- CEO
- Shawn J. Tibbetts
- Full Time Employees
- 148
- Sector
- Real Estate
- Industry
- REIT - Diversified
- Address
- 222 Central Park Avenue Virginia Beach VA United States of America 23462
- IPO Date
- Jun 12, 2019
- Business
- Armada Hoffler Properties, Inc. (NYSE: AHH) is a vertically integrated, self-managed real estate investment trust that develops, builds, owns, and manages high-quality, institutional-grade office, retail, and multifamily properties primarily in the Mid-Atlantic and Southeastern United States; it also provides general contracting, construction, and real estate services to third-party clients, as well as real estate financing through mezzanine lending and notes receivable. The company operates through distinct segments including office real estate featuring Class A multi-tenant buildings; retail real estate encompassing mixed-use, grocery-anchored centers, and power centers; multifamily residential real estate with Class A apartment communities; and general contracting and real estate services that support development projects for its stabilized portfolio and external customers. Founded in 1979 by Daniel A. Hoffler and headquartered in Virginia Beach, Virginia, Armada Hoffler maintains a portfolio of strategically located properties in high-demand markets, leasing space under operating leases with revenue from base rents, tenant recoveries for utilities, maintenance, and other expenses; it generates maximum revenue from its retail real estate segment and holds subsidiaries such as Harbor Point Parcel 4 Development, LLC. Recent developments include the June 2025 acquisition of the remaining partner interest in the Allied | Harbor Point project, making it a wholly owned subsidiary; the July 2025 issuance of $115 million in senior unsecured notes across three series maturing in 2028, 2030, and 2032 to repay construction loans and reduce revolver balances; entry into interest rate swaps in July 2025 with $820 million notional to hedge SOFR exposure; disposition of Market at Mill Creek and Nexton Square retail properties in December 2024 for $82 million, yielding a $21.3 million net gain; and a leadership transition effective January 2025 with Shawn Tibbetts assuming the CEO role from Louis S. Haddad, who remains Executive Chairman.