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.”