quarter 2026 Results

AH Realty Trust raised full-year 2026 FFO guidance to $0.53-$0.57 per share, a 6% increase, driven by strong same-store NOI growth of 8.3% in office and 2.9% in retail segments. The company closed $485 million in multifamily asset sales, using proceeds to repay approximately $460 million of debt and reducing leverage to 7.1x Net Debt to Adjusted EBITDAre. Year-to-date share repurchases totaled 5.6 million shares for $33.2 million, with the board authorizing an expanded $100 million buyback program.

•3mo ago

AH Realty Trust Completes Portfolio Sale to Harbor Group

AH Realty Trust closed the sale of nine multifamily properties to affiliates of Harbor Group International for $485 million. The company intends to use approximately $465 million of the proceeds to pay down debt, accelerating progress toward its long-term leverage target of 5.5x to 6.5x net debt to total adjusted EBITDA. Two additional multifamily assets, Greenside and Premier, remain under contract for $77 million, with closings expected by end-2026 and mid-2027 respectively. This transaction marks a significant step in AHRT's transformation to focus on its retail and mixed-use office portfolio.

•5mo ago

AH Realty Trust Increases Share Repurchase Authorization to $100 Million

AH Realty Trust has increased its share repurchase authorization by $50 million, bringing the total to $100 million. The company has already repurchased approximately $27.1 million worth of shares in 2026, representing about 4.7 million shares at a weighted average price of $5.78. After the increase, approximately $60.3 million remains available for future repurchases. The expanded authorization reflects the Board's confidence in the company's long-term strategy and disciplined capital allocation approach, aimed at enhancing shareholder value.

•5mo ago

AH Realty Trust Reports First Quarter 2026 Results

AH Realty Trust reported solid Q1 operating results with FFO As Adjusted of $0.15 per share and positive same-store NOI growth, prompting a raise in full-year 2026 FFO guidance to $0.51-$0.55 per share. The company is executing a major strategic pivot, including selling its multifamily portfolio and construction/financing businesses, reducing debt, and focusing on retail and office assets. Capital deployment remains active, with $24.1 million spent to repurchase 4.2 million shares and significant asset sales totaling over $640 million announced or completed to strengthen the balance sheet.

•6mo ago

AH Realty Trust Signs 22,000-Square-Foot Office Lease at Southern Post

AH Realty Trust executed a 22,000-square-foot office lease at Southern Post with Industrious, spanning approximately 1.5 floors. The lease brings the office component of the mixed-use destination to 83.5% leased, with Industrious expected to open in early 2027. CEO Shawn Tibbetts noted the deal reflects continued demand for amenity-rich office environments within mixed-use destinations.

•6mo ago