Positive
Seeking Alpha
yesterday
Armada Hoffler Properties: Beaten-Down REIT Taking Meaningful Steps Toward Recovery
Armada Hoffler Properties is rated a Buy thanks to significant turnaround potential, an attractive 8.5% dividend yield, and solid valuation. AHH is actively managing debt maturities, focusing on deleveraging, refinancing, and shifting to more fixed-rate, longer-term debt to strengthen its balance sheet. Risks include economic sensitivity, some tenant concentration, and high interest rates, but rate cuts and project pipeline offer upside catalysts for AHH.