---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-045244"
form_type: "8-K"
ticker: "AKR"
cik: "0000899629"
company_name: "ACADIA REALTY TRUST"
filed_at: "2026-04-20T23:59:59+00:00"
generated_at: "2026-05-15T05:25:54.620747+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Acadia Realty closes amended $525M revolver extended to 2030, adds $137.5M term loan

## Summary
- Revolver capacity $525M, maturity extended from Apr 2028 to Apr 2030, with two 6-month extension options.
- New $137.5M term loan A-3 added, maturing Apr 2031; existing $400M term loan increased to $512.5M and extended to Apr 2031.
- Term loan A-2 of $250M unchanged, maturing May 2030. Accordion feature ups capacity to $2.0B.
- SOFR-based pricing: revolver margin 1.00%, term loan A-1/A-3 margin 1.15%, term loan A-2 margin 1.20%.
- Covenants include leverage ratio, fixed-charge coverage, and limits on dividends and distributions.

## SEC filing metadata
- accession: 0001104659-26-045244
- form_type: 8-K
- ticker: AKR
- cik: 0000899629
- company_name: ACADIA REALTY TRUST
- filed_at: 2026-04-20T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/899629/000110465926045244/0001104659-26-045244-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/899629/000110465926045244/tm2612083d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-045244
- JSON: https://secwatch.observer/filing/0001104659-26-045244.json
- Plain text: https://secwatch.observer/filing/0001104659-26-045244.txt

## Source-grounded claims
- claim_id: 025247e046df94a46e51ebfcc46a7b4bffcb85d4
  claim: ACADIA REALTY TRUST incurred term loan of $137.5 million with Bank of America, N.A., as administrative agent at SOFR plus an applicable margin maturing April 17, 2031.
  evidence_excerpt: The Fourth Amended and Restated Credit Facility also provides for a new $137.5 million term loan (“Term Loan A-3”) with a maturity date of April 17, 2031
  evidence_url: https://www.sec.gov/Archives/edgar/data/899629/000110465926045244/0001104659-26-045244-index.htm
- claim_id: 8addb173f14c0fa891eca0a57a4aa343ecb0e150
  claim: ACADIA REALTY TRUST amended term loan of $250.0 million with Bank of America, N.A., as administrative agent at SOFR plus an applicable margin maturing May 29, 2030.
  evidence_excerpt: the Fourth Amended and Restated Credit Facility includes a term loan facility of $250.0 million with a maturity date of May 29, 2030 (“Term Loan A-2”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/899629/000110465926045244/0001104659-26-045244-index.htm
- claim_id: 9106ddfadaf06de50d4f0d717eb5f1349e100f05
  claim: ACADIA REALTY TRUST amended term loan of $512.5 million with Bank of America, N.A., as administrative agent at SOFR plus an applicable margin maturing April 17, 2031.
  evidence_excerpt: increases the existing term loan of $400.0 million with a maturity date of April 15, 2028 to $512.5 million with a maturity date of April 17, 2031 (“Term Loan A-1”
  evidence_url: https://www.sec.gov/Archives/edgar/data/899629/000110465926045244/0001104659-26-045244-index.htm
- claim_id: df08c8df7f14fffeddc1eded44a351abb1568b1a
  claim: ACADIA REALTY TRUST incurred revolving credit of $525.0 million with Bank of America, N.A., as administrative agent at SOFR plus an applicable margin maturing April 17, 2030.
  evidence_excerpt: The Fourth Amended and Restated Credit Facility extends the term of the $525.0 million revolving credit facility (the “Revolving Facility”) from April 15, 2028 to April 17, 2030
  evidence_url: https://www.sec.gov/Archives/edgar/data/899629/000110465926045244/0001104659-26-045244-index.htm
- claim_id: 9420686ffbb90ea5f977d7bc0b53358765521bd1
  claim: ACADIA REALTY TRUST amended Fourth Amended and Restated Credit Agreement with Bank of America, N.A., as administrative agent valued at $525.0 million revolving credit facility (effective 2026-04-17).
  evidence_excerpt: Acadia Realty Limited Partnership, a Delaware limited partnership (the “Operating Partnership”), its general partner, Acadia Realty Trust, a Maryland real estate investment trust (the “Company”), and certain of the Operating Partnership’s subsidiaries as co-borrowers, entered into a Fourth Amended and Restated Credit Agreement (the “Fourth Amended and Restated Credit Facility”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/899629/000110465926045244/0001104659-26-045244-index.htm

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