Acadia Realty Trust — Third Quarter 2026 Earnings Summary

Acadia Realty Trust reported a third-quarter 2026 GAAP net loss of $0.03 per share, driven by an $11.7 million non-cash impairment charge, while FFO As Adjusted rose to $0.31 per share. The company's REIT Portfolio same-property NOI increased 10.2% for the quarter, led by a 15.2% surge in street retail performance, with full-year growth anticipated between 7.5% and 8.5%. During the period, the company completed approximately $152 million in accretive street retail acquisitions and expanded its signed-not-open pipeline by 32% to $21.8 million. Although the company maintained its NAREIT FFO and FFO As Adjusted guidance for 2026, it revised its net earnings per share guidance downward to a range of $0.29 to $0.30.