Acadia Realty Trust

Overview

Acadia Realty Trust (Acadia) is a real estate investment trust (REIT) company. The company is engaged in ownership development, redevelopment, acquisition, leasing, and management of retail properties. It also involved in dispositions, investing funds, and other development activities. The company manages funds of various properties such as commercial, residential, and retail. Acadia's project portfolio includes City Center, 1238 Wisconsin, Broad Hollow Commons, 110 University Place,717 North Michigan Avenue, Elmwood Park, Route 6 Mall and Mad River. Its operations are spread across the states of the US include New York, Chicago, San Francisco, Washington DC, Pennsylvania, Virginia, Utah and Boston. Acadia is headquartered in Rye, New York, the US.
Key Stats
Address
411 Theodore Fremd Ave Ste 300, RYE, New York
Headquarters

United States of America

Contact

1 914 2888100

No of Employees

120

Industry

Construction

Ticker Symbol & Exchange​

AKR [NYSE]

Revenue (2020)

$255 m

-13.7% (2020 vs 2019)
Net Income (2020)

$-9 m

-117% (2020 vs 2019)
Net Profit Margin

-3 %

-119.1% (2020 vs 2019)
Market Cap *

$1,848 m

EPS *

$-0.1

  *Note: Ratios based on the share price as of 8-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Acadia Realty TrustVornado Realty TrustKimco Realty CorpSITE Centers Corp
Key Information
Headquarters United States of America United States of America United States of America United States of America
Headquarter City RYE NEW YORK JERICHO BEACHWOOD
Headquarter State/Province New York New York New York Ohio
No. of Employees 120 2,899 484 323
Entity Type Public Public Public Public

Products & Services

Acadia is a provider of property development and management services. The key services of the company include the following:

Services
  • Acquisition, Ownership, Development, Re-Development and Management of Retail Properties
Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
John Gottfried Senior Vice President; Chief Financial Officer Senior Management 2016 49 Mr. Gottfried has been the Chief Financial Officer and Senior Vice President of the company since June 2016. He served...
Jason Blacksberg Secretary; Chief Compliance Officer; Senior Vice President; General Counsel Senior Management 2014 45 Mr. Jason Blacksberg serves as the Chief Compliance Officer, Senior Vice President, Secretary and as the General Counsel of the...
Christopher Conlon Executive Vice President; Chief Operating Officer Senior Management 2012 61 Mr. Conlon has been the Chief Operating Officer and Executive Vice President of the company since 2008. He served as...
Kenneth F Bernstein President; Chief Executive Officer Executive Board 1998 59 Mr. Bernstein has been the Chief Executive Officer, Trustee and President of the company since 1998. He served as the...
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History

Year Event Description
2015 Acquisitions/Mergers/Takeovers The company announced the acquisition of street-retail assets in San Francisco through its Fund Platform…
2014 Acquisitions/Mergers/Takeovers In 2014, the company completed the acquisition of 11 E. Walton in Chicago, Illinois, for…
2013 Divestiture Acadia sold the A&P Shopping Center, a 62,741 square foot center, anchored by an A&P…
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2012 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam
2011 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam

Locations


1100 N. State Lender LLC
41 Greene Street Owner LLC
801 Madison Avenue Owner LLC
Acadia Gold Coast LLC
Acadia Marcus Avenue LLC
Acadia Paramus Plaza LLC
Acadia Strategic Opportunity Fund V LLC
Afwv Investor Member LLC

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
08 Aug 2016 Acadia Realty Trust raises $172.14 million in public offering of common stock Equity Offering Acadia Realty Trust
04 Apr 2016 Acadia Realty to Issue 3.6 Million Shares in Public Offering Equity Offering Acadia Realty Trust
04 Apr 2016 Acadia Realty Trust prices public offering of common stock Equity Offering Acadia Realty Trust
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