AH Realty Trust, Inc. (AHH) Form 8-K — May 22, 2026
AH Realty Trust (AHRT) completed the sale of nine multifamily properties to affiliates of Harbor Group International for $485 million, marking the first closing of a broader portfolio disposition. The company intends to use approximately $465 million of the proceeds to pay down debt, accelerating its deleveraging efforts and strengthening its balance sheet. This transaction is part of a strategic shift away from multifamily assets, with two additional properties (Greenside and Premier) remaining under contract for a combined $77 million.
Key figures
- Deal Value Usd
- 485000000
- Gross Proceeds
- 485000000
- Debt paydown usd
- 465000000
- Estimated gain usd
- 21397000
- Pro forma equity usd
- 781577000
- Premier sale price usd
- 27000000
- Net book value sold usd
- 451462000
- Greenside sale price usd
- 50000000
- Pro forma total debt usd
- 1050288000
- Total portfolio value usd
- 562000000
- Pro forma total assets usd
- 2033742000
- Remaining properties value usd
- 77000000
- Leverage target net debt to ebitda
- 5.5x - 6.5x
Price after filing
Close on the filing date to close N calendar days later (from $6.86). Historical, not a forecast.
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