Acadia Realty Trust

Acadia Realty Trust is a real estate investment trust, which engages in delivering operating platforms and investment strategy. It operates through the following business segments: Core Portfolio, Funds, and Structured Financing. The Core Portfolio segment consists of retail properties. The Funds segment handles retail real estate. The Structured Financing segment involves earnings and expenses related to notes and mortgages receivable which are held within the Core Portfolio or the Funds. The company was founded by Kenneth F. Bernstein in 1964 and is headquartered in Rye, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Acadia Realty Trust reports strong Q4 results and outlines growth opportunities

Acadia Realty Trust's Q4 performance reflects positive financial growth and operational progress.
Despite challenges in the macroeconomic environment, the company remains optimistic about internal growth.
Opportunities in urban market recovery and redevelopment projects offer avenues for future expansion.
The company aims to simplify its fund business for shareholders while maintaining profitability.

Acadia Realty Trust (AKR) reports strong Q1 performance and eyes growth opportunities

Acadia Realty Trust (AKR) delivered a robust performance in Q1 2023, showcasing strong same-property NOI growth and successful earnings. The company's strategic focus on high-growth street assets, suburban properties, and prudent leasing strategies positions it well for future growth opportunities. While facing challenges from external factors and market uncertainties, Acadia Realty Trust remains optimistic about its long-term growth prospects.

Acadia Realty Trust surpasses earnings forecasts, anticipates accelerated growth

Acadia Realty Trust's Q2 performance exceeded expectations with strong leasing activity and NOI growth. Despite challenges in transactional activity, the company's balance sheet strength and growth opportunities position it well for future success.

Acadia Realty Trust (AKR) reports strong Q3 earnings and projects growth opportunities for 2024

Acadia Realty Trust (AKR) demonstrates strong performance with notable leasing activity and earnings growth. The company faces challenges in reducing exposure in certain markets and managing costs associated with leases. Opportunities exist in acquiring assets at favorable rents and driving same-store NOI growth.

Acadia Realty Trust excels in 2023, eyes street retail growth

Acadia Realty Trust's strong 2023 performance and strategic focus on street retail and external growth opportunities position it well for continued success. Management's emphasis on top-line growth translating into bottom-line earnings growth reflects a sound business strategy. The company's optimistic outlook for above-trend growth and capital recycling initiatives underscore its commitment to creating shareholder value.

Acadia Realty Trust excels in Q1, eyes growth amid retail evolution

Acadia Realty Trust's Q1 performance reflects resilience and growth in street retail, with a focus on maximizing value and strategic investments for future expansion.
The company faces challenges in navigating occupancy fluctuations and industry shakeouts but is well-positioned to capitalize on opportunities through differentiated strategies.
Opportunities lie in external growth initiatives, institutional partnerships, and adapting to omnichannel retail trends, signaling a proactive approach to driving profitability.

Acadia Realty Trust (AKR) reports strong Q3 performance and growth outlook

Acadia Realty Trust (AKR) demonstrates robust performance driven by acquisitions, internal growth, and a strong balance sheet.
While facing challenges in competition and occupancy costs, the company remains optimistic about growth opportunities in high-demand markets.
Management's proactive approach to maximizing shareholder value through strategic initiatives positions the company for long-term success.
Overall, Acadia Realty Trust (AKR) shows resilience and potential for sustained growth in the real estate sector.

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RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE:AKR) (“Acadia” or the “Company”) today announced that its Board of Trustees (“Board”) has declared a cash dividend of $0.15 per common share for the quarter ended December 31, 2021, payable on January 14, 2022 to holders of record as of December 31, 2021. About Acadia Realty Trust Acadia Realty Trust is an equity real estate investment trust focused on delivering long-term, profitable growth via its dual – Core Portfolio and Fund – operating

Acadia Realty Trust Announces $0.15 Per Share Quarterly Dividend

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Retail REITs: Revisited And Reconsidered

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We're at the halfway point of another newsworthy real estate earnings season with roughly 75 REITs reporting third quarter results. We discuss the highlights and major developments thus far.

