Is now the time to invest in Retail Real Estate?Surely you can’t be serious WW? We’re about to enter a recession! Everyone is struggling for cash, the economy is faltering.
Commercial real estate prices have corrected over 25% since the start of 2022. The source:
fred.stlouisfed.org
In some instances in the US, corrections of up to 40% have be
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0.18 USD
20.46 M USD
359.69 M USD
119.03 M
About Acadia Realty Trust
Sector
Industry
CEO
Kenneth F. Bernstein
Website
Headquarters
Rye
Founded
1964
FIGI
BBG000BJGD54
Acadia Realty Trust is a real estate investment trust, which engages in delivering operating platforms and investment strategy. It operates through the following business segments: Core Portfolio, Investment Management, and Structured Financing. The Core Portfolio segment consists of retail properties. The Investment Management segment consists of suburban shopping centers and urban retail assets structured as wholly owned by Funds or through jointly owned investments. The Structured Financing segment involves earnings and expenses related to notes and mortgages receivable which are held within the Core Portfolio or the Funds. The company was founded by Kenneth F. Bernstein in 1964 and is headquartered in Rye, NY.
Acadia Realty TrustAcadia Realty Trust witnessed a sharp rebound after forming a new higher low at 17.14, violating the major resistance area 17.73 - 17.90 by yesterday's session, and the confirmation of this breakout by remaining above 17.90 by today's session, will confirm the current uptrend, which will trigger fu
Go longI like this stock and this is why:
Ver strong long support line.
The stock did a very great bouce today so im expecting a reversal on the upside.
The stock went down for 6 days in a row and today we see a very nice move up so there is potential for a reversal because when you see a great down move
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Neutral
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An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.