secwatch.observer — SEC 8-K summary
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Issuer:     ACADIA REALTY TRUST (AKR)
CIK:        0000899629
Form:       8-K
Filed at:   2022-05-05T23:59:59+00:00
Accession:  0000950170-22-007847
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Acadia Realty Trust Q1 2022 earnings beat; raises FFO guidance
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- GAAP EPS $0.18, FFO per share $0.36, FFO Before Special Items $0.33; above expectations.
- Same-property NOI increased 9.7% YoY; Core Portfolio leased rate rose to 94.1% from 93.2%.
- Completed ~$380M in investments: $250M Core street acquisitions, $130M Fund V buy.
- Raised 2022 FFO Before Special Items guidance to $1.17-$1.32 from $1.15-$1.31.
- Raised $123.9M via ATM at ~$22.50/share; entered $175M five-year term loan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/899629/000095017022007847/0000950170-22-007847-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/899629/000095017022007847/akr-20220502.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-007847

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer