For those looking to find strong Finance stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Acadia Realty Trust (AKR) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Finance sector should help us answer this question.Acadia Realty Trust is a member of our Finance group, which includes 871 different companies and currently sits at #5 in the Zacks Sector Rank. The Zacks Sector Rank gauges th ...

buzbuzzer The current environment appears to be very favorable to real estate investment trusts, or REITs, and Shopping Center REITs in particular. REIT prices and yields have normalized, following the sell-off of 2022 and most of 2023, and the expected cuts in the prime rate, with the corresponding drop in treasury yields, will only help REITs further. The average REIT yield of 3.40% is nearly on par with the 10-year treasury yield of 3.85%, so REITs with higher-than-average yield or better-than-averag ...

ferrantraite/E+ via Getty ImagesIntroduction Acadia Realty Trust (NYSE:AKR) has significantly outperformed the Vanguard Real Estate Index Fund ETF (VNQ) so far in 2024, delivering a ~28.5% total return against the mid-single-digit gain for the benchmark ETF: AKR vs VNQ in 2024 (Seeking Alpha)This has resulted in net debt only accounting for 35% of the company's enterprise value. Coupled with a small proportion of floating-rate debt relative to peers, the company will see little tailwinds from Fed rate c ...

Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Acadia Realty Trust (AKR) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.Acadia Realty Trust is one of 860 companies in the Finance group. The Finance group currently sits ...

Acadia Realty Trust (NYSE:AKR) Q2 2024 Earnings Conference Call July 31, 2024 11:00 AM ET Company Participants Ethan Gomez - Acquisitions Intern Ken Bernstein - President & Chief Executive Officer A.J. Levine - Senior Vice President, Leasing & Development John Gottfried - Executive Vice President, Chief Financial Officer Conference Call Participants Andrew Reale - Bank of America Linda Tsai - Jefferies Todd Thomas - KeyBanc Craig Mailman - Citi Michael Mueller - JPMorgan Ki Bin Kim - Truist Paulina Rojas-Sc ...

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-12002 ACADIA REALTY TRUST (Exact name of registrant in its charter) MARYLAND (State or other jurisdiction of incorporation or organization) 411 THEODORE F ...

Acadia Realty Trust (AKR) came out with quarterly funds from operations (FFO) of $0.31 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.36 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this real estate investment trust would post FFO of $0.30 per share when it actually produced FFO of $0.33, delivering a surprise of 10%.Over the last four quarters, the company has surpassed consensus FFO estimates just once.Acadia ...

Exhibit 99.2 EALTY TRUST—Q220SUPPLEMENTAL REPFORMATIO Section I – Second Quarter 2024 Earnings Press Release Section II – Financial Information Section III – Core Portfolio Information Table of Contents Supplemental Report – June 30, 2024 | Company Information | 3 | Core Properties | 29 | | --- | --- | --- | --- | | Market Capitalization | 4 | Core Top Tenants | 33 | | Operating Statements | | Core Lease Expirations | 34 | | Consolidated Statements of Operations | 5 | Core New and Renewal Rent Spreads | 35 ...

Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Is Acadia Realty Trust (AKR) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.Acadia Realty Trust is one of 863 individual stocks in the Finance sector. Collectively, these companies sit at #10 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within th ...

NEW YORK, May 16, 2024 /PRNewswire/ -- J.P. Morgan Real Estate Income Trust, Inc. (JPMREIT) announced today it acquired a 95% interest in Shops at Grand Avenue, a 99,837-square foot, 100% leased, Class A grocery–anchored shopping center in the Maspeth neighborhood of Queens, NY. This acquisition is part of a strategic joint venture to pursue retail opportunities with Acadia Realty Trust (NYSE: AKR), an equity real estate investment trust. The total purchase price was $48 million (exclusive of closing costs) ...