Acadia Realty Trust
411 Theodore Fremd Ave, Suite 300 Rye, NY 10580
People:
Acadia Realty Trust portfolio
$356.1 million – condo 76%, D4 9%; Brooklyn 59%, Manhattan 32%
172th largest portfolio by dollar value
974,563 sqft – condo 72%, retail 11%;
340th largest by SF
31 properties – Manhattan 67%, Brooklyn 25%
126th largest
172 residential units – Manhattan 98%, Brooklyn 1%
626th largest by residential units
0 foreclosures, 1 bankruptcy, 3 other court cases.
Company Activity past 24 months:
Buyer company: 8 for $165.8 million
Seller company: 1 for $48.2 million
Borrower company: 1 for $33 million
Lender company: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Brookfield Properties (4), Bank of America (2), Thor Equities (2), MARK Capital Management (1), Oaktree Capital Management (1), EMP Capital (1), East Coast Acquisitions (1), Soffer family (1), Waterbridge Capital (1), Bridge Investment Group (1)
Top Ten Associated People:
Jake Nathan (4), David Israel (1), Bryan Sather (1), Cary Kleinmam (1), Joel Schreiber (1), Gregory Egli (1), James Chung (1), Jason Blacksberg (1), Babak Bobby Zar (1), Mark D. Mermel (1)
Latest Stories:
• Acadia Realty Trust pays $18.9M to MARK Capital Mgmt. for Williamsburg retail (November 06, 2024)
• Acadia pays $35M for retail in Williamsburg near ESRT holdings (October 24, 2024)
• Waterbridge signs $64.1M refi with Acadia for five properties in Williamsburg (March 29, 2022)
• Bobby Zar’s ZG Capital pays $10M to Acadia for Noho loft building (June 14, 2021)
Litigation: