Posts for Ticker ‘AKR’

Acadia Realty Joins REITs Raising Cash (AKR)

money-stack-image27Acadia Realty Trust (NYSE: AKR) has joined the wave of REIT entities selling stock to raise cash.  The company priced its public secondary offering of 5 million common shares at $11.95 per share. That is before any overallotments of 750,000 shares, but the size of the offering was raised in the deal from 4.5 million shares.
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Posted on: April 14, 2009 – 8:58 am in REIT, Secondary Offering,