Headquartered in Rye, NY Fiscal year ends December NYSE: AKR acadiarealty.com
Acadia Realty Trust (NYSE: AKR) is an equity real estate investment trust focused on delivering long-term, profitable growth through two complementary platforms. Its REIT Portfolio consists of high-quality street and open-air retail properties concentrated in the nation's most dynamic retail corridors, including Manhattan's Madison Avenue, Boston's Newbury Street, Palm Beach's Worth Avenue, Chicago's Armitage Avenue, and San Francisco's urban retail locations. Its Investment Management platform targets opportunistic and value-add retail investments through institutional co-investment vehicles, partnering with firms such as TPG Real Estate and Cohen & Steers. The company generates revenue primarily from rental income across its owned and managed properties and earns asset management, property management, leasing fees, and potential promote income from its investment management activities. Updated
Bank of America’s (NYSE: BAC | BAC Price Prediction) Chief Investment Strategist Michael Hartnett adopted a cautious yet opportunistic stance in his latest Flow Show, warning that investors are approaching a pivotal…
Acadia Realty Trust (NYSE: AKR) is an equity real estate investment trust focused on delivering long-term, profitable growth through two complementary platforms.
The Wall Street consensus 12-month price target for AKR is $23.43.
