AH Realty Trust Raises 2026 FFO Guidance After $562M Multifamily Sale and $24.1M Buyback
AH Realty Trust reported Q1 GAAP net loss of $0.33 per share, FFO, as adjusted of $0.15, raised full-year FFO guidance to $0.51–$0.55 after selling $562M multifamily assets and repurchasing $24.1M stock. The company also signed a 22,000-sq-ft office lease, boosting Southern Post occupancy to 83.5%.
1. First Quarter Results and Guidance
AH Realty Trust posted a GAAP net loss of $33.3 million (–$0.33 per diluted share) for Q1 2026, generated FFO of $20.6 million ($0.20 per share) and FFO, as adjusted of $15.1 million ($0.15 per share). The company raised full-year 2026 FFO, as adjusted guidance to $0.51–$0.55 per share after completing a $562.0 million multifamily portfolio sale, divesting its real estate financing and construction businesses, and repurchasing $24.1 million of common stock.
2. Southern Post Office Lease
AH Realty Trust executed an approximately 22,000-square-foot long-term office lease with Industrious at its Southern Post mixed-use destination in Roswell, Georgia, covering 1.5 floors with 189 office seats and 52 access seats. The deal lifts the office component’s leased rate to 83.5% and is scheduled to commence in early 2027, enhancing the property’s tenant mix and revenue visibility.