July 28, 2020

Armada Hoffler Properties’ Student Housing Portfolio 95% Pre-leased

Armada Hoffler Properties, Inc. (NYSE: AHH) today provided a leasing update on its student housing properties. As of July 27, the Company’s student housing portfolio is 95% pre-leased for the 2020-2021 academic year.

 

  • Hoffler Place in Charleston, South Carolina is 100% pre-leased.
  • Summit Place in Charleston, South Carolina is 97% pre-leased.
  • Johns Hopkins Village (Nine East 33rd) in Baltimore, Maryland is 91% pre-leased.

 

“I am pleased to report that all three of our student housing assets will be essentially fully occupied for the coming school year,” said Louis Haddad, President and Chief Executive Officer. “Both of our Charleston properties, including the newly-delivered Summit Place, are effectively 100% pre-leased and at Johns Hopkins, we have ample prospects for the remaining available beds. Our Class-A communities strive to provide clean, safe, and healthy living environments for returning students. As part of the Johns Hopkins University and College of Charleston communities, we are excited to welcome students back to campus.”

Armada Hoffler Announces Student Housing Portfolio 95 Percent Pre-Leased for Fall Semester

Recommended Articles

UPDATE AS OF June 1, 2020: At Armada Hoffler, our goal remains the safety and well-being of our employees, their families and all of our stakeholder groups.  In response to the ongoing COVID-19 pandemic, our offices have pivoted to a phased-in approach consisting of remote work and in office work. We are working every day to remain consistent with guidelines and protocol issued by the state authorities. Implementation of contingency plans for unseen circumstances such as this, allow our employees to conduct business as usual, regardless of office location. We are committed to providing the same support to our partners and tenants as well as continued communication for our investors. We have always been dedicated to the communities around us and devoted to do our part to keep them safe. We will continue to monitor the situation as it progresses and provide updates as needed.