secwatch.observer — SEC 8-K summary
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Issuer:     ACADIA REALTY TRUST (AKR)
CIK:        0000899629
Form:       8-K
Filed at:   2025-07-29T23:59:59+00:00
Accession:  0000950170-25-099653
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud

Acadia Realty Trust Reports Q2 2025 Operating Results with FFO Growth and Accretive Acquisitions
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- Reported Q2 2025 GAAP net earnings of $0.01 per share; NAREIT FFO increased to $0.27 per share from $0.25 in Q2 2024.
- Reaffirmed Core Same Property NOI Growth guidance of 5-6%; achieved 4.2% growth in Q2; Core occupancy rose 50 bps to 92.2%.
- Completed $157 million of accretive Core Street Retail acquisitions in Q2, including properties in Williamsburg and Flatiron/Union Square.
- Executed a 35,000 sq ft lease with LA Fitness (Club Studio) at 555 9th Street in San Francisco, California.
- Entered a new $250M delayed draw term loan at ~4.6% all-in rate; Net Debt-to-EBITDA improved to 5.5x from 6.3x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/899629/000095017025099653/0000950170-25-099653-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/899629/000095017025099653/akr-20250729.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-099653

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