Armada Hoffler Properties, Inc. Announces Addition of Dennis Gartman to Board of Directors
July 13, 2022 at 06:00 am EDT
Share
Armada Hoffler Properties, Inc. announced that Dennis Gartman renowned investor, economist, and longtime publisher of The Gartman Letter has joined the Company's Board of Directors. He will be the sixth independent member of the Board. Gartman was an economist for Cotton, Inc., where he analyzed supply and demand in the U.S. textile industry. He later moved to NCNB National Bank in Charlotte, North Carolina, where he traded foreign exchange and money market instruments. Subsequently, Gartman became the Chief Financial Futures analyst for A.G. Becker & Company in Chicago, Illinois, and acted as an independent member of the Chicago Board of Trade.
Later, Gartman led the futures brokerage operation at Sovran Bank. Beginning in 1987, he began publishing The Gartman Letter which ran continuously through 2019. From 2006-2008, he served as an outside Director of the Kansas City Board of Trade. Gartman currently chairs the Investment/Endowment Committee at the University of Akron Foundation and serves on a similar committee at North Carolina State University.
Armada Hoffler Properties, Inc. is a vertically integrated, self-managed real estate investment trust (REIT). The Company is engaged in developing, building, acquiring, and managing office, retail and multifamily properties located primarily in the Mid-Atlantic & Southeastern United States. The Company operates through five segments: office real estate, retail real estate, multifamily real estate, general contracting & real estate services, and real estate financing. The Company's general contracting, and real estate services business develops and builds properties for its own account and provides construction and development services to both related and third parties. The real estate financing segment includes the Company's mezzanine loans and preferred equity investments on development projects. The Company also provides general construction and development services to third-party clients, in addition to developing and building properties to be placed in their stabilized portfolio.