Acadia Realty Trust (NYSE:AKR) Q2 2022 Results Earnings Conference Call August 8, 2022 12:00 PM ET

Company Participants

Jacob Bennett - Investor Relations Contact

Kenneth Bernstein - President and Chief Executive Officer

John Gottfried - Executive Vice President, Chief Financial Officer

Amy Racanello - Senior Vice President, Capital Markets and Head of Asset Management

Conference Call Participants

Todd Thomas - KeyBanc Capital Markets, Inc.

Ki Bin Kim - Truist Securities

Craig Mailman - Citigroup

Craig Schmidt - Bank of America Merrill Lynch

Linda Tsai - Jefferies

Michael Mueller - J.P. Morgan Securities, Inc.

Operator

Welcome to Acadia Realty Trust Second Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speaker presentation, there will be a question-and-answer session. [Operator Instructions].

I would now like to hand the call over to Jacob Bennett. Please go ahead.`

Jacob Bennett

Good afternoon and thank you for joining us for the second quarter 2022 Acadia Realty Trust Earnings Conference Call. My name is Jacob Bennett and I am a summer intern in our acquisitions 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, August 3, 2022, 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 as time permits.

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

Kenneth Bernstein

Thank you. Great job, Jacob. Thanks to you and the rest of our summer intern class for their hard work and the energy that they brought to our offices this summer and welcome everybody.