secwatch.observer — SEC 8-K summary
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Issuer:     ACADIA REALTY TRUST (AKR)
CIK:        0000899629
Form:       8-K
Filed at:   2024-02-13T23:59:59+00:00
Accession:  0000950170-24-014635
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 net loss $0.02/sh; full-year NOI +5.8%
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- Full-year 2023 same-property NOI growth 5.8%; new lease cash rent spreads 44%.
- Q4 NAREIT FFO $0.26/sh; FFO Before Special Items $0.28/sh.
- 2024 guidance: FFO Before Special Items $1.24-$1.32/sh, same-property NOI growth 5-6%.
- Post-quarter equity raise of ~$113M net proceeds from 6.9M shares.
- Core portfolio 95.0% leased, 93.0% occupied as of Dec 31, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/899629/000095017024014635/0000950170-24-014635-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/899629/000095017024014635/akr-20240213.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-014635

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