Sep. 10, 2014, 3:33 PM
- The 5M share offering priced at $9.05 pre share for net proceeds of about $43.1M. The underwriters have an option to buy another 750K shares at that price. The float will be boosted by about 30%.
- Proceeds will be used to pay down monies borrowed to fund prior development work.
- Source: Press Release
- AHH -4%
Jun. 25, 2013, 5:35 PM
AHH vs. ETF Alternatives
Armada Hoffler Properties Inc is a full service real estate company. It is engaged in developing, building, owning and managing institutional-grade office, retail and multifamily properties throughout the Mid-Atlantic United States.
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