Acadia Realty Trust prices 9 million share offering at $21.95 each

Go back to Acadia Realty Trust prices 9 million share offering at $21.95 each

Acadia Realty Trust Announces Pricing of Offering of 9,000,000 Common Shares

June 10, 2026 8:42 AM EDT

RYE, N.Y.--(BUSINESS WIRE)-- Acadia Realty Trust (NYSE: AKR) (Acadia or the Company) priced an underwritten offering of 9,000,000 common shares of beneficial interest at a price to the public of $21.95 per share. The underwriters were granted a 30-day option to purchase up to an additional 1,350,000 common shares in addition to the base offering of 9,000,000 common shares. The offering is expected to close on June 11, 2026, subject to customary closing conditions. BofA Securities, Jefferies, Truist Securities and Wells Fargo Securities are acting as joint book-running managers for the offering.

The Company has entered... More