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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 5, 2026
AH REALTY TRUST, INC.
(Exact name of registrant as specified in its charter)
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| Maryland | | 001-35908 | | 46-1214914 |
| (State or other jurisdiction of incorporation) | | (Commission File Number) | | (IRS Employer Identification No.) |
| | | | | | | | | | | | | | | | | |
| 4605 Columbus St. | , | | | |
| Virginia Beach | , | Virginia | | 23462 |
| (Address of principal executive offices) | | (Zip Code) |
Registrant’s telephone number, including area code: (757) 366-4000
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act: | | | | | | | | | | | | | | |
| Title of each class | | Trading Symbol(s) | | Name of each exchange on which registered |
| Common Stock, $0.01 par value per share | | AHRT | | New York Stock Exchange |
| 6.75% Series A Cumulative Redeemable Perpetual Preferred Stock, $0.01 par value per share | | AHRTPrA | | New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain
Officers; Compensatory Arrangements of Certain Officers.
Resignation of Daniel A. Hoffler as a Member of the Board of Directors
On November 5, 2026, Daniel A. Hoffler informed the board of directors (the “Board”) of AH Realty Trust, Inc. (the “Company”) of his resignation as a member of the Board, effective immediately. Mr. Hoffler’s resignation was not the result of any disagreements with the Company on any matter relating to the Company’s operations, policies or practices.
Appointment of David Z. Hirsh as a Member of the Board of Directors
On November 5, 2026, the Board appointed David Z. Hirsh as an independent director, effective immediately, to fill the vacancy created by Mr. Hoffler’s resignation from the Board. Mr. Hirsh will serve until the Company’s 2027 annual meeting of stockholders or until his successor is duly elected and qualifies.
The Board affirmatively determined that Mr. Hirsh is an independent director within the meaning of the New York Stock Exchange listing standards. Mr. Hirsh has not been named to any Board committees at this time.
Mr. Hirsh, age 63, is a seasoned real estate investor with more than 30 years of experience across multiple real estate product types in most major U.S. markets. He is a former Managing Director at Blackstone Inc., where he spent approximately 16 years in the firm’s Real Estate Asset Management Group until his retirement in January 2018. During his tenure at Blackstone, his responsibilities included the day-to-day oversight and strategic management of Equity Office Properties, IndCor Industrial Properties, and the LXR Hotels and Resorts portfolio, as well as several investments in the retail and senior housing sectors. Prior to joining Blackstone, Mr. Hirsh spent approximately 15 years at Citigroup Inc., including six years in real estate asset management, where he led the hotel group, and five years in corporate finance specializing in corporate real estate and project lending. Mr. Hirsh currently serves as an independent director of Comstock Holding Companies, Inc. (Nasdaq: CHCI) and Seaport Entertainment Group Inc. (NYSE American: SEG) and previously served on the board of directors of SILVERspac Inc. (Nasdaq: SLVR) from September 2021 to September 2023. He has been an Independent Advisor to Townhouse Partners, a global real estate industry consulting provider, since December 2024 and from January 2022 to December 2024 served as Vice Chairman of Sterling Investors, a real estate investment firm that he joined in April 2020 as a Senior Advisor. Mr. Hirsh is also an Adjunct Professor and Vice Chair of the Advisory Board at the New York University Schack Institute of Real Estate. Mr. Hirsh earned a B.B.A. in Public Accounting from Pace University and an M.S. in Real Estate Development and Investment from New York University. The Company believes Mr. Hirsh's extensive experience in commercial real estate asset management and investment, together with his background in public accounting and capital markets, qualify him to serve as a member of our Board
Mr. Hirsh’s compensation as a director will be consistent with the compensation policies applicable to the Company’s other non-employee directors. Mr. Hirsh also is expected to enter into an indemnification agreement with the Company substantially in the form attached as Exhibit 10.4 to Amendment No. 1 to the Company’s Annual Report on Form 10‑K for the year ended December 31, 2025, filed on February 27, 2026.
Item 7.01 Regulation FD Disclosure.
