Acadia Realty Trust Amends $525M Revolver, Extends Maturity to April 2030
On April 17, 2026, Acadia Realty Trust and its operating partnership entered a Fourth Amended and Restated Credit Agreement with Bank of America as administrative agent. The facility extends the $525.0 million revolving credit facility to April 17, 2030 and restructures term loans, including a new $137.5 million term loan and an increase of an existing term loan to $512.5 million, with a maturity of April 17, 2031. The filing states the company's credit facilities now carry extended maturities and an accordion feature allowing capacity up to $2.0 billion, subject to customary conditions.
Key points
- Revolving facility of $525.0 million extended from April 15, 2028 to April 17, 2030, with two six-month extension options
- New Term Loan A-3 of $137.5 million maturing April 17, 2031; existing term loan increased from $400.0 million to $512.5 million with the same maturity
- Term Loan A-2 of $250.0 million maturing May 29, 2030 carried over from the existing facility
- Facility includes an accordion feature to increase capacity up to $2.0 billion at the Operating Partnership's option
The filing
Written by AI on Nov 8, 2026, 1:49 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 20, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.