AKR ACADIA REALTY TRUST

FY2025 10-K
Filed: Feb 13, 2026
Financials
Real Estate Investment TrustsSEC EDGAR

ACADIA REALTY TRUST (AKR) filed its fiscal year 2025 10-K annual report with the SEC on Feb 13, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Core business model: Acquisition, development, and management of retail properties in supply-constrained, densely populated markets with high household incomes
  • Emphasis on development activities with significant risk factors including construction delays, cost overruns, financing challenges, and regulatory approvals
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Management Discussion & Analysis

  • Revenue growth: REIT Portfolio NOI $157.6M in 2025 vs $140.3M in 2024, up 12.3% YoY ($17.3M increase)
  • Same-Property NOI +5.7% YoY to $139.1M from $131.6M; Same-Property Revenues $193.3M vs $186.9M; Operating Expenses $54.1M vs $55.3M
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Risk Factors

  • Debt maturity concentration $94.4M on 840 N. Michigan due Dec 2026 with 6.50% effective interest rate
  • Real estate impairment charges $37.2M in 2025 vs $1.7M in 2024, pro-rata share $8.9M reflect increased asset risk
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Financial Summary
XBRL

Revenue

$411M

Net Income

$17M

Operating Margin

12.0%

Net Margin

4.1%

ROE

0.8%

Total Assets

$4.8B

EPS (Diluted)

$0.10

Operating Cash Flow

$167M

Source: XBRL data from ACADIA REALTY TRUST FY2025 10-K filing on SEC EDGAR. All figures in USD.

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