AHH Armada Hoffler Properties Inc.

Armada Hoffler Announces Closing of $100 Million Fixed-Rate Unsecured Term Loan

Armada Hoffler Announces Closing of $100 Million Fixed-Rate Unsecured Term Loan

VIRGINIA BEACH, Va., Dec. 07, 2022 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE: AHH) today announced that it has initiated a new $100 million unsecured term loan with the option to increase the total capacity to $200 million. Proceeds from the term loan have been used to unencumber the company’s newly stabilized Wills Wharf asset, as well as three Town Center of Virginia Beach retail assets. The new term loan matures concurrently with the existing line in January 2027 at a fixed interest rate of 4.79%.

“We appreciate the continued support we have received from our preferred lender group, particularly considering today’s market conditions,” said Matthew Barnes-Smith, Chief Financial Officer of Armada Hoffler. “The company remains committed to delivering long-term value to our stakeholders by continuing to improve our liquidity and further strengthening our capital structure. Executing the Franklin Templeton lease at Wills Wharf has enabled us to take another step to a more unsecured balance sheet featuring longer term fixed-rate debt instruments.”

Manufacturers and Traders Bank (M&T) will act as the sole and exclusive administrative agent and lead arranger for the credit facility.

About Armada Hoffler

Armada Hoffler (NYSE: AHH) is a vertically integrated, self-managed real estate investment trust with over four decades of experience developing, building, acquiring, and managing high-quality office, retail, and multifamily properties located primarily in the Mid-Atlantic and Southeastern United States. We also provide general construction and development services to third-party clients, in addition to developing and building properties to be placed in our stabilized portfolio. Founded in 1979 by Daniel A. Hoffler, Armada Hoffler has elected to be taxed as a REIT for U.S. federal income tax purposes. For more information visit ArmadaHoffler.com

Contact:

Chelsea Forrest

Armada Hoffler

Director of Corporate Communications and Investor Relations

Email:

Phone: (757) 612-4248



EN
07/12/2022

Underlying

AHHArmada Hoffler Properties Inc.

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Armada Hoffler Properties Inc.

 PRESS RELEASE
Free
AHH Armada Hoffler ...

AH Realty Trust to Report First Quarter Earnings on May 4th

AH Realty Trust to Report First Quarter Earnings on May 4th Company to discuss first quarter earnings on May 5th VIRGINIA BEACH, Va., April 03, 2026 (GLOBE NEWSWIRE) -- AH Realty Trust (NYSE: AHRT) will report its earnings for the quarter ending March 31, 2026 at approximately 4:00 p.m. Eastern on Monday, May 4, 2026. At 8:30 a.m. Eastern on Tuesday, May 5, 2026, management will host a conference call and webcast to discuss earnings other information. To listen to the call, dial 1 (800) 715-9871 (toll-free dial-in number) or 1 (646) 307-1963 (toll dial-in number). The conference ID is ...

April 3, 2026 1 EN
 PRESS RELEASE
Free
AHH Armada Hoffler ...

AH Realty Trust Advances Strategic Transformation Through Sale of Two ...

AH Realty Trust Advances Strategic Transformation Through Sale of Two Multifamily Real Estate Financing Investments Proceeds Deployed to Strengthen the Balance Sheet and Support Capital Allocation Initiatives, Including Share Repurchase Program 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 acquire...

March 31, 2026 1 EN
 PRESS RELEASE
Free
AHH Armada Hoffler ...

AH Realty Trust Executes Agreement to Sell 11 Multifamily Properties t...

AH Realty Trust Executes Agreement to Sell 11 Multifamily Properties to Harbor Group Milestone in the Company’s Strategic Transformation and Balance Sheet Strategy VIRGINIA BEACH, Va., March 16, 2026 (GLOBE NEWSWIRE) -- AH Realty Trust (NYSE: AHRT), formerly Armada Hoffler, today announced that it has entered into a binding purchase and sale agreement with an affiliate of Harbor Group International, a leading global real estate investment and management firm, under which Harbor Group will acquire an 11-asset portfolio from AH Realty Trust for $562 million in cash, subject to certain adj...

March 16, 2026 1 EN
 PRESS RELEASE
Free
AHH Armada Hoffler ...

AH Realty Trust Executes 4,000-Square-Foot Lease at Southern Post With...

AH Realty Trust Executes 4,000-Square-Foot Lease at Southern Post With Atlanta Golf & Social The addition reflects continued demand for lifestyle-driven concepts within the Roswell, Georgia mixed-use community. VIRGINIA BEACH, Va., March 11, 2026 (GLOBE NEWSWIRE) -- AH Realty Trust (NYSE: AHRT), previously Armada Hoffler, announced the execution of a new retail lease with Atlanta Golf & Social at Southern Post, the company’s premier mixed-use destination in Roswell, Georgia. The contemporary indoor golf and social concept will occupy approximately 4,000 square feet of first-generation r...

March 11, 2026 1 EN
 PRESS RELEASE
Free
AHH Armada Hoffler ...

AH Realty Trust, Previously Armada Hoffler, Announces Quarterly Divide...

AH Realty Trust, Previously Armada Hoffler, Announces Quarterly Dividend VIRGINIA BEACH, Va., March 05, 2026 (GLOBE NEWSWIRE) -- AH Realty Trust (NYSE: AHRT), previously Armada Hoffler, announced that its Board of Directors declared the company’s regular quarterly cash dividend of $0.14 per common share. The first quarter dividend will be paid in cash on April 2, 2026, to stockholders of record on March 26, 2026. The Board of Directors also declared a cash dividend of $0.421875 per share on its 6.75% Series A Cumulative Redeemable Perpetual Preferred Stock payable on April 15, 2026, to s...

March 5, 2026 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch