Acadia Realty Trust (NYSE:AKR) Q4 2022 Results Conference Call February 15, 2023 11:00 AM ET

Company Participants

Romero Reyes - Property Accountant, Accounting Department

Ken Bernstein - President and Chief Executive Officer

Stuart Sealy - Senior Managing Director of Strategy and Public Markets

John Gottfried - Executive Vice President and Chief Financial Officer

Conference Call Participants

Floris van Dijkum - Compass Point

Linda Tsai - Jefferies

Todd Thomas - KeyBanc Capital Markets

Craig Schmidt - Bank of America

Ki Bin Kim - Truist

Michael Mueller - JP Morgan

Craig Mailman - Citi

Michael Mueller - JP Morgan

Operator

Good day and thank you for standing by. Welcome to the Fourth Quarter 2022 Acadia Realty Trust 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.

I would now like to hand the conference over to Romero Reyes.

Romero Reyes

Good morning and thank you for joining us for the fourth quarter 2022 Acadia Realty Trust earnings conference call. My name is Romero Reyes, and I am a Property Accountant in our Accounting Department.

Before we begin, please be aware that 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, 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, February 15, 2023, 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-GAAP financial measures with the most directly comparable GAAP financial measures. Once the call becomes open for questions, we ask that you limit your first round to two questions per caller to give everyone the opportunity to participate. You may ask further questions by reinserting yourself into the queue and we will answer them as time permits.

Now, it is my pleasure to turn the call over to Ken Bernstein, President and Chief Executive Officer, who will begin today's management remarks.