secwatch.observer — SEC 8-K summary
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Issuer:     ACADIA REALTY TRUST (AKR)
CIK:        0000899629
Form:       8-K
Filed at:   2022-02-17T23:59:59+00:00
Accession:  0000950170-22-001395
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Acadia Realty Q4 FFO before special items $0.29/sh beats; dividend raised 20% to $0.18; 2022 FFO guidance $1.15-1.31
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- Q4 GAAP EPS $0.03, FFO $0.28/sh, FFO before special items $0.29/sh; same-property NOI up 3.2%.
- Board increased quarterly dividend 20% to $0.18/share, payable April 14 to holders of record March 31.
- 2022 guidance: EPS $0.19-0.32, FFO before special items $1.15-1.31, same-property NOI growth 4%-6%.
- Completed ~$138M of acquisitions in Q4/early 2022: Core $66M (Street retail) and Fund V $72M (grocery-anchored).
- Core Portfolio GAAP leasing spreads 59.9%, cash 49.5%; leased rate rose to 93.2% from 92.6% prior quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/899629/000095017022001395/0000950170-22-001395-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/899629/000095017022001395/akr-20220215.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-001395

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