Armada Hoffler Properties Reports Strong Q2 2025 Results

Armada Hoffler Properties ( (AHH) ) has released its Q2 earnings. Here is a breakdown of the information Armada Hoffler Properties presented to its investors.

Armada Hoffler Properties, Inc. is a vertically integrated, self-managed real estate investment trust (REIT) focused on developing, building, acquiring, and managing high-quality retail, office, and multifamily properties primarily in the Mid-Atlantic and Southeastern United States.

In its second quarter of 2025, Armada Hoffler Properties reported a GAAP net income of $0.04 per diluted share and a normalized funds from operations (FFO) of $0.25 per diluted share. The company also maintained its full-year normalized FFO guidance range of $1.00 to $1.10 per diluted share.

Key financial highlights include net income attributable to common stockholders and OP Unit holders of $3.9 million, a significant increase from $0.4 million in the same period last year. However, the FFO decreased to $19.0 million from $22.4 million year-over-year, primarily due to a decrease in general contracting and real estate services gross profit and an increase in interest expenses. The company executed 14 commercial lease renewals and 10 new leases, totaling approximately 161,000 net rentable square feet.

Armada Hoffler’s portfolio occupancy remained strong, with retail, office, and multifamily properties at 94.2%, 96.3%, and 94.0% occupancy, respectively. The company also reported positive spreads on renewals across all commercial segments, with retail and office renewal spreads showing significant growth.

Looking ahead, Armada Hoffler Properties remains focused on delivering long-term value to shareholders through its high-quality property portfolio and strategic initiatives. The company continues to build on its strengths to ensure consistent earnings growth and value creation.