Kenneth F. Bernstein
President and Chief Executive Officer
Mr. Bernstein is President and Chief Executive Officer of Acadia. Mr. Bernstein is responsible for strategic planning as well as overseeing the day-to-day activities of Acadia including operations, acquisitions and capital markets.

Mr. Bernstein served as the Chief Operating Officer of RD Capital, Inc. from 1990 until the creation of Acadia Realty Trust through the merger of RD Capital with Mark Centers Trust in August of 1998. Prior to joining RD capital, Mr. Bernstein was an associate with the New York law firm of Battle Fowler, LLP, from 1986 to 1990.

Mr. Bernstein received his Bachelor of Arts Degree from the University of Vermont and his Juris Doctorate from Boston University School of Law. Mr Bernstein also serves on the Board of Directors for BRT Realty Trust. He is an active member of the International Council of Shopping Centers (ICSC), National Association of Real Estate Investment Trusts (NAREIT), Urban Land Institute (ULI), National Association of Corporate Directors (NACD), and the Real Estate Roundtable. Mr. Bernstein is also a member of the Young President’s Organization (YPO), where he is the chairman of the Real Estate Network. He is a member of the Board of Trustees of BRT Realty (NYSE:BRT).


Lee S. Wielansky
Chairman and Chief Executive Officer of Midland Development Group, Inc.
Lee S. Wielansky, the Company's Independent Lead Trustee, has been a trustee since May 2000. Mr. Wielansky is Chairman and Chief Executive Officer of Midland Development Group, Inc., which focuses on the development of retail properties in the Mid-West. From November 2000 to March 2003, Mr. Wielansky served as Chief Executive Officer and President of JDN Development Company, Inc. and a director of JDN Realty Corporation through its merger with Developers Diversified Realty Corporation in 2003. He was also a founding partner and Chief Executive Officer of Midland Development Group, Inc. from 1983 through 1998 when the company was sold to Regency Centers Corporation. Mr. Wielansky serves as the Vice Chairman of the board of directors of Pulaski Bank where he also serves on the loan committee and acts as the chair of the compensation committee, is a director of Isle of Capri Casinos, and is a director of The Jewish Federation in St. Louis, MO.

Lorrence T. Kellar
Former Vice President of Retail Development, Continental Properties
Lorrence T. Kellar was elected as an independent trustee in November 2003. Mr. Kellar retired as Vice President, Retail Development for Continental Properties in November 2009 and is a director of Multi-Color Corporation (Chairman), Frisch’s Restaurants, and Sper Group, Inc. Prior to joining Continental Properties, Mr. Kellar served as Vice President of Real Estate with Kmart Corporation from 1996 to 2002. From 1965 to 1996, Mr. Kellar served with The Kroger Co., the country’s second largest supermarket company, where his final position was Group Vice President of the Finance and Real Estate.

Douglas Crocker II
Former Chief Executive Officer, Equity Residential
Douglas Crocker II became a trustee in November 2003. Mr. Crocker was most recently the Chief Executive Officer of Equity Residential, a multi-family residential REIT. During Mr. Crocker’s tenure, Equity Residential grew from 21,000 apartments with a total market cap of $700 million to a $17 billion company with over 225,000 apartments. Mr. Crocker was also a former Managing Director of Prudential Securities, and from 1982 to 1992 served as Chief Executive Officer of McKinley Finance Group, a privately held company involved with real estate, banking and corporate finance. From 1979 to 1982 Mr. Crocker was President of American Invesco, the nation’s largest condominium conversion company, and from 1969 to 1979 served as Vice President of Arlen Realty and Development Company. He currently sits on the boards of the following companies: Ventas, Cypress Sharpridge Mortgage REIT, and Post Properties. Mr. Crocker has been a five-time recipient of Commercial Property News’ Multifamily Executive of the Year Award, a three-time winner of their REIT Executive of the Year Award and three-time winner of Realty Stock Review’s Outstanding CEO Award. He has over forty years of real estate experience.

Wendy Luscombe
President and CEO of WKL Associates, Inc.
Wendy Luscombe has been a Trustee of the Company since 2004. She is
Principal of WKL Consulting, successor to WKL Associates, Inc., a real
estate investment manager and consultant founded in 1994. Ms. Luscombe
has managed investment portfolios totaling $5 billion over the last 25 years
and has represented foreign investors including UK Prudential and British
Coal Pension Funds in their United States real estate investment initiatives.
For ten years she was Chief Executive Officer of Pan American Properties,
Inc., a public REIT sponsored by British Coal Pension Funds. She was also a
member of the Board of Governors of NAREIT. Ms. Luscombe has served
on various boards of public companies in both the United States and United
Kingdom for over 25 years and is an "audit committee financial expert" as
that term is defined by the SEC. Currently she serves as Co-Lead Director,
Executive Committee Member and Audit Committee member for the Zweig
Fund and Zweig Total Return Fund, public closed-end mutual funds.
Additionally, she serves as Chairman of the Management Oversight
Committee for the Deutsche Bank International Real Estate Opportunities
Funds IA and IB and a Board Member and Audit Committee member for
Feldman Mall Properties, a private REIT. She was formerly a Board
Member, Chairman of the Investment Committee and member of the Audit
Committee for PXRE Group Ltd., a New York Stock Exchange listed
Reinsurance Company. She resigned from her positions with PXRE Group
Ltd. in August 2007 when the company merged with Argonaut Group, but
was appointed an outside director of PXRE Reinsurance Company, the
United States subsidiary of PXRE Group Ltd. which she resigned from in
March 2008. She was also a Board Member for Endeavour Real Estate
Securities and Amadeus Real Estate Securities, both private REIT mutual
funds. Ms. Luscombe is also a member of the NACD and an NACD
Certified Director and a member of NACD's teaching faculty, a Fellow of
the Royal Institution of Chartered Surveyors and a Member of the
Chartered Institute of Arbitrators.


William Spitz
Former Vice Chancellor for Investments and Treasurer of Vanderbilt University
William T. Spitz, age 56, has been a Trustee of the Company since August 2007. Mr. Spitz is currently a Principal and Director of Diversified Trust Company and Vice Chancellor for Investments Emeritus Vanderbilt University, Nashville, Tennessee. He was Vice Chancellor for Investments and Treasurer of Vanderbilt University from 1985 to July 2007. As Vice Chancellor for Investments at Vanderbilt Mr. Spitz was responsible for managing the University's $3.5 billion endowment. He was also a member of the Senior Management Group of the University, which is responsible for the day-to-day operations of the institution. During his tenure, the Vanderbilt endowment earned returns in the top 5% of a broad universe of endowments for multiple time frames. While at Vanderbilt, Mr. Spitz: conducted asset allocation studies and implemented detailed investment objectives and guidelines, developed a comprehensive risk management plan, invested in approximately two hundred limited partnerships in five illiquid assets classes, selected new custodians for both the endowment fund and the University's charitable remainder trusts and implemented a more aggressive approach to working capital management which increased returns by 2% per annum. In addition, Mr. Spitz was also on the faculty of Vanderbilt University as Clinical Professor of Management-Owen Graduate School of Management. He has also held various high-level positions with successful asset management companies and has served on the boards of several companies, including Cambium Global Timber Fund, The Common Fund, Diversified Trust Company and the Bradford Fund. He has also served on multiple advisory committees, including Acadia's Opportunity Funds Advisory Boards, on which he served from 2001 to July 2007. Mr. Spitz is a director of Mass Mutual Financial Group. Mr. Spitz is a published author and frequent speaker at industry conferences and seminars.