Armada Hoffler Properties (AHH) Tops Q3 FFO by 3c
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Armada Hoffler Properties Reports Third Quarter 2015 Results
November 3, 2015 6:05 AM ESTNormalized FFO of $0.26 Per Diluted Share
Core Operating Property Portfolio at 95.6% Occupancy
Company Raised 2015 Full-Year Normalized FFO Guidance
VIRGINIA BEACH, Va.--(BUSINESS WIRE)-- Armada Hoffler Properties, Inc. (NYSE: AHH) today announced its results for the quarter ended September 30, 2015.
Highlights include:
Funds From Operations (FFO) of $10.7 million, or $0.25 per diluted share, for the quarter ended September 30, 2015 compared to FFO of $7.3 million, or $0.21 per diluted share, for the quarter ended September 30, 2014. Normalized FFO of $11.0 million, or $0.26 per diluted... MoreArmada Hoffler Properties Expands Presence in Baltimore’s Inner Harbor with Investment in $93 Million Multifamily Development Project
November 3, 2015 6:00 AM ESTVIRGINIA BEACH, Va.--(BUSINESS WIRE)-- Armada Hoffler Properties, Inc. (NYSE: AHH) announced today an initial investment in the $93 million Point Street Apartments development project in Baltimores Harbor Point, including an option to purchase a majority stake in the asset once completed.
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