secwatch.observer — SEC 8-K summary
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Issuer:     ACADIA REALTY TRUST (AKR)
CIK:        0000899629
Form:       8-K
Filed at:   2023-01-05T23:59:59+00:00
Accession:  0000950170-23-000245
Event type: other_material
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/899629/000095017023000245/0000950170-23-000245-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/899629/000095017023000245/akr-20230105.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-000245

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