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Armada Hoffler Properties Inc (AHH) Q1 2021 Earnings Call Transcript

Operator
Welcome to Armada Hoffler s First Quarter 2021 Earnings Conference Call. [Operator Instructions] After Management s prepared remarks, you ll be invited to participate in a question-and-answer session. [Operator Instructions]
I would now turn the conference over to Mr. Michael O Hara, Chief Financial Officer at Armada Hoffler. Please go ahead, sir.
Michael P. O Hara
Chief Financial Officer
Good morning, and thank you for joining Armada Hoffler s first quarter 2021 earnings conference call and webcast. On the call this morning, in addition to myself, is Lou Haddad, CEO. The press release announcing our first quarter earnings along with our quarterly supplemental package were distributed this morning. Replay of this call will be available shortly after the conclusion of the call through June 4, 2021. The numbers to access the replay are provided in the earnings press release. For those who listen to the rebroadcast of this presentation, remind you that ....

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Regal Cinemas Harrisonburg To Reopen | NewsRadio WKCY

By Steve Knupp
Feb 17, 2021
Last October, the leasing company that owns the Regal theater property off University Blvd in Harrisonburg announced that following Regal’s default they decided to terminate the lease with Regal in Harrisonburg and at a Virginia Beach location.
But in a February 11, 2021, Armada Hoffler Properties, Inc., earnings call, it was revealed that the Harrisonburg Regal lease had been renegotiated and that Regal would reopen. In notes from the call.
.In Harrisonburg, they ve started paying rent again already. As it turned out, we might have mentioned this on the last earnings call, that movie theater in Harrisonburg is the only movie theater for a 100-mile radius. And so when we terminated that lease, Regal was anxious to be first in line to get back in. And so we re letting them in. It s going to be a ramped lease. Obviously, giving them some time to get fully open, hopefully, in the spring. But the biggest part of that negotiation was the ....

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Regal Cinemas Harrisonburg To Reopen

By Steve Knupp
Feb 17, 2021
Last October, the leasing company that owns the Regal theater property off University Blvd in Harrisonburg announced that following Regal’s default they decided to terminate the lease with Regal in Harrisonburg and at a Virginia Beach location.
But in a February 11, 2021, Armada Hoffler Properties, Inc., earnings call, it was revealed that the Harrisonburg Regal lease had been renegotiated and that Regal would reopen. In notes from the call.
.In Harrisonburg, they ve started paying rent again already. As it turned out, we might have mentioned this on the last earnings call, that movie theater in Harrisonburg is the only movie theater for a 100-mile radius. And so when we terminated that lease, Regal was anxious to be first in line to get back in. And so we re letting them in. It s going to be a ramped lease. Obviously, giving them some time to get fully open, hopefully, in the spring. But the biggest part of that negotiation was the ....

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Regal Cinemas Harrisonburg To Reopen

Regal Cinemas Harrisonburg To Reopen
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