Acadia Realty Trust

OverviewSuggest Edit

Acadia Realty Trust is an equity real estate investment trust. The company is focused on the ownership, acquisition, redevelopment, and management of retail properties and urban/infill mixed-use properties with a retail component.

TypePublic
HQRye, NY, US
Websiteacadiarealty.com
Employee Ratings3.7

Latest Updates

Employees (est.) (Dec 2019)118(+6%)
Job Openings7
Revenue (FY, 2020)$255.5 M(-13%)
Share Price (Jun 2022)$16.2(+2%)
Cybersecurity ratingBMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
Banner background

Key People/Management at Acadia Realty Trust

Kenneth F. Bernstein

Kenneth F. Bernstein

President, Chief Executive Officer
Christopher Conlon

Christopher Conlon

Executive Vice President, Chief Operating Officer
Jason Blacksberg

Jason Blacksberg

Senior Vice President, General Counsel
Heather Moore

Heather Moore

Senior Vice President, Leasing Operations
Joseph M. Napolitano

Joseph M. Napolitano

Senior Vice President, Chief Administrative Officer
Amy L. Racanello

Amy L. Racanello

Senior Vice President, Capital Markets and Investments
Show more

Acadia Realty Trust Office Locations

Acadia Realty Trust has offices in Rye, Chicago, Lincoln, New York and in 2 other locations
Rye, NY, US (HQ)
411 Theodore Fremd Ave #300
Chicago, IL, US
639 W Diversey Pkwy #202
Lincoln, RI, US
622 George Washington Hwy
New York, NY, US
280 Park Ave #2803w
Plains, PA, US
670 N River St #112
Wilmington, DE, US
3001 Brandywine Pkwy
Show all (6)

Acadia Realty Trust Financials and Metrics

Acadia Realty Trust Revenue

Embed Graph
View revenue for all periods
Acadia Realty Trust's revenue was reported to be $255.48 m in FY, 2020
USD

Revenue (Q1, 2021)

69.4m

Gross profit (Q1, 2021)

55.9m

Gross profit margin (Q1, 2021), %

80.6%

Net income (Q1, 2021)

1.9m

EBIT (Q1, 2021)

8.7m

Market capitalization (24-Jun-2022)

1.4b

Closing stock price (24-Jun-2022)

16.2

Cash (31-Mar-2021)

15.4m

EV

3.2b
Acadia Realty Trust's current market capitalization is $1.4 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

250.3m262.2m295.3m255.5m

Revenue growth, %

5%13%

Cost of goods sold

77.6m81.9m90.5m56.6m

Gross profit

172.6m180.3m204.9m198.9m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

62.0m59.5m62.7m63.1m63.6m66.1m74.8m71.1m73.3m71.4m63.8m51.3m69.4m

Cost of goods sold

18.8m17.4m18.2m19.3m19.6m22.2m22.0m23.2m23.4m23.8m16.8m11.6m13.5m

Gross profit

43.2m42.1m44.4m43.8m44.0m43.9m52.9m47.8m49.9m47.7m47.0m39.7m55.9m

Gross profit Margin, %

70%71%71%69%69%66%71%67%68%67%74%77%81%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

74.8m21.3m15.8m19.2m

Accounts Receivable

51.7m62.2m59.1m44.1m

Total Assets

4.0b4.0b4.3b4.2b

Accounts Payable

210.1m215.0m371.5m269.9m
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

64.3m(15.7m)21.2m(66.0m)

Depreciation and Amortization

104.9m117.5m125.4m149.8m

Accounts Payable

8.8m(3.0m)1.6m3.2m

Cash From Operating Activities

119.8m96.1m127.2m102.6m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

20.0m26.1m39.4m(4.2m)(6.4m)(9.0m)2.9m(2.3m)6.5m(60.0m)4.9m(33.4m)1.9m

Depreciation and Amortization

24.5m50.6m77.2m28.6m58.1m86.8m30.3m60.6m92.8m33.4m67.2m101.6m31.4m

Accounts Payable

273.0k5.2m(736.0k)(4.7m)(5.0m)(5.2m)(4.7m)1.8m1.3m(2.3m)12.2m7.0m237.0k

Cash From Operating Activities

23.5m60.2m84.4m22.9m49.0m67.2m19.8m62.2m95.2m27.7m58.5m81.1m30.9m
USDQ1, 2017

Debt/Equity

0.7 x

Debt/Assets

0.4 x

Financial Leverage

1.8 x
Show all financial metrics

Acadia Realty Trust Operating Metrics

Q1, 2018Q2, 2018Q3, 2018Q4, 2018Q1, 2019Q2, 2019Q3, 2019Q4, 2019Q1, 2020

In Place Occupancy (Anchors, Street and Urban Retail, Core Portfolio)

