---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-060243"
form_type: "8-K"
ticker: "AKR"
cik: "0000899629"
company_name: "ACADIA REALTY TRUST"
filed_at: "2025-04-29T23:59:59+00:00"
generated_at: "2026-05-23T04:33:23.860727+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Acadia Q1 FFO before special items $0.34, same-property NOI up 4.1%, raises FY guidance

## Summary
- GAAP net earnings $0.01/share; FFO Before Special Items $0.34/share vs $0.33 prior year.
- Core same-property NOI growth 4.1% (street portfolio 6.8%); full-year 5-6% guidance reaffirmed.
- Completed $373M of accretive Core and Investment Management transactions YTD.
- SNO pipeline increased to $8.9M (~6% of ABR); GAAP/cash leasing spreads 71%/59% on new leases.
- Raised 2025 NAREIT FFO guidance to $1.22-$1.26 and FFO Before Special Items to $1.32-$1.39.

## SEC filing metadata
- accession: 0000950170-25-060243
- form_type: 8-K
- ticker: AKR
- cik: 0000899629
- company_name: ACADIA REALTY TRUST
- filed_at: 2025-04-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/899629/000095017025060243/0000950170-25-060243-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/899629/000095017025060243/akr-20250429.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-060243
- JSON: https://secwatch.observer/filing/0000950170-25-060243.json
- Plain text: https://secwatch.observer/filing/0000950170-25-060243.txt

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