ACADIA REALTY TRUST (AKR) Form 424B5 — Nov 3, 2026
Acadia Realty Trust filed a 424B5 prospectus supplement on November 3, 2026 amending its $500 million ATM equity offering sales agreement dated February 14, 2025, adding Citizens JMP Securities as a sales agent and forward purchaser. Having already sold $300.9 million of shares under the program, roughly $199.1 million of capacity remains available for at-the-market issuance. Sales may be made through nine sales agents or via forward sale agreements with forward purchasers including Bank of America, Goldman Sachs, Jefferies, JPMorgan Chase, TD Bank, Truist and Wells Fargo, with commissions capped at 2.0%.
Key figures
- Gross Proceeds
- $500,000,000 total program capacity; $199,062,233.91 remaining available
- Offering Price
- at-the-market, at prevailing prices (last reported sale $19.39 on 2026-11-02)
- Shares Outstanding
- 138141732
- Term loan 75m
- $75.0 million, matures July 25, 2030, SOFR + 1.20%
- Max commission
- 2.0%
- Ytd acquisitions
- approximately $351.4 million
- Offering expenses estimate
- $400,000
- Common op units outstanding
- 6420258
- Prior gross sales under program
- $300,937,766.09
- Revolver outstanding sept 30 2026
- $232.3 million
- Term loans outstanding sept 30 2026
- $900 million
AI analysis
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