•
Mar 31, 2024
Acadia Q1 2024 Earnings Report
Acadia Realty Trust reported first quarter operating results.
Key Takeaways
Acadia Realty Trust reported a net income of $3.0 million, or $0.03 per share, and FFO Before Special Items of $37.0 million, or $0.33 per share. Same-property NOI growth was 5.7%, driven by the Street Portfolio. The Core Portfolio was 94.4% leased and 91.8% occupied.
Net income was $0.03 per share.
FFO Before Special Items was $0.33 per share.
Same-property NOI growth was 5.7%, driven by the Street Portfolio.
Core Portfolio was 94.4% leased and 91.8% occupied.
Acadia
Acadia
Forward Guidance
Acadia reaffirmed its 2024 guidance for FFO Before Special Items.