Acadia Realty Trust (AKR) Q2 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.578 the Acadia Realty Trust Second Quarter 2025 Earnings Conference Call. 00:00:05.578 -- 00:00:08.782 At this time, all participants are in listen-only mode. 00:00:08.782 -- 00:00:11.926 After the speaker's presentation, there will be a question and answer session. 00:00:11.926 -- 00:00:17.172 To ask a question during this session, you'll need to press star 1-1 on your telephone. 00:00:17.172 -- 00:00:20.416 If your question has been answered and you'd like to remove yourself from the queue, 00:00:20.416 -- 00:00:25.563 simply press star 1-1 again. We ask that you please limit yourself to one question and 00:00:25.563 -- 00:00:29.157 one follow-up. You may get back in the queue as time allows. 00:00:29.157 -- 00:00:32.280 As a reminder, today's program is being recorded. 00:00:32.280 -- 00:00:36.644 And now I'd like to introduce your host for today's program, John Forster, property accountant. 00:00:36.644 -- 00:00:39.184 Please go ahead, sir. 00:00:39.406 -- 00:00:43.830 Good afternoon, and thank you for joining us for the second quarter 2025 Acadia Realty 00:00:43.830 -- 00:00:47.793 Trust earnings conference call. My name is John Forster, and I am a property accountant 00:00:47.793 -- 00:00:51.597 in our accounting department. Before we begin, please be aware that statements made during 00:00:51.597 -- 00:00:54.960 the call that are not historical may be deemed forward-looking statements within the 00:00:54.960 -- 00:00:57.963 meaning of the Securities and Exchange Act of 1934. 00:00:57.963 -- 00:01:01.747 and actual results may differ materially from those indicated by such forward-looking 00:01:01.747 -- 00:01:06.591 statements. Due to a variety of risks and uncertainties, including those disclosed in 00:01:06.591 -- 00:01:11.336...