---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-000245"
form_type: "8-K"
ticker: "AKR"
cik: "0000899629"
company_name: "ACADIA REALTY TRUST"
filed_at: "2023-01-05T23:59:59+00:00"
generated_at: "2026-06-20T20:04:29.200105+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Acadia Realty cuts 2022 guidance by $0.11/share as Albertsons special dividend blocked by TRO

## Summary
- Albertsons' $6.85/share special dividend delayed by Washington temporary restraining order; hearing set for Jan 17, 2023.
- Acadia will not recognize its ~$0.11/share pro-rata dividend in FY 2022, reducing net loss guidance to ($0.30)–($0.25) per share.
- FFO Before Special Items guidance lowered to $1.17–$1.19 per share from $1.28–$1.30 previously.
- Other guidance assumptions (e.g., same-store NOI, acquisitions) remain unchanged.
- Albertsons and Kroger merger agreement remains in place; dividend resolution pending court review.

## SEC filing metadata
- accession: 0000950170-23-000245
- form_type: 8-K
- ticker: AKR
- cik: 0000899629
- company_name: ACADIA REALTY TRUST
- filed_at: 2023-01-05T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/899629/000095017023000245/0000950170-23-000245-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/899629/000095017023000245/akr-20230105.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-000245
- JSON: https://secwatch.observer/filing/0000950170-23-000245.json
- Plain text: https://secwatch.observer/filing/0000950170-23-000245.txt

## Key facts
- Earnings Releases
  ACADIA REALTY TRUST reported fiscal year 2022 results: EPS ($0.30) to ($0.25) per share attributable to Common Shareholders. Guidance lowered.
  - Period: fiscal year 2022
  - EPS: ($0.30) to ($0.25) per share attributable to Common Shareholders
  - Guidance: lowered
  - Result: guidance update
  source text: Acadia will not recognize its share of the Special Dividend in fiscal year 2022 and is therefore reducing its full year 2022 guidance for (i) Net (loss) earnings; (ii) NAREIT Funds from operations; (iii) Net Promote and other Core and Fund profits and (iv) Funds from operations Before Special Items each by $0.11 per share attributable to Common Shareholders and Common OP Unit Holders.
  evidence_url: https://www.sec.gov/Archives/edgar/data/899629/000095017023000245/0000950170-23-000245-index.htm

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