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Acadia Realty Trust's (AKR) CEO Ken Bernstein on Q1 2021 Results - Earnings Call Transcript

May 02, 2021 8:46 AM ETAcadia Realty Trust (AKR)
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Acadia Realty Trust (NYSE:AKR) Q1 2021 Earnings Conference Call April 29, 2021 11:00 AM ET

Company Participants

Nathan Niemiec – Development Intern

Ken Bernstein – President and Chief Executive Officer

John Gottfried – Chief Financial Officer

Amy Racanello – Senior Vice President, Capital Markets and Investments

Conference Call Participants

Todd Thomas – KeyBanc Capital Markets

Floris van Dijkum – Compass Point

Linda Tsai – Jefferies

Chris McCurry – Citi

Craig Schmidt – Bank of America

Hong Zhang – JPMorgan


Good day and thank you for standing by. Welcome to the Acadia Realty Trust's First Quarter 2021 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers’ presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today’s conference is being recorded. [Operator Instructions]

I would now like to hand the conference over to your speaker today, Nathan Niemiec. Please go ahead.

Nathan Niemiec

Good morning and thank you for joining us today for the first quarter 2021 Acadia Realty Trust earnings conference call. My name is Nathaniel Niemiec, and I've been an intern in our development department since summer of 2020 and will be transitioning to full-time this spring. Before we begin, please be aware that statements made during the call that are not historical may be deemed forward-looking statements within the meanings of the Securities and Exchange Act of 1934 and 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 of the date of this call, April 29, 2021, and the company undertakes no duty to update them. During this call, management may refer to certain non-GAAP financial measures, including funds from

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