Niche Plays to Acadia Realty Trust’s Advantage, According to CEO
Ken Bernstein, president and CEO of Acadia Realty Trust (NYSE: AKR), joined REIT.com for a CEO Spotlight video interview during REITWeek 2014: NAREIT’s Investor Forum, held in New York.
Acadia Realty has closed on five acquisitions in 2014 and has more in its pipeline. Bernstein acknowledged that the marketplace is “competitive.” The company’s niche focus on “dense, high street retail” in the East Coast and Chicago has played to its advantage, according to Bernstein.
