Acadia Realty traded at $18.78 this Friday October 23rd. Looking back, over the last four weeks, Acadia Realty lost 2.24 percent. Over the last 12 months, its price fell by 5.58 percent. Looking ahead, we forecast Acadia Realty to be priced at 18.20 by the end of this quarter and at 17.07 in one year, according to Trading Economics global macro models projections and analysts expectations.
Acadia Realty Trust is a fully-integrated equity real estate investment trust (REIT). The Company is focused on the ownership, acquisition, development, and management of retail properties located primarily in high-barrier-to-entry, supply-constrained, densely-populated metropolitan areas in the United States. The Company operates through three segments: Core Portfolio, Funds and Structured Financing. The Company’s Core Portfolio consists of retail properties located primarily in high-barrier-to-entry, densely-populated metropolitan areas with a long-term investment horizon. Its Funds hold primarily retail real estate in which the Company co-invests with institutional investors. The Company’s Structured Financing segment consists of earnings and expenses related to notes and mortgages receivable which are held within the Core Portfolio or the Funds. The Company has ownership interests in approximately 130 properties within its core portfolio.