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.

Acadia Realty Trust

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.

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