Acadia Realty Trust (AKR) Tops Q3 FFO by 1c

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Acadia Realty Trust Reports Third Quarter 2016 Operating Results

October 25, 2016 5:25 PM EDT

RYE, N.Y.--(BUSINESS WIRE)-- Acadia Realty Trust (NYSE: AKR) (Acadia or the Company) today reported operating results for the quarter ended September 30, 2016. All per share amounts, below, are on a fully-diluted basis.

Acadia operates dual platforms, comprised of a high-quality core real estate portfolio (Core Portfolio), which owns and operates meaningful concentrations of assets in the nations most dynamic urban and street-retail corridors, and a series of discretionary, institutional funds (Funds) that target opportunistic and value-add investments.

Please refer to the tables and notes accompanying this press release for further details on... More