---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-037166"
form_type: "8-K"
ticker: "AKR"
cik: "0000899629"
company_name: "ACADIA REALTY TRUST"
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T16:00:02.391136+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Acadia Realty Q2 NAREIT FFO $0.37 beats; raises FY guidance to $1.28-$1.36

## Summary
- NAREIT FFO per share $0.37 vs $0.23 YoY; FFO Before Special Items $0.36 vs $0.32.
- Same-property NOI up 5.0% in Core Portfolio; GAAP leasing spreads 21.6%, cash 13.1%.
- Non-recurring $7.8M gain from Bed Bath & Beyond lease termination; guidance increased $0.02-$0.03 on leasing/collections.
- Core Portfolio 95.2% leased; Fund V acquired $49.4M Tampa property post-quarter.
- ~96% of core debt fixed at 4.28% blended rate; only 3.7% maturing in 2023.

## SEC filing metadata
- accession: 0000950170-23-037166
- form_type: 8-K
- ticker: AKR
- cik: 0000899629
- company_name: ACADIA REALTY TRUST
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/899629/000095017023037166/0000950170-23-037166-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/899629/000095017023037166/akr-20230801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-037166
- JSON: https://secwatch.observer/filing/0000950170-23-037166.json
- Plain text: https://secwatch.observer/filing/0000950170-23-037166.txt

## Key facts
- Earnings Releases
  ACADIA REALTY TRUST reported the quarter ended June 30, 2023 results: EPS $0.09. Guidance raised.
  - Period: the quarter ended June 30, 2023
  - EPS: $0.09
  - Guidance: raised
  - Result: reported results
  source text: Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) today reported operating results for the quarter ended June 30, 2023. For the quarter ended June 30, 2023, net earnings per share was $0.09.
  evidence_url: https://www.sec.gov/Archives/edgar/data/899629/000095017023037166/0000950170-23-037166-index.htm
- Earnings Releases
  ACADIA REALTY TRUST reported the six months ended June 30, 2023 results: EPS $0.23. Guidance raised.
  - Period: the six months ended June 30, 2023
  - EPS: $0.23
  - Guidance: raised
  - Result: reported results
  source text: and for the six months ended June 30, 2023, net earnings per share was $0.23.
  evidence_url: https://www.sec.gov/Archives/edgar/data/899629/000095017023037166/0000950170-23-037166-index.htm

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