Acadia Realty Trust Files 8-K
Ticker: AKR · Form: 8-K · Filed: Feb 14, 2025 · CIK: 899629
| Field | Detail |
|---|---|
| Company | Acadia Realty Trust (AKR) |
| Form Type | 8-K |
| Filed Date | Feb 14, 2025 |
| Risk Level | low |
| Pages | 5 |
| Reading Time | 6 min |
| Key Dollar Amounts | $0.001, $500,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: sec-filing, 8-k
Related Tickers: ACAD
TL;DR
ACAD filed an 8-K, expect updates soon.
AI Summary
Acadia Realty Trust filed an 8-K on February 14, 2025, reporting other events and financial statements. The filing does not contain specific details on transactions or financial figures within the provided text, but it serves as a notification of material events.
Why It Matters
This filing indicates that Acadia Realty Trust is making a formal disclosure to the SEC regarding significant events or financial updates, which is crucial for investor transparency.
Risk Assessment
Risk Level: low — The filing is a standard procedural disclosure and does not contain information that inherently increases risk.
Key Players & Entities
- Acadia Realty Trust (company) — Registrant
- Mark Centers Trust (company) — Former company name
FAQ
What specific 'Other Events' are being reported by Acadia Realty Trust in this 8-K filing?
The provided text of the 8-K filing does not specify the nature of the 'Other Events' being reported.
When was the exact date of the earliest event reported in this 8-K?
The date of the earliest event reported is February 14, 2025.
What is Acadia Realty Trust's principal executive office address?
Acadia Realty Trust's principal executive offices are located at 411 Theodore Fremd Avenue, Suite 300, Rye, New York 10580.
Under which state was Acadia Realty Trust incorporated?
Acadia Realty Trust was incorporated in Maryland.
What was Acadia Realty Trust's former company name?
Acadia Realty Trust's former company name was Mark Centers Trust.
Filing Stats: 1,419 words · 6 min read · ~5 pages · Grade level 13 · Accepted 2025-02-14 17:09:24
Key Financial Figures
- $0.001 — hares of beneficial interest, par value $0.001 per share AKR The New York Stock Ex
- $500,000,000 — having an aggregate sale price of up to $500,000,000 (the "Shares") through an at-the-market
Filing Documents
- tm256664d1_8k.htm (8-K) — 32KB
- tm256664d1_ex1-1.htm (EX-1.1) — 513KB
- tm256664d1_ex5-1.htm (EX-5.1) — 23KB
- 0001104659-25-014299.txt ( ) — 850KB
- akr-20250214.xsd (EX-101.SCH) — 3KB
- akr-20250214_lab.xml (EX-101.LAB) — 33KB
- akr-20250214_pre.xml (EX-101.PRE) — 22KB
- tm256664d1_8k_htm.xml (XML) — 4KB
01 Other Events
Item 8.01 Other Events. On February 14, 2025, Acadia Realty Trust (the "Company") and Acadia Realty Limited Partnership, the operating partnership of the Company (the "Operating Partnership"), entered into an ATM Equity Offering Sales Agreement (the "Sales Agreement") with BofA Securities, Inc., Barclays Capital Inc., Goldman Sachs & Co. LLC, Jefferies LLC, J.P. Morgan Securities LLC, TD Securities (USA) LLC, Truist Securities, Inc. and Wells Fargo Securities, LLC, as sales agents and forward sellers (the "Sales Agents"), and Bank of America, N.A., Goldman Sachs & Co. LLC, Jefferies LLC, JPMorgan Chase Bank, National Association, The Toronto-Dominion Bank, Truist Bank and Wells Fargo Bank, National Association, or one of their respective affiliates, as forward purchasers (the "Forward Purchasers"), to sell, from time to time, common shares of beneficial interest of the Company, par value $0.001 per share, having an aggregate sale price of up to $500,000,000 (the "Shares") through an at-the-market equity offering program. The Shares will be issued under the Company's shelf registration statement on Form S-3 ASR (File No. 333-275356), as supplemented by a prospectus supplement dated February 14, 2025 and filed with the Securities and Exchange Commission on February 14, 2025. Sales of Shares, if any, made through the Sales Agents, acting as sales agents, or through the Forward Sellers, acting as agents for the applicable Forward Purchasers, or through a Sales Agent, acting as principal, may be made by means of ordinary brokers' transactions on the New York Stock Exchange (the "NYSE") or other national securities exchange, by means of negotiated transactions or otherwise at market prices prevailing at the time of sale, at prices related to prevailing market prices or negotiated transactions, or as otherwise agreed with the applicable Sales Agent or Forward Seller. Additionally, the Company may enter into one or more forward sale agreements with one or more of the Fo
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 1.1 Sales Agreement, dated as of February 14, 2025, among Acadia Realty Trust, Acadia Realty Limited Partnership and BofA Securities, Inc., Barclays Capital Inc., Goldman Sachs & Co. LLC, Jefferies LLC, J.P. Morgan Securities LLC, TD Securities (USA) LLC, Truist Securities, Inc. and Wells Fargo Securities, LLC, as sales agents and forward sellers, and Bank of America, N.A., Goldman Sachs & Co. LLC, Jefferies LLC, JP Morgan Chase Bank, National Association, The Toronto-Dominion Bank, Truist Bank and Wells Fargo Bank, National Association, or one of their respective affiliates, as forward purchasers 5.1 Opinion of Venable LLP 23.1 Consent of Venable LLP (included in Exhibit 5.1) 104 Cover Page Interactive Data File (formatted as inline XBRL with applicable taxonomy extension information contained in Exhibits 101)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ACADIA REALTY TRUST Dated: February 14, 2025 By: /s/ John Gottfried Name: John Gottfried Title: Executive Vice President and Chief Financial Officer