90.8%100%100%100%100%100%100%100%100%

In Place Occupancy (Core Portfolio)

94.4%94.3%94.4%93.9%93.1%93.2%93%93.4%92.2%

In Place Occupancy (Shops, Street and Urban Retail, Core Portfolio)

80.2%81%81%81%79.3%81.6%80.4%80.4%80.4%

In Place Occupancy (Street, Street and Urban Retail, Core Portfolio)

93.8%92.9%94.6%94.1%92.5%92.2%92.1%92.7%89.1%

Acadia Realty Trust Acquisitions / Subsidiaries

Company NameDateDeal Size
100 Bull LLC
102 EB LLC
1035 Third Avenue LLC
1100 N. State Lender LLC
110 UP NY LLC
11 East Walton LLC
120 West Broadway Lender LLC
120 West Broadway LLC
1238 Wisconsin Holdco LLC
1238 Wisconsin Owner LLC
Show more

Acadia Realty Trust Revenue Breakdown

Embed Graph

Acadia Realty Trust revenue breakdown by business segment: 58.6% from Core Portfolio and 41.4% from Funds

Acadia Realty Trust Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

SecurityScorecard logo

Acadia Realty Trust Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Acadia Realty Trust Online and Social Media Presence

Embed Graph

Acadia Realty Trust Blogs

Acadia Realty Trust to Present at NAREIT’s REITweek®: 2022 Investor Conference

Acadia Realty Trust to Present at NAREIT’s REITweek®: 2022 Investor Conference Content Import Thu, 06/02/2022 - 16:15 Acadia Realty Trust to Present at NAREIT’s REITweek®: 2022 Investor Conference Jun 02, 2022 General RYE, N.Y.--(BUSINESS WIRE)…

Acadia Realty Trust Announces $0.18 Per Share Quarterly Dividend

RYE, N.Y. --(BUSINESS WIRE)--May 4, 2022-- Acadia Realty Trust (NYSE:AKR) (“Acadia” or the “Company”) today announced that its Board of Trustees has declared a cash dividend of $0.18 per common share for the quarter ended June 30, 2022 . The quarterly dividend is payable on July 15, 2022 to holders

Acadia Realty Trust Reports First Quarter 2022 Operating Results

RYE, N.Y. --(BUSINESS WIRE)--May 2, 2022-- Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) today reported operating results for the quarter ended March 31, 2022 . All per share amounts are on a fully-diluted basis, where applicable. Acadia operates dual platforms, comprised of a

Acadia Realty Trust to Announce First Quarter 2022 Earnings on May 2, 2022

Acadia Realty Trust to Announce First Quarter 2022 Earnings on May 2, 2022 Content Import Thu, 03/31/2022 - 16:19 Acadia Realty Trust to Announce First Quarter 2022 Earnings on May 2, 2022 Mar 31, 2022 This release is a backfill from a News Wire …

Acadia Realty Trust Provides Acquisition Update and Will Present at the Citi 2022 Global Property CEO Conference

RYE, N.Y. --(BUSINESS WIRE)--Mar. 3, 2022-- Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) today announced that the Company completed approximately $124 million of Core acquisitions. The Company will also participate and present at the Citi 2022 Global Property CEO Conference, which

Acadia Realty Trust Announces 2022 Annual Meeting Date

Acadia Realty Trust Announces 2022 Annual Meeting Date Content Import Mon, 02/28/2022 - 16:17 Acadia Realty Trust Announces 2022 Annual Meeting Date Feb 28, 2022 This release is a backfill from a News Wire General RYE, N.Y.--(BUS…
Show more

Acadia Realty Trust Frequently Asked Questions

  • Who are Acadia Realty Trust key executives?

    Acadia Realty Trust's key executives are Kenneth F. Bernstein, Christopher Conlon and Jason Blacksberg.

  • How many employees does Acadia Realty Trust have?

    Acadia Realty Trust has 118 employees.

  • What is Acadia Realty Trust revenue?

    Latest Acadia Realty Trust annual revenue is $255.5 m.

  • What is Acadia Realty Trust revenue per employee?

    Latest Acadia Realty Trust revenue per employee is $2.2 m.

  • Who are Acadia Realty Trust competitors?

    Competitors of Acadia Realty Trust include Lowe & Co Realty, Intergroup and Simon Property Group.

  • Where is Acadia Realty Trust headquarters?

    Acadia Realty Trust headquarters is located at 411 Theodore Fremd Ave #300, Rye.

  • Where are Acadia Realty Trust offices?

    Acadia Realty Trust has offices in Rye, Chicago, Lincoln, New York and in 2 other locations.

  • How many offices does Acadia Realty Trust have?

    Acadia Realty Trust has 6 offices.