AH Realty Trust Completes Sale of Greenside Apartments
Globe Newswire•13/11/2026•06:16 ET
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Key Highlights
- ➤Greenside Apartments sale completed at full contract price with no subsequent adjustment
- ➤AHRT sold 12 of 13 multifamily properties identified for sale
- ➤Disposition proceeds reduced leverage to target range of 5.5x–6.5x Net Debt to Adjusted EBITDA
- ➤Premier Apartments sale expected to close in Q2 2027
- ➤AHRT completed exits from its contracting, real estate services, and financing businesses
Expert Statements
Shawn Tibbetts, Chairman, President and Chief Executive Officer of AH Realty Trust
“When we began this transformation, we committed to shareholders we would sell the multifamily portfolio, exit our non-core businesses and reduce leverage, and we have substantially delivered on each of these objectives. The sale of Greenside is another milestone”
Shawn Tibbetts, Chairman, President and Chief Executive Officer of AH Realty Trust
“Today, AH Realty Trust is a simpler, stronger, and more focused operator of retail and mixed-use office properties, positioned for long-term value creation.”
12 of 13 Multifamily Properties Now Sold; Proceeds Used to Reduce Debt
Sale of Final Multifamily Property, Premier Apartments, Expected to Close in Q2 2027
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