secwatch.observer — SEC 8-K summary
======================================

Issuer:     ACADIA REALTY TRUST (AKR)
CIK:        0000899629
Form:       8-K
Filed at:   2024-10-28T23:59:59+00:00
Accession:  0000950170-24-117581
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Acadia Realty Q3 FFO $0.32/share; Core same-property NOI +5.9%; $150M accretive acquisitions closed
--------------------------------------------------------------------------------

- GAAP net earnings $0.07 per share; FFO before special items $0.32 per share (includes $0.02 realized gain on Albertsons stock).
- Core same-property NOI grew 5.9% YoY; Core occupancy 94.7% leased, 91.7% occupied.
- Completed ~$150M of Core and Investment Management acquisitions; pipeline increased to ~$425M.
- Raised ~$320M of common equity; expanded credit facility to $525M; repaid $175M term loan; issued $100M private notes.
- Core Signed Not Open pipeline increased to ~$10M ABR (7% of in-place rents); record new lease volume of $7M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/899629/000095017024117581/0000950170-24-117581-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/899629/000095017024117581/akr-20241028.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-117581

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer