Acadia Realty Trust Announces Tax Reporting Information for 2023 Distributions

Core Viewpoint - Acadia Realty Trust has announced the federal tax treatment for its 2023 distributions to common shareholders, detailing the nature of the distributions and their tax implications [1][2]. Distribution Summary - The company has outlined the record and payment dates for its distributions, which are consistently set at $0.180000 per share for each quarter in 2023 [2]. - The total income per share for the distributions is $0.720000 for the year, with ordinary dividends eligible for a 20% deduction under Internal Revenue Code Section 199A [2]. Tax Treatment Details - The fourth quarter 2022 distribution was treated as paid in 2023 for tax purposes, while the fourth quarter 2023 distribution will be treated as paid in 2024 [2]. - Shareholders are advised to consult their tax advisors regarding the specific tax treatment of Acadia's distributions [2]. Company Overview - Acadia Realty Trust is an equity real estate investment trust focused on long-term growth through a dual operating platform and a disciplined investment strategy [3]. - The company aims to build a high-quality core real estate portfolio and make profitable investments through discretionary institutional funds while maintaining a strong balance sheet [3].