Rents Are Absolutely Soaring

Acadia Realty Trust (AKR) CEO Ken Bernstein on Q3 2021 Results - Earnings Call Transcript

Acadia Realty Trust (AKR) delivered FFO and revenue surprises of 0.00% and -1.02%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Acadia Realty Trust (AKR) Q3 FFO Match Estimates

RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) today reported operating results for the quarter and year-to-date period ended September 30, 2021. All per share amounts are on a fully-diluted basis, where applicable. Acadia operates dual platforms, comprised of a high-quality core real estate portfolio (“Core Portfolio”), through which the Company owns and operates retail assets in the nation's most dynamic corridors, and a series of discretionary, instit

Acadia Realty Trust Reports Third Quarter 2021 Operating Results

Acadia Realty (AKR) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Should You Buy Acadia Realty (AKR) Ahead of Earnings?

RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE: AKR) will release its third quarter 2021 earnings on Tuesday, October 26, 2021 after market close. Management will conduct a conference call on Wednesday, October 27, 2021 at 11:00 AM ET to review the Company's earnings and operating results. Dial-in and webcast information is listed below.   Live Conference Call:   Date: Wednesday, October 27, 2021 Time: 11:00 AM ET Dial#: 844-309-6711 Passcode: “Acadia Realty” or “7193085” Webcast (Listen

Acadia Realty Trust to Announce Third Quarter 2021 Earnings on October 26, 2021

RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) announced that the Company completed approximately $96 million of Fund V acquisitions and a $42 million Core Structured Financing investment. The Company will participate virtually at the Bank of America Securities Global Real Estate 2021 Conference on September 21-22, 2021. “We are excited to add two new Fund V acquisitions and a Core Structured Financing investment as we continue to expand our portfolio wi

Acadia Realty Trust Provides Acquisitions Update and Will Participate at Bank of America Securities Global Real Estate Conference 2021

RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company) today announced that the Company will participate virtually at the Bank of America Securities Global Real Estate 2021 Conference on September 21-22, 2021. Kenneth F. Bernstein, Acadia's President and Chief Executive Officer, is scheduled to make a Company presentation on Tuesday, September 21, 2021 at 9:45 a.m. ET. Acadia will also host individual virtual meetings with investors during the conference. The Com

Acadia Realty Trust to Participate at Bank of America Securities Global Real Estate Conference 2021

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Big Box Is Back: The COVID pandemic has radically transformed consumer spending habits - perhaps permanently - shifting spending towards goods over services and towards larger-format retailers over smaller shops. While enclosed regional malls face a long and uncertain road to recovery, the outlook for open-air Shopping Center REITs has brightened considerably this year. Recent earnings results have been impressive.

Shopping Center REITs: Big Box Boom

Acadia Realty Trust posted another solid quarter, with headline FFO reaching $0.30/share. The robust leasing pipeline and the strong balance sheet create an attractive setup for the upcoming quarters.

Acadia Realty Trust: A Reopening Trade With More Room To Run

Acadia Realty Trust (AKR) CEO Ken Bernstein on Q2 2021 Results - Earnings Call Transcript

Acadia Realty Trust (AKR) delivered FFO and revenue surprises of 15.38% and 10.12%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Acadia Realty Trust (AKR) Q2 FFO and Revenues Beat Estimates

RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) today reported operating results for the quarter and year-to-date period ended June 30, 2021. All per share amounts are on a fully-diluted basis, where applicable. Acadia operates dual platforms, comprised of a high-quality core real estate portfolio (“Core Portfolio”), through which the Company owns and operates retail assets in the nation's most dynamic corridors, and a series of discretionary, institution

Acadia Realty Trust Reports Second Quarter 2021 Operating Results

RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE: AKR) will release its second quarter 2021 earnings on Wednesday, July 28, 2021 after market close. Management will conduct a conference call on Thursday, July 29, 2021 at 11:00 AM ET to review the Company's earnings and operating results. Dial-in and webcast information is listed below. Live Conference Call:   Date: Thursday, July 29, 2021 Time: 11:00 AM ET Dial#: 844-309-6711 Passcode: “Acadia Realty” or “9089155” Webcast (Listen-only): ww

