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PINE - Armada Hoffler Properties: A Reasonable REIT With A Focus On Diverse Real Estate
Alpine Income Property Trust Inc
Armada Hoffler Properties has done well to generate attractive and growing cash flows in recent years, despite the volatility of some of its operations.
The company's rising occupancy rates are bullish and shares are priced at reasonable levels.
Relative to peers, though, the business does look closer to being fairly valued at this time.