Acadia Realty Trust (AKR) Announces Offering of 4.5M Common Shares

Go back to Acadia Realty Trust (AKR) Announces Offering of 4.5M Common Shares

Acadia Realty Trust Announces Offering of 4,500,000 Common Shares

September 30, 2024 4:10 PM EDT

RYE, N.Y.--(BUSINESS WIRE)-- Acadia Realty Trust (NYSE: AKR) (Acadia or the Company) announced today that it is commencing an underwritten public offering of 4,500,000 of its common shares of beneficial interest in connection with the forward sale agreements described below. Wells Fargo Securities, Goldman Sachs & Co. LLC and Jefferies are acting as joint book-running managers for the offering. The shares may be offered by the underwriters from time to time to purchasers directly or through agents, or through brokers in brokerage transactions on the NYSE, or to dealers in negotiated transactions... More