Acadia Realty Trust to Announce Second Quarter 2021 Earnings on July 28, 2021

RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE: AKR) (the “Company”) announced today that it closed on a $700 million amended and restated credit facility, which replaces the Company's existing $600 million credit facility. The amended and restated credit facility provides for an increase in the Company's existing revolving credit facility from $250 million to $300 million and an increase in the Company's existing term loan facility from $350 million to $400 million. The amended and rest

Acadia Realty Trust Announces an Expanded $700 Million Senior Unsecured Revolving Credit Facility and Term Loan Facility

RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) provided a leasing and operations update and announced that it will participate in NAREIT's REITweek®: 2021 Investor Conference. Leasing Update Core leasing pipeline has increased to over $12.0 million, with approximately 50% of the leases signed to date. The Company signed key street leases with Grand Seiko in Soho, New York, The Real Real in Greenwich, Connecticut and Everlane in Washington, D.C. Approxima

Acadia Realty Trust Provides Leasing and Operations Update and Will Present At NAREIT'S REITweek®: 2021 Investor Conference

Acadia Realty Trust's (AKR) CEO Ken Bernstein on Q1 2021 Results - Earnings Call Transcript

Acadia Realty Trust (AKR) delivered FFO and revenue surprises of 8.70% and 5.46%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Acadia Realty Trust (AKR) Q1 FFO and Revenues Top Estimates

RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) today reported operating results for the quarter ended March 31, 2021. All per share amounts are on a fully-diluted basis, where applicable. Acadia operates dual platforms, comprised of a high-quality core real estate portfolio (“Core Portfolio”), through which the Company owns and operates retail assets in the nation's most dynamic corridors, and a series of discretionary, institutional funds (“Funds”) that

Acadia Realty Trust Reports First Quarter 2021 Operating Results

RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE: AKR) will release its first quarter 2021 earnings on Wednesday, April 28, 2021 after market close. Management will conduct a conference call on Thursday, April 29, 2021 at 11:00 AM ET to review the Company's earnings and operating results. Dial-in and webcast information is listed below. Live Conference Call: Date: Thursday, April 29, 2021 Time: 11:00 AM ET Dial#: 844-309-6711 Passcode: “Acadia Realty” or “7162814” Webcast (Listen-only): ww

Acadia Realty Trust to Announce First Quarter 2021 Earnings on April 28, 2021

RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE:AKR) (“Acadia” or the “Company”) today announced that its Board of Trustees (“Board”) has declared a cash dividend of $0.15 per common share for the quarter ended March 31, 2021, payable on April 15, 2021 to holders of record as of March 31, 2021. As previously announced, the Board temporarily suspended distributions on its common shares and common units from the second quarter 2020 through the fourth quarter 2020. About Acadia Realty Trust

Acadia Realty Trust Announces Reinstatement of Quarterly Dividend

RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE:AKR) (“Acadia” or the “Company”) today announced that it will participate in the Citi 2021 Virtual Global Property CEO Conference, which will be held virtually on March 8-11, 2021. Kenneth F. Bernstein, Acadia's President and Chief Executive Officer, is scheduled to make a company presentation on Wednesday, March 10, 2021 at 3:30 p.m. ET. Acadia will also host individual virtual meetings with investors during the conference. The Company's pr

Acadia Realty Trust to Present at the Citi 2021 Virtual Global Property CEO Conference

RYE, NY--(BUSINESS WIRE)--Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) today announced the election by the board of trustees of the Company (the “Board”) of Kenneth A. McIntyre as an independent trustee, effective March 1, 2021. Mr. McIntyre was also appointed to the Nominating and Corporate Governance Committee of the Board. This election expands Acadia's Board to nine trustees, eight of whom are independent. Mr. McIntyre has over 25 years of experience in the commercial real es

Acadia Realty Trust Appoints Kenneth A. McIntyre to the Board of Trustees

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