AH Realty Trust, Inc. (AHH) Form 8-K — Nov 3, 2026
AH Realty Trust entered a Fourth Amended and Restated Credit Agreement on October 28, 2026, providing a $150.0 million revolver, a $200.0 million 4-year term loan, and a $200.0 million 5-year term loan, plus a separate $100.0 million 7-year term loan with TD Bank maturing in 2033. The new facilities replace four prior loans totaling $935 million that were maturing between January 2027 and May 2028, significantly extending the debt maturity profile. Pricing ranges from SOFR plus 1.25%-2.20% depending on leverage, with an accordion option to grow total commitments to $1.0 billion.
Key figures
- Debt Amount
- $650.0 million Recast Credit Facility plus $100.0 million 7-Year Term Loan; $121.8 million Constellation Term Loan
- Term loan 4yr
- $200.0 million (maturing Oct 28, 2030)
- Term loan 5yr
- $200.0 million (maturing Oct 28, 2031)
- Term loan 7yr
- $100.0 million (maturing Oct 28, 2033)
- Accordion 7yr loan
- up to $150.0 million increase to $250.0 million max
- Disposition proceeds
- ~$89 million cash for The Everly and Solis Gainesville II (407 units), including $28 million loan repayment
- Revolver outstanding
- $113.0 million as of Oct 28, 2026
- Constellation term loan
- $121.8 million secured by Constellation Tower, maturing Oct 28, 2029, SOFR+1.80%, hedged at 8.25% max
- Accordion recast facility
- increase up to $1.0 billion
- Prior facilities replaced
- $355.0M revolver + $350.0M term loan + $135.0M M&T term loan + $95.0M TD term loan
- Revolving credit facility
- $150.0 million (maturing Oct 28, 2031)
AI analysis
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