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January 21, 2014
08:06 EDTAHHArmada Hoffler closes on previously announced Liberty Apartments acquisition
Armada Hoffler Properties announced that it has closed on a previously announced acquisition of Liberty Apartments for approximately $30.7M. Armada Hoffler acquired Liberty Apartments for approximately $30.7M of total consideration, including the issuance of approximately 695K Operating Partnership units. The value of which was based on the Thursday, January 16 closing stock price of AHH, the repayment of a $3M mezzanine loan and the assumption of approximately $20.9M of debt that bears interest at 5.66% and matures in 2042.
News For AHH From The Last 14 Days
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February 11, 2016
06:28 EDTAHHArmada Hoffler reports FY15-end construction contract backlog $83.4M
At the end of the year, the company's office, retail and multifamily core operating property portfolios were 95.8%, 95.5% and 94.2% occupied, respectively.
06:03 EDTAHHArmada Hoffler sees FY16 normalized FFO 93-c97c, consensus 91c
Sees FY16 total GAAP NOI $62.3M-$63M.
06:03 EDTAHHArmada Hoffler reports Q4 normalized FFO 24c, consensus 24c
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February 2, 2016
06:01 EDTAHHArmada Hoffler increases dividend 5.9% to 18c
Armada Hoffler Properties announced that its Board of Directors declared a cash dividend of 18c per common share for the Q1, representing a 5.9% increase over the prior quarter's cash dividend. The Q1 dividend will be payable in cash on April 7 to stockholders of record on March 30.

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