AH Realty Trust, Inc. Completes Partial Sale of Multifamily Properties

AH Realty Trust, Inc. has completed the disposition of nine out of eleven multifamily properties, generating approximately $485 million in proceeds. The remaining two properties are expected to be sold by mid-2027. The company intends to use the proceeds to pay down debt, aiming to achieve a net debt to total adjusted EBITDA ratio between 5.5x and 6.5x. This strategic move is part of the company's focus on its retail and mixed-use office portfolio, with the goal of strengthening its balance sheet and driving profitable growth. The transaction is expected to enhance the company's financial flexibility and position it for future value creation.