Acadia Realty Trust (AKR) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, thank you for standing by. Welcome to the third quarter 2025 Acadia Realty Trust Earnings Conference call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press star 11 on your telephone. If your question has been answered and you would like to remove yourself from the queue, Press star 11 again. We ask you to limit to one question and one follow-up, and you may get back in the queue as time allows. Please be advised that today's conference is being recorded. I would now like to turn the conference over to Gabriella Betillo, Junior Lease Admin Analyst. Please go ahead. Good afternoon, and thank you for joining us for the third quarter 2025 Acadia Realty Trust Earnings Conference Call. My name is Gabriella Vitiello and I am a junior lease administration analyst in our lease administration department. Before we begin, please be aware that the statements made during the call that are not historical may be deemed forward-looking statements within the meaning of the Securities and Exchange Act of 1934. The actual results may differ materially from those indicated by such forward-looking statements. Due to a variety of risks and uncertainties, including those disclosed in the company's most recent form, 10-K, and other periodic filings with the SEC, forward-looking statements speak only as the date of this call, October 29, 2025, and the company undertakes no duty to update them. During this call, management may refer to certain non-GAAP financial measures, including funds from operations and net operating income. Please see Acadia's earnings press release posted on its website for reconciliations of these non...