secwatch.observer — SEC 8-K summary
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Issuer:     ACADIA REALTY TRUST (AKR)
CIK:        0000899629
Form:       8-K
Filed at:   2025-04-29T23:59:59+00:00
Accession:  0000950170-25-060243
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/899629/000095017025060243/0000950170-25-060243-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/899629/000095017025060243/akr-20250429.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-060243

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