Highest-materiality recent filing
Acadia Realty Q2 FFO As Adjusted $0.31, raises full-year guidance, same-property NOI up 8.7%
Q2 GAAP EPS $0.05 (vs $0.01); FFO As Adjusted $0.31 (vs $0.28), beating prior year.
Acadia Realty Trust launches 9M share forward equity offering at $21.80 to fund acquisitions
Offer of 9,000,000 common shares via forward sale agreements; underwriters option for up to 1,350,000 additional shares.
Acadia Realty Trust corrects supplemental report errors; annual meeting votes pass all proposals
Corrected REIT pre-stabilized assets to $337,937 from $1,032,481 and FUND IV to $17,481 from $12,875.
Acadia Q1 FFO As Adj $0.30 (+11% YoY); same-property NOI +5.9%; raises 2026 guidance
Q1 GAAP EPS $0.22 (vs $0.01 YoY); FFO As Adj $0.30, up 11% from $0.27.
Acadia Realty closes amended $525M revolver extended to 2030, adds $137.5M term loan
Revolver capacity $525M, maturity extended from Apr 2028 to Apr 2030, with two 6-month extension options.
Acadia Realty Trust Q4 FFO Before Special Items $0.34/sh; SP NOI +6.3%; 2026 guidance $1.21-$1.25
Q4 2025 GAAP net EPS $0.04; full year $0.10; NAREIT FFO $0.30/sh; FFO Before Special Items $0.34/sh ($47.2M).
Acadia Realty Trust CAO Joseph Napolitano to retire April 1, 2026; no successor named
Joseph Napolitano, SVP and Chief Administrative Officer, retiring effective April 1, 2026.
David Buell, former CAO of Kite Realty Group, appointed CAO of Acadia Realty Trust, effective January 5, 2026.
Acadia Realty Q3 FFO $0.33/sh; same-property NOI +8.2%; guides FY FFO $1.22-1.24
GAAP net earnings $0.03 per share; NAREIT FFO $0.28; FFO Before Special Items $0.33 (vs $0.32 in Q3 2024).
Acadia Q2 FFO before special items $0.32/shr; core occupancy 92.2%; $157M acquisitions
GAAP net earnings $0.01/shr (flat YoY); NAREIT FFO rose to $0.27/shr from $0.25.
Acadia Realty Trust Reports Q2 2025 Operating Results with FFO Growth and Accretive Acquisitions
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.
Acadia Realty Trust shareholders elect all 8 trustees, ratify auditor, approve say-on-pay
Turnout: 113,291,902 shares (94.58%) at May 8, 2025 annual meeting.
Acadia Q1 FFO before special items $0.34, same-property NOI up 4.1%, raises FY guidance
GAAP net earnings $0.01/share; FFO Before Special Items $0.34/share vs $0.33 prior year.
Acadia Realty Trust establishes $500M at-the-market equity offering program with multiple agents
Entered ATM Sales Agreement on Feb 14, 2025 for up to $500M aggregate sale price of common shares.
Acadia Q4 FFO $0.32; dividend +5.3% to $0.20; 2025 FFO guidance $1.30-$1.39
Q4 GAAP net earnings $0.07/share; FFO Before Special Items $0.32/share vs $0.28 YoY.
Acadia Realty Q4 FFO $0.32/share; raises dividend 5.3%, guides 2025 FFO growth ~5.5%
Q4 2024 FFO Before Special Items $0.32 per share ($40.5M), up from $0.28 YoY; GAAP EPS $0.07.
Acadia Realty Q3 FFO $0.32/share; Core same-property NOI +5.9%; $150M accretive acquisitions closed
GAAP net earnings $0.07 per share; FFO before special items $0.32 per share (includes $0.02 realized gain on Albertsons stock).
Acadia Realty Trust establishes $400M ATM equity offering program
Company may sell up to $400M of common shares from time to time through at-the-market offering.
Acadia Realty Trust launches 5M share forward sale offering, expects ~$114M net proceeds
Initial forward price $22.89/share; net proceeds ~$114M (or ~$131.2M if option exercised).
Acadia Realty upsizes revolver to $525M, repays $175M term loan
Revolver increased from $350M to $525M; accordion capacity raised from $900M to $1.1B.
Acadia Realty Trust Q2 FFO $0.31; raises 2024 guidance and dividend
GAAP net earnings $0.01 per share; FFO Before Special Items $0.31 per share.
Acadia Realty Trust shareholders elect all trustees, ratify auditor, approve say-on-pay
All eight trustee nominees elected; C. David Zoba received most votes against at 6.96M.
Acadia Realty Q1 FFO Before Special Items $0.33; Same-Property NOI up 5.7%
GAAP net earnings $0.03 per share (down from $0.14 Q1 2023); NAREIT FFO $0.28 per share.
Acadia Realty closes $350M revolver and $400M term loan; maturities extended to 2028
Revolving credit facility increased from $300M to $350M; maturity extended to April 15, 2028 with two 6-month extension options.
Acadia Realty Trust reports Q4 net loss $0.02/sh; full-year NOI +5.8%
Full-year 2023 same-property NOI growth 5.8%; new lease cash rent spreads 44%.
Acadia Realty Trust completes public offering of 6.9M common shares, netting $112.7M
Underwritten public offering of 6M common shares plus 0.9M overallotment closed January 11, 2024.
Acadia Realty amends ATM equity program; adds TD Securities as agent, $222.3M remaining
Amendment adds TD Securities (USA) LLC as sales agent and The Toronto-Dominion Bank as forward purchaser (ATM program).
