AH Realty Trust, Inc. AHRT
AH Realty Trust, Inc. (AHRT) is a real estate enterprise focused on the acquisition, development, construction, and management of high-quality office, retail, and residential (multifamily) properties within the Mid-Atlantic region of the United States. Its operations are structured into several key divisions: Office Real Estate, Retail Real Estate, Multifamily Residential Real Estate, and a dedicated General Contracting and Real Estate Services arm. This specialized services division offers a range of property-related expertise, including general contracting, construction oversight, portfolio management, and development solutions, primarily catering to external property owners. Founded in 1979 by Daniel A. Hoffler, the company is headquartered in Virginia Beach, VA.
Business overview written from the company's own Form 10-K (Item 1), filed 2026-02-26 — refreshed whenever it files a new one. The figures above are current; see its SEC filings. ✓ From the 10-K
Plain-English: the Snapshot is the quick read — what it pays you (yield, dividend), how its cash flow looks (FFO/AFFO, Price/OCF) and how much debt it carries. Switch to Expert in the header to hide these explanations.
Snapshot
Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.
$10,000 invested
Illustrative income only, at today's price and latest declared dividend — it excludes price changes, dividend cuts and taxes. Not a forecast.
Model AHRT yourself — any amount, shares, per-payment & a multi-year DRIP projection →
Balance sheet (latest FY: 2025)
Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.
Financial history
| FY | Revenue | Net income | D&A | EBITDA | Op. cash flow |
|---|---|---|---|---|---|
| 2025 | $285.42M | $5.60M | $91.74M | $174.37M | $62.87M |
| 2024 | $274.50M | $35.65M | $91.26M | $197.66M | $80.42M |
| 2023 | $667.72M | $8.29M | $97.98M | $160.58M | $92.20M |
| 2022 | $454.84M | $74.75M | $74.77M | $210.41M | $116.08M |
| 2021 | $284.74M | $21.89M | $70.53M | $129.15M | $90.63M |
| 2020 | $384.33M | $29.15M | $44.95M | $112.66M | $90.61M |
Dividends
Recent regular dividends per share (special distributions excluded), oldest → newest.
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 2026-06-24 | 2026-06-24 | 2026-07-02 | 2026-05-12 | $0.14 | Quarterly |
| 2026-03-26 | 2026-03-26 | 2026-04-02 | 2026-03-05 | $0.14 | Quarterly |
| 2025-12-31 | 2025-12-31 | 2026-01-08 | 2025-11-21 | $0.14 | Quarterly |
| 2025-09-24 | 2025-09-24 | 2025-10-02 | — | $0.14 | Quarterly |
| 2025-06-30 | 2025-06-30 | 2025-07-08 | — | $0.14 | Quarterly |
| 2025-03-26 | 2025-03-26 | 2025-04-03 | — | $0.14 | Quarterly |
| 2024-12-26 | 2024-12-26 | 2025-01-02 | — | $0.20 | Quarterly |
| 2024-09-25 | 2024-09-25 | 2024-10-03 | — | $0.20 | Quarterly |
| 2024-06-26 | 2024-06-26 | 2024-07-05 | — | $0.20 | Quarterly |
| 2024-03-26 | 2024-03-27 | 2024-04-04 | — | $0.20 | Quarterly |
| 2023-12-26 | 2023-12-27 | 2024-01-04 | — | $0.20 | Quarterly |
| 2023-09-26 | 2023-09-27 | 2023-10-05 | — | $0.20 | Quarterly |
| 2023-06-27 | 2023-06-28 | 2023-07-06 | — | $0.20 | Quarterly |
| 2023-03-28 | 2023-03-29 | 2023-04-06 | — | $0.19 | Quarterly |
| 2022-12-27 | 2022-12-28 | 2023-01-05 | — | $0.19 | Quarterly |
| 2022-09-27 | 2022-09-28 | 2022-10-06 | — | $0.19 | Quarterly |
| 2022-06-28 | 2022-06-29 | 2022-07-07 | — | $0.17 | Quarterly |
| 2022-03-29 | 2022-03-30 | 2022-04-07 | — | $0.17 | Quarterly |
| 2021-12-28 | 2021-12-29 | 2022-01-06 | — | $0.17 | Quarterly |
| 2021-09-28 | 2021-09-29 | 2021-10-07 | — | $0.16 | Quarterly |
| 2021-06-29 | 2021-06-30 | 2021-07-08 | — | $0.16 | Quarterly |
| 2021-03-30 | 2021-03-31 | 2021-04-08 | — | $0.15 | Quarterly |
| 2020-12-29 | 2020-12-30 | 2021-01-07 | — | $0.11 | Quarterly |
| 2020-09-29 | 2020-09-30 | 2020-10-08 | — | $0.11 | Semi-Annual |
Coverage (payout of operating cash flow): 71.41%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).
Recent news — AHRT
AH Realty Trust: An Unsafe 8% Dividend, But A Strong Long-Term Buy
AH Realty Trust Preferred: Discount To Par Improves Allocation Profile
AH Realty Trust to Report Second Quarter Earnings on August 3rd
AH Realty Trust: Rebrand Attracts Bulls To This Diversified Retail/Office REIT
AH Realty Closes Sale of 9 Multifamily Properties to Harbor Group
AH Realty Trust Completes Portfolio Sale to Harbor Group
Private Equity Is Buying REITs Hand Over Fist
Inflation Reignites, Yields Spike
Headlines via Financial Modeling Prep; links open the original publisher in a new tab. Not an endorsement or investment advice.
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Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.