AH Realty Trust completes sale of 225-unit Greenside Apartments in Charlotte
AHRT•AH Realty Trust completed the sale of the 225-unit Greenside Apartments in Charlotte to Harbor Group International affiliates at the full contract price, without adjustment. Proceeds reduced debt, bringing leverage within the company’s target range of 5.5–6.5 times net debt to adjusted EBITDA.
1. Greenside sale closes
AH Realty Trust completed the sale of Greenside Apartments in Charlotte, North Carolina, to Harbor Group International affiliates. The transaction closed at the full contract price without adjustment, and proceeds were used to reduce debt.
2. Transformation progress
The closing is the 12th of 13 multifamily property sales under the strategic transformation announced in February 2026. Disposition proceeds have brought leverage within the target range of 5.5–6.5 times net debt to adjusted EBITDA.
3. Final property under contract
The remaining property, Premier Apartments, is under contract with Harbor Group International affiliates, with closing expected in the second quarter of 2027.
