AH Realty Trust completed the disposition of nine of its 14 multifamily properties on May 20, 2026, referred to as the "First Closing." The aggregate gross proceeds from the First Closing totaled approximately $485.0 million. These nine properties are part of a larger agreement to sell 11 multifamily properties for an aggregate purchase price of approximately $562.0 million to affiliates of Harbor Group International, LLC (HGI). Approximately $465 million of the proceeds from the First Closing were used to pay down debt, including mortgages secured by specific properties and borrowings on the revolving credit facility. Two remaining multifamily properties, Greenside and Premier, are still under contract to HGI for an additional $77.0 million ($50.0 million for Greenside and $27.0 million for Premier). The Company expects to close the Greenside sale by the end of 2026 and the Premier sale by mid-2027. This disposition is a significant step in the Company's transformation to focus on its high-quality retail and mixed-use office portfolio.