Acadia Realty Trust Reports Second Quarter Operating Results
Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) today reported operating results for the quarter ended June 30, 2023.
- Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) today reported operating results for the quarter ended June 30, 2023.
- For the quarter ended June 30, 2023, net earnings per share was $0.09.
- This quarter marks the seventh of the last nine quarters with same-store NOI growth at 5% or higher with an average of 6.9% overall for the nine quarters.
- We expect our leasing momentum and executed leases to more than offset the near-term asset repositionings that we have been rightly focused on for some time,” stated Kenneth F. Bernstein, President and CEO of Acadia Realty Trust.