Acadia Realty Q3 net loss $0.02/share, FFO $0.26; same-property NOI up 5.8%
Net loss of $1.7M ($0.02/share) vs loss of $57.9M ($0.61) in prior year; impairment of $3.7M on Fund asset.
Acadia Realty Trust 8-K/A corrects clerical error in Q2 supplemental data
Amends prior 8-K filed Aug 2, 2023 to fix a clerical error in the Q2 2023 supplemental reporting data.
Acadia Realty Q2 NAREIT FFO $0.37 beats; raises FY guidance to $1.28-$1.36
NAREIT FFO per share $0.37 vs $0.23 YoY; FFO Before Special Items $0.36 vs $0.32.
Acadia Realty Trust dismisses BDO as auditor, appoints Deloitte for FY2023
Audit committee dismissed BDO USA and appointed Deloitte & Touche as independent auditor, effective July 13, 2023.
Acadia Realty Trust Q1 FFO $0.40/share; raises full-year guidance
Net earnings $0.14/sh; NAREIT FFO $0.40/sh; FFO Before Special Items $0.40/sh.
Acadia Realty Trust reports Q4 2022 FFO Before Special Items $0.27; guides 2023 FFO $1.17-$1.26
Q4 2022 NAREIT FFO $0.21/share; FFO Before Special Items $0.27/share; net income $3.8M ($0.04/share).
Acadia Realty Trust appoints Hope B. Woodhouse to Board, Wendy Luscombe retires
Hope B. Woodhouse appointed to Board and Nominating & Corporate Governance Committee effective Jan 10, 2023.
Acadia Realty cuts 2022 guidance by $0.11/share as Albertsons special dividend blocked by TRO
Albertsons' $6.85/share special dividend delayed by Washington temporary restraining order; hearing set for Jan 17, 2023.
Acadia Realty Q3 core FFO $0.28, net loss $0.61 on impairments; raises core FFO guidance
FFO Before Special Items per share $0.28, up from $0.27 YoY; NAREIT FFO $0.24 vs $0.41 due to Albertsons loss.
Acadia Realty appoints Mark Denien to Board; Lorrence Kellar to retire at 2023 shareholder meeting
Mark Denien appointed as trustee and to Audit Committee effective Oct 11, 2022.
Acadia Q2 FFO Before Special Items $0.32, beats expectations; raises FY guidance
Net loss $0.4M ($0.00 per share); NAREIT FFO $0.23; FFO Before Special Items $0.32 per share.
Acadia Realty Trust shareholders elect all nine trustee nominees at 2022 annual meeting
All nine trustee nominees elected; Bernstein received 87.1M votes, highest; Luscombe got 74.3M.
Acadia Realty Trust Q1 2022 earnings beat; raises FFO guidance
GAAP EPS $0.18, FFO per share $0.36, FFO Before Special Items $0.33; above expectations.
Board adopted governance enhancement enabling shareholders to alter/repeal any Bylaw provision by majority vote.
Acadia Realty Trust enters $175M term loan facility maturing 2027
$175M term loan entered on April 6, 2022, maturing April 6, 2027, with no scheduled principal payments before maturity.
Acadia Realty Trust enters ATM equity offering program for up to $250M in common shares
Sales agents include BofA, Barclays, Citigroup, Goldman Sachs, Jefferies, JPMorgan, Truist, and Wells Fargo.
Acadia Realty restates 2019-2021 financials; no net income impact, but material weakness
Restatement due to improper consolidation of two fund investments formed in 2012 and 2013.
Acadia Realty Trust revises FY2021 FFO per share to $1.26 from $1.25 after immaterial restatement
Net income for FY2021 increased by $0.4M to $23.5M; per share unchanged.
Q4 GAAP EPS $0.03, FFO $0.28/sh, FFO before special items $0.29/sh; same-property NOI up 3.2%.
Acadia Realty restates 2019-2021 financials; improper consolidation of fund investments
Non-reliance on prior FS due to consolidation error for two Fund Investments formed 2012/2013; reclassed to unconsolidated affiliates.
Acadia Realty Trust COO Christopher Conlon resigns; announces several executive promotions
Christopher Conlon, EVP/COO, resigns effective Feb 11, 2022, to become CEO of a private company.
Acadia Realty Q3 2021: FFO before special items $0.27/share, same-store NOI up 7%
GAAP EPS $0.13 vs net loss of $0.10 in Q3 2020; FFO per share $0.41 including $0.14 Albertsons gain.
Acadia Realty Trust amends ATM equity offering to add J.P. Morgan and increase commission cap
Amendment adds J.P. Morgan Securities as a sales agent/forward seller and JPMorgan Chase as a forward purchaser.
On January 10, 2023, the board of trustees (the “Board”) of Acadia Realty Trust (the “Company”) voted to appoint Hope B. Woodhouse as a trustee of the Company, effective as of the same day
On January 10, 2023, Wendy Luscombe, an independent trustee, member of the Audit Committee, and chair of the NCG Committee of the Board, retired from the Board.
On October 11, 2022, Lorrence T. Kellar, an independent trustee and member of the Audit Committee and the Compensation Committee of the Board, has formally notified the Company of his intention to retire from the Board effective as of the Company’s 2023 annual meeting of shareholders.
On October 11, 2022, the board of trustees (the “Board”) of Acadia Realty Trust (the “Company”) voted to appoint Mark Denien as a trustee of the Company, effective as of the same day
On January 24 2022, Acadia Realty Trust (the “Company”) issued a press release announcing the resignation of Christopher Conlon, Executive Vice President and Chief Operating Officer of the Company, effective on or about February 11, 2022.
Max materiality 0.85 · Median 0.65 · Most common event earnings