Acadia Realty Trust (AKR) Posts Q1 FFO of $0.40

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Acadia Realty Trust Reports First Quarter 2017 Operating Results

April 24, 2017 4:15 PM EDT

RYE, N.Y.--(BUSINESS WIRE)-- Acadia Realty Trust (NYSE: AKR) (Acadia or the Company) today reported operating results for the quarter ended March 31, 2017. 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