Acadia Realty Trust posted GAAP net income attributable to shareholders of $11 million for Q2 2026, up from $9 million a year earlier.
GAAP operating income rose to $22.7 million from $21.9 million, while rental revenue slipped to $91.2 million from $98.3 million.
Segment performance
Investment Management swung to profit, with net income attributable to shareholders at $7.5 million versus a $0.1 million loss on higher affiliate earnings.
REIT Portfolio net income attributable to shareholders increased to $10 million from $8.1 million, supported by higher rental revenue of $65.9 million.
Liquidity and financing actions
Liquidity actions included a revamped credit facility extending maturities to 2030-2031.
The company raised via ATM forward settlements, with pending.
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