On November 9, 2026, the Company issued a press release announcing the resignation of Mr. Hoffler and the appointment of Mr. Hirsh. A copy of the press release is attached hereto as Exhibit 99.1 to this report and is incorporated in this Item 7.01 by reference.
The information contained in Item 7.01 of this Current Report on Form 8-K (including Exhibit 99.1 attached hereto) shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly provided by specific reference in such a filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| | | | | | | | |
Exhibit No. | | Description |
| 99.1 | | Press Release, dated November 9, 2026. |
| 104 | | Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| AH REALTY TRUST, INC. |
| |
| Date: November 9, 2026 | By: | /s/ Matthew Barnes-Smith |
| Matthew Barnes-Smith |
| Chief Financial Officer and Treasurer |
| | |
| AHRT Board Announcement Release |
AH Realty Trust Continues Refreshment of its Board of Directors to Support Ongoing Transformation
Founder Daniel Hoffler Retires from the Board
Board Appoints David Hirsh as New Independent Director
VIRGINIA BEACH, Va., November 9, 2026 – AH Realty Trust (NYSE: AHRT) (“AHRT” or the “Company”) today announced that Daniel (“Dan”) Hoffler, the founder of AHRT, has retired from the Company’s Board of Directors (the “Board”), effective November 6, 2026. Also effective November 6, the Board has appointed David Hirsh as an independent director. These changes represent the latest steps in the Board’s ongoing refreshment process.
“On behalf of the Board and everyone at AH Realty Trust, I thank Dan for his contributions over the years,” said Shawn Tibbetts, Chairman, President and Chief Executive Officer of AH Realty Trust. “Dan’s vision of a vertically integrated real estate company enabled AH Realty Trust to evolve into the company it is today. We are grateful for his leadership and many years of service and wish him all the best.”
Tibbetts continued, “David’s appointment is another step in our ongoing Board refreshment process, which reflects our commitment to strong governance and to ensuring the Board’s composition evolves alongside our Company. David is a respected industry leader with skills and expertise that are highly relevant to our business and transformation strategy, and we are pleased to welcome him to the Board. His experience in real estate investing and portfolio management, including strategic oversight of large, complex portfolios, will be particularly valuable as we focus on operational excellence, maximizing the performance of our high-quality portfolio and continuing to drive long-term value for stockholders.”
Mr. Hoffler said, “It has been a privilege to serve on the Board of the company I founded, and I am grateful to the many people who have contributed to its success over the years. I have great confidence in the leadership team and believe AH Realty Trust is well positioned for its next chapter.”
About David Hirsh
David Hirsh is an accomplished real estate investor with more than three decades of experience across major real estate asset classes and U.S. markets, having completed more than $30 billion in transactions over the course of his career. Prior to his retirement in 2018, he spent 16 years in Blackstone’s Real Estate Asset Management Group, where his responsibilities included the oversight and strategic management of Equity Office Properties, IndCor Industrial Properties and the LXR Hotels and Resorts portfolio, as well as investments across the retail and senior housing sectors.
Earlier in his career, Mr. Hirsh spent 15 years at Citigroup, including six years in real estate asset management, where he led the hotel group, and five years in corporate finance specializing in corporate real estate and project lending. He also currently serves on the board of directors of Seaport Entertainment Group Inc. (NYSE: SEG) and Comstock Holding Companies, Inc. (Nasdaq: CHCI).
Mr. Hirsh holds a B.B.A. from Pace University and an M.S. from New York University.
About AH Realty Trust
AH Realty Trust (NYSE: AHRT) is a real estate investment trust (“REIT”) with over four decades of experience. The Company owns and operates high-quality retail and mixed-use office assets located primarily in the Mid-Atlantic and Southeastern United States. AH Realty Trust focuses on disciplined capital allocation and value creation for shareholders. For more information visit AHRealtyTrust.com.
Contact:
Chelsea Forrest
AH Realty Trust
EVP of Investor Relations and Administration
Email: chelsea.forrest@ahrealtytrust.com
