---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-022055"
form_type: "8-K"
ticker: "AKR"
cik: "0000899629"
company_name: "ACADIA REALTY TRUST"
filed_at: "2022-11-04T23:59:59+00:00"
generated_at: "2026-06-22T07:28:44.759429+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Acadia Realty Q3 core FFO $0.28, net loss $0.61 on impairments; raises core FFO guidance

## Summary
- FFO Before Special Items per share $0.28, up from $0.27 YoY; NAREIT FFO $0.24 vs $0.41 due to Albertsons loss.
- Core Portfolio same-property NOI grew 5.4% in Q3, 6.6% YTD, above initial 4-6% guidance.
- Non-cash impairments of $58.5M ($0.58/share) on Chicago Magnificent Mile and San Francisco Union Square properties.
- FY 2022 FFO Before Special Items guidance raised to $1.28-$1.30; net loss guidance ($0.19)-($0.14).
- GAAP leasing spreads 27.4%, cash 21.2%; leased rate 94.3%; City Point ownership increased to 62%.

## SEC filing metadata
- accession: 0000950170-22-022055
- form_type: 8-K
- ticker: AKR
- cik: 0000899629
- company_name: ACADIA REALTY TRUST
- filed_at: 2022-11-04T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/899629/000095017022022055/0000950170-22-022055-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/899629/000095017022022055/akr-20221101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-022055
- JSON: https://secwatch.observer/filing/0000950170-22-022055.json
- Plain text: https://secwatch.observer/filing/0000950170-22-022055.txt

## Key facts
- Earnings Releases
  ACADIA REALTY TRUST reported the quarter and year-to-date period ended September 30, 2022 results: EPS net loss per share was $0.61 and for the nine months ended September 30, 2022, net loss per share was $0.43.
  - Period: the quarter and year-to-date period ended September 30, 2022
  - EPS: net loss per share was $0.61 and for the nine months ended September 30, 2022, net loss per share was $0.43
  - Result: reported results
  source text: On November 1, 2022, Acadia Realty Trust (the “Company”) issued a press release announcing its consolidated financial results for the quarter and year-to-date period ended September 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/899629/000095017022022055/0000950170-22-022055-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.