| Business Summary | | Acadia
Realty
Trust
is
a
fully
integrated,
self-managed
and
self-administered
equity
real
estate
investment
trust
focused
primarily
on
the
ownership,
acquisition,
redevelopment
and
management
of
neighborhood
and
community
shopping
centers.
The
Company
operates
56
properties,
which
it
owns
or
has
an
ownership
interest
in,
consisting
of
47
neighborhood
and
community
shopping
centers,
four
redevelopment
retail
properties,
one
enclosed
mall
and
four
multi-family
properties,
all
of
which
are
located
in
the
Eastern
and
Midwestern
regions
of
the
United
States.
All
of
the
Company's
assets
are
held
by,
and
all
of
its
operations
are
conducted
through,
Acadia
Realty
Limited
Partnership
and
its
majority
owned
subsidiaries. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | AKR
is
a
fully
integrated,
self-managed
and
self-administered
equity
REIT
focused
on
the
ownership,
acquisition,
redevelopment
and
management
of
neighborhood
and
community
shopping
centers.
For
the
six
months
ended
6/01,
revenues
fell
11%
to
$43.6
million.
Net
income
before
extraordinary
items
and
accounting
change
totalled
$9.7
million,
up
from
$4.8
million.
Results
reflect
planned
termination
of
various
tenant
leases,
offset
by
a
gain
of
$7
million
in
property
sales. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Ross Dworman, 41 Chairman | $521K | Kenneth Bernstein, 39 Pres,
CEO, Director | 508K | Perry Kamerman CFO,
Sr. VP-Fin. | 251K | Timothy Bruce Sr.
VP of Leasing | 282K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|