A Legacy of Excellence and Leadership
Acadia Realty Trust (NYSE:AKR) is an equity real estate investment trust focused on delivering long-term, profitable growth through its dual platforms—core and investment management. We drive external growth through the acquisition, ownership, and redevelopment of retail properties, including street retail, urban/infill sites, and suburban shopping centers.
Over decades, we’ve witnessed the world transform, but one truth remains constant: the enduring human need for a deeper experience—to explore, to connect, to discover.
At Acadia, we don’t just fill spaces
We give them care and attention—we give them stories that enrich life and affirm our trusted position as a leader in the everyday.
64
Cities
Nationwide
$6
Billion
of assets under management
14
Million
sq ft gla
Acadia’s diverse portfolio has a national reach to create spaces that tell their own stories and help define communities across the U.S.
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Our Acquisitions
Approach
Strategic Investments
Our balance sheet platform targets high street assets in select markets with demonstrated rent growth potential—markets where we can build scale. Our Investment Management Platform focuses on core plus, value-add, and opportunistic deals where we can leverage our institutional capital relationships.
Expertise-Driven
Leveraging in-house expertise in leasing, construction, and management, we capitalize on these opportunities. We also restructure debt and partnership positions, including assets impacted by bankruptcy foreclosure.
Swift, Smart Transactions
With our flexible investment platform and credit lines, we can act swiftly and close deals quickly, including all-cash transactions, while considering the seller's needs, such as tax deferment. Our team is continuously evaluating the landscape to strengthen our platform.
The Leaders
Behind Acadia
With over 30 years of industry leadership, the Acadia team contains a diverse group of seasoned experts who work together to guide partners and transform ideas into reality.
Kenneth F. Bernstein is the President and Chief Executive Officer of Acadia Realty Trust, which he co-founded in 1998. Acadia Realty Trust is a real estate investment trust specializing in the acquisition, redevelopment, and management of open-air retail properties. The company currently owns and operates a portfolio of properties valued at approximately $5 billion throughout the United States.
Jason Blacksberg joined Acadia in 2014 and is accountable for leading and executing Acadia’s legal strategy and affairs. He also maintains oversight of the Company’s ESG program. Prior to joining the Company, Mr. Blacksberg was Senior Vice President of Investments & Assistant General Counsel at the Trump Organization. Before joining Trump, he was an Associate at the law firm of Davis Polk & Wardwell. Mr. Blacksberg began his legal career as a law clerk to Chief Judge Marilyn Huff in the U.S. District Court, Southern District of CA. He received his law degree from Georgetown University Law Center and has a bachelor’s degree from the University of Pennsylvania.
John Gottfried joined Acadia Realty Trust in June 2016 as Chief Financial Officer and is responsible for all accounting, financial reporting, budgeting/forecasting, real estate finance, capital market activities, tax and treasury functions. He joined Acadia after 18 years at PwC, where he was a Partner and most recently served as the assurance leader of PwC’s New York City Real Estate practice. He earned a Bachelor of Science degree in Business Administration from the University of Dayton and is a Certified Public Accountant and a member of the American Institute of Certified Public Accountants.
Reggie Livingston is responsible for leading the external growth initiatives of the company with ultimate oversight of investment strategy, acquisitions, dispositions, asset management, and fundraising for the investment management platform. Previously, he served in deal making capacities across product types for various private equity investors and entrepreneurial companies. He is an active member of ICSC serving as a Trustee of the organization and a board member of the ICSC Foundation. He further serves on the boards of Lionheart Strategic Management, the Steers Center for Global Real Estate at Georgetown University, and the Jackie Robinson Foundation. He’s also a member of ULI’s Commercial Retail Council (Gold) where he serves on the executive committee. He received his Bachelor of Science in Finance from Georgetown University and a Juris Doctor degree from George Washington University School of Law.
Richard M. Hartmann is responsible for managing the operations of the accounting, lease administration and treasury functions. Prior to joining Acadia in 1997, he held positions at Kimco Realty Corporation and Coopers and Lybrand. Mr. Hartmann is a Certified Public Accountant and received a Master of Science in Real Estate Finance from New York University and a Bachelor of Business Administration from Hofstra University.
Alexander Levine joined Acadia in 2019 and oversees all leasing activities for Acadia’s Core and Investment Management platforms. Prior to Acadia, Mr. Levine served as Chief Operating Officer for Ashkenazy Acquisition Corp., primarily overseeing all leasing and development activities across the company’s international portfolio of retail and hospitality assets. Mr. Levine attended the University of Michigan at Ann Arbor where he received a BA in Political Science.
Heather Moore has been a member of the Legal Department since 2003 and is the Chief Compliance Officer. She is responsible for overseeing all aspects of the operational side of the Department including leasing, landlord/tenant related matters, construction, and redevelopment projects. She also works in conjunction with the Human Capital Department to advise on and address issues for the Company. Prior to joining Acadia, Ms. Moore worked at the law firms of Shutts and Bowen, LLP and Tripp Scott, P.A.. Ms. Moore received both her Bachelor of Business, with honors and law degree from the University of Miami. She is a member of the Florida Bar and the International Council of Shopping Centers.
Joseph M. Napolitano has been Senior Vice President and Chief Administrative Officer of Acadia Realty Trust since April 2007 and is accountable for managing the Company’s property management, human resources, marketing and information technology disciplines. He has been with the Company since 1995, and has 35 years of real estate experience. Mr. Napolitano has a bachelor’s degree in Business Administration from Adelphi University, is a Master Human Capital Strategist (MHCS) as certified by the Human Capital Institute, is a Certified Property Manager (CPM) by the Institute of Real Estate Management, and is a Real Property Administrator (RPA) certified by the Building Owners and Managers Institute International. Mr. Napolitano is also a board member for DDI (Developmental Disabilities Institute), a non-profit, multi-site agency serving the special needs of children with Autism and other developmental disabilities.
Mark O’Connor directs Acadia’s Property Management, Construction, and Tenant Coordination divisions. Mr. O’Connor is a graduate of the University of Connecticut with a bachelor’s degree in economics, is a Certified Shopping Center Manager (CSM, ICSC), a licensed New York State Real Estate Salesperson and a Board of Education Trustee for the Mahopac Central School District (2017-2020). Prior to joining Acadia in 2007, Mr. O’Connor was employed in the property management discipline with Simon Property Group (1997-2007) and Central Parking Corporation (1992-1997).