Archive for July 20th, 2008

20
Jul
08

Q1 2008 Acadia Realty Trust Earnings Conference Call – Final

And then this month we appointed Rockie Gajwani to the position of Senior Vice President where he will oversee both Redevelopment and Leasing for our portfolio. Rockie comes to us with extensive redevelopment and leasing experience, both from Vornado and then prior to that, Forest City Ratner. We are very pleased to have Rockie on board as well. So today to conclude, notwithstanding a difficult capital market environment and a softening economy, we are well positioned not to just respond to these difficulties but to capitalize on them as well. Our core portfolio is strong. Our balance sheet is solid and our acquisition initiatives position us to take advantage of any unique opportunities that may arise. I’d like to thank the members of Acadia for their hard work this past quarter and at this point we’d be happy to take any questions.

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