Mergers & Acquisitions ·
AH Realty Trust sells multifamily portfolio for $485M to pivot to retail and office REIT
AHHAH Realty Trust, Inc.
AH Realty Trust filed a Form 8-K to disclose that President and CEO Shawn J. Tibbetts and CFO Matthew T. Barnes-Smith will use an attached investor presentation in meetings with investors beginning September 16, 2026. The presentation outlines the company's strategic transformation into a focused retail and mixed-use office REIT following the $485 million sale of its multifamily portfolio. Key financial metrics include Q2 2026 adjusted FFO of $0.14 per diluted share and AFFO of $0.18 per diluted share, alongside a net debt-to-EBITDA ratio reduction to 7.1x from 8.3x. The company also reported YTD share repurchases of 5.6 million shares at a weighted average price of $5.92 and raised its 2026 same-store NOI growth guidance for retail to 2.5–3.5% and office to 2.75–3.75%. AH Realty Trust operates as a real estate investment trust focused on high-quality open-air shopping centers and mixed-use ecosystems in the Sunbelt, Mid-Atlantic, and Southeast regions.