Name | Value |
---|---|
Revenues | 166.0M |
Cost of Revenue | 116.7M |
Gross Profit | 49.3M |
Operating Expense | 27.9M |
Operating I/L | 22.3M |
Other Income/Expense | 2.8M |
Interest Income | 3.7M |
Pretax | 8.7M |
Income Tax Expense | 0.3M |
Net Income/Loss | 6.9M |
Armada Hoffler Properties, Inc. (NYSE: AHH) is a real estate investment trust specializing in developing, building, acquiring, and managing high-quality office, retail, and multifamily properties in the Mid-Atlantic and Southeastern United States. With over 40 years of experience, the company generates revenue through property development, construction services for third-party clients, and property management. It elects to be taxed as a REIT for U.S. federal income tax purposes, allowing it to distribute at least 90% of its taxable income to shareholders annually, making it an attractive investment for those seeking stable income from real estate assets.