secwatch.observer — SEC 8-K summary
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Issuer:     ACADIA REALTY TRUST (AKR)
CIK:        0000899629
Form:       8-K
Filed at:   2023-02-21T23:59:59+00:00
Accession:  0000950170-23-003255
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Acadia Realty Trust reports Q4 2022 FFO Before Special Items $0.27; guides 2023 FFO $1.17-$1.26
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- Q4 2022 NAREIT FFO $0.21/share; FFO Before Special Items $0.27/share; net income $3.8M ($0.04/share).
- Full year 2022 net loss $38.1M ($0.40/share) due to $58.5M impairment and $15.2M unrealized loss on Albertsons.
- Core Portfolio same-property NOI growth 5.7% in Q4 and 6.3% for full year, exceeding 4-6% guidance.
- Leased rate 94.9%, occupied 92.7% as of Dec 31, 2022; GAAP leasing spreads 10.2% on renewals.
- 2023 guidance: EPS $0.14-$0.23, FFO Before Special Items $1.17-$1.26, same-property NOI growth 5-6%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/899629/000095017023003255/0000950170-23-003255-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/899629/000095017023003255/akr-20230214.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-003255

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