Earnings ·
AH Realty Trust reported a net loss of $24.2 million, or $0.25 per diluted share, for the second quarter ended June…
AHH-PAAH Realty Trust, Inc.
AH Realty Trust reported a net loss of $24.2 million, or $0.25 per diluted share, for the second quarter ended June 30, 2026, driven by significant impairment charges and losses on debt extinguishment. The company raised its full-year 2026 FFO, As Adjusted guidance to a range of $0.53 to $0.57 per diluted share, reflecting continued NOI growth and accelerated debt paydowns from the sale of nine multifamily properties for $485 million in gross proceeds. During the quarter, AH Realty Trust repurchased 2.0 million shares of common stock for $12.4 million, bringing year-to-date buybacks to 5.6 million shares totaling $33.2 million. The company also completed the sale of its general contracting and real estate services business for $2.4 million. AH Realty Trust operates as a retail and mixed-use office REIT focused on open-air shopping centers and mixed-use ecosystems in the Sunbelt, mid-Atlantic, and Southeast regions.