Acadia Realty Trust launches 9M share forward equity offering at $21.80 to fund acquisitions

ACADIA REALTY TRUST

Offer of 9,000,000 common shares via forward sale agreements; underwriters option for up to 1,350,000 additional shares.
Initial forward sale price of $21.80 per share; expected net proceeds ~$195.6M ($225M if option fully exercised).
Proceeds to fund acquisition opportunities in existing street portfolio markets and/or general corporate purposes.
Company will not receive initial proceeds; physical settlement expected by June 9, 2027.
Closing occurred June 11, 2026; underwriters include BofA, Jefferies, Truist, Wells Fargo.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.