Daily Stock Analysis, AKR, Acadia Realty Trust, priceseries

Acadia Realty Trust. Daily Stock Analysis
Stock Information
Open
22.70
Close
23.06
High
23.23
Low
22.70
Previous Close
22.72
Daily Price Gain
0.34
YTD High
27.95
YTD High Date
Jan 3, 2018
YTD Low
21.34
YTD Low Date
Feb 9, 2018
YTD Price Change
-4.69
YTD Gain
-16.90%
52 Week High
32.02
52 Week High Date
Feb 27, 2017
52 Week Low
21.34
52 Week Low Date
Feb 9, 2018
52 Week Price Change
-7.86
52 Week Gain
-25.41%
Company Information
Stock Symbol
AKR
Exchange
NYSE
Company URL
http://www.acadiarealty.com
Company Phone
914-288-8100
CEO
Kenneth F. Bernstein
Headquarters
New York
Business Address
411 THEODORE FREMD AVENUE, SUITE 300, RYE, NY 10580
Sector
Equity
Industry Category
Real Estate
Industry Group
Property Management
CIK
0000899629
About

Acadia Realty Trust is a real estate investment trust, which specializes in the operation, management, leasing, renovation, and acquisition of shopping centers and mixed-use properties with retail components. The company operates through the following business segments: Core Portfolio, Funds and Structured Financing. The Core Portfolio segment consists of high quality street retail and urban assets, as well as suburban properties located in high barrier to entry, densely populated trade areas. The Funds segment handles fund investment. The Structured Financing segment invests in preferred equity investments that are collateralized by the underlying real estate, a direct interest or the borrower's ownership interest in the entities that own the properties and/or by the borrower's personal guarantee. The company was founded by Kenneth F. Bernstein in August 1998 and is headquartered in Rye, NY.

Description

Acadia Realty Trust, a real estate investment trust (REIT), engages primarily in the ownership, acquisition, redevelopment, and management of retail properties in the United States. Its retail properties include neighborhood and community shopping centers, and mixed-use properties with retail components. As of December 31, 2008, it owned or had interests in, and operated 85 properties primarily in the northeast, mid-Atlantic, and Midwest regions of the United States. The company qualifies as a REIT for federal income tax purposes. As a REIT, it would not be subject to federal income tax to the extent that it distributes at least 90% of its taxable income to its shareholders. Acadia Realty Trust was founded in 1964 and is headquartered in White Plains, New York.