AMERICAN EQUITY

American Equity: H6 Has Already Received Value, When Does The Cash Arrive?

H6 has already crossed the valuation-credit stage, but not yet the cash-credit stage. At year-end 2025 the asset is worth $109 million, while the core Kessler rent only starts in August 2027 and the interim still carries free rent, TI, and base-building work.

Follow-up

American Equity: How Series B And The January 2026 Asset Package Change The Bond Picture

Series B replaced immediate funding pressure with a more secure bond structure, but part of the opening cushion still rests on appraisals and cash that may also be needed to finish lease-up at Governors Pointe.

American Equity: NOI Is Improving, But H6 and Financing Still Delay the Proof Point

American Equity is showing real improvement in NOI and in the underlying property base even before Series B is absorbed, but 2026 will be judged mainly on whether that improvement turns into financing flexibility. H6 has already received heavy valuation credit while the refinanc…