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.
- AHH -4%
Jun. 25, 2013, 5:35 PM
Armada Hoffler Properties, Inc. is a full-service real estate company. The company develops, builds, owns and manages institutional-grade office, retail and multifamily properties in the Mid-Atlantic U.S. It also provides general construction and development services to third-party clients... More
Industry: REIT - Diversified
Country: United States