Acadia Realty Trust appoints trustee Tamara Fischer
Fischer's initial term extends through the 2027 annual meeting and until a successor is duly elected and qualifies.
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Rhea-AI Filing Summary
Acadia Realty Trust (AKR) appointed Tamara Fischer as a trustee effective October 19, 2026, and named her to its Nominating and Corporate Governance Committee. Fischer brings three decades of REIT-industry experience. She most recently was Executive Chairperson of National Storage Affiliates Trust from April 2023 until its acquisition by Public Storage in July 2026, after serving as its CEO from January 2020 to March 2023. She currently serves as an independent director of Mid-America Apartment Communities and JLL Income Property Trust.
8-K Event Classification
Key Figures
Key Terms
real estate investment trust financial
triple net lease REIT financial
Regulation FD regulatory
institutional co-investment vehicles financial
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Appointment of Trustee
On October 19, 2026, the board of trustees (the “Board”) of Acadia Realty Trust (the “Company”) appointed Tamara Fischer as a trustee of the Company, effective as of the same day, to serve until the Company’s 2027 annual meeting of shareholders and until her successor is duly elected and qualifies. The Board also appointed Ms. Fischer to its Nominating and Corporate Governance Committee, effective as of the same day.
Ms. Fischer is a seasoned financial and real estate executive with three decades of experience in the real estate investment trust ("REIT") industry. She most recently served as Executive Chairperson of National Storage Affiliates Trust (“NSA”) from April 2023 until NSA’s acquisition by Public Storage in July 2026, and previously served as NSA’s Chief Executive Officer (January 2020 – March 2023), President (July 2018 – June 2022), and Chief Financial Officer (2013 – December 2019). Prior to NSA, Ms. Fischer served as Executive Vice President and Chief Financial Officer of Vintage Wine Trust, Inc., a triple net lease REIT focused on real estate assets related to the U.S. domestic wine industry, from 2004 to 2008, and as Executive Vice President and Chief Financial Officer of Chateau Communities, Inc., one of the largest REITs in the manufactured home community sector, from 1993 to 2003.
Ms. Fischer currently serves as an independent director on the boards of Mid-America Apartment Communities, Inc. (NYSE: MAA), where she has served since 2023 and is a member of the Audit Committee and Real Estate Investment Committee, and JLL Income Property Trust, Inc., where she has served since 2023 and is chair of the Audit Committee. She previously served as a director of NSA, from 2020 until its acquisition by Public Storage in July 2026, and of Duke Realty Corporation (NYSE: DRE) from 2020 to 2022. Ms. Fischer also served on the Nareit Advisory Board of Governors from January 2025 until July 2026, the Nareit Executive Board from 2021 to 2024, and as Past Chairperson of the Board of the Self Storage Association from 2020 to 2024. She is a certified public accountant (inactive) and received a Bachelor of Arts in Business Administration from Case Western Reserve University.
The Company’s compensation program for its non-employee trustees is described in the Company’s Proxy Statement for its 2026 annual meeting of shareholders, filed with the Securities and Exchange Commission on March 31, 2026, and such description is incorporated herein by reference. Ms. Fischer will receive compensation for her service in accordance with the program.
There are no arrangements or understandings between Ms. Fischer and any other person pursuant to which Ms. Fischer was appointed to the Board. There are no transactions in which Ms. Fischer has an interest requiring disclosure under Item 404(a) of Regulation S-K.
Item 7.01 Regulation FD Disclosure.
On October 19, 2026, the Company issued a press release announcing the appointment of Ms. Fischer to the Board, a copy of which is furnished herewith as Exhibit 99.1. The information in Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1 attached hereto, is being “furnished” and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of Section 18, nor shall it be deemed incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit Number |
Description |
99.1 |
Press release dated October 19, 2026 |
104 |
Cover Page Interactive Data File (formatted as inline XBRL with applicable taxonomy extension information contained in Exhibit 101.) |
SIGNATURES
Pursuant to the requirements of the Exchange Act, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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Acadia Realty Trust |
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October 19, 2026 |
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/s/ John Gottfried |
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John Gottfried |
Exhibit 99.1
Acadia Realty Trust
(914) 288-8100
Acadia Realty Trust Announces Appointment of Tamara Fischer to Board of Trustees
RYE, NY (October 19, 2026) – Acadia Realty Trust (NYSE:AKR) (“Acadia” or the “Company”) today announced the appointment of Tamara Fischer to the Company’s Board of Trustees (the “Board”) and to the Nominating and Corporate Governance Committee of the Board, effective October 19, 2026.
Ms. Fischer is a seasoned financial and real estate executive with three decades of experience in the real estate investment trust ("REIT") industry. She most recently served as Executive Chairperson of National Storage Affiliates Trust (“NSA”) from April 2023 until NSA’s acquisition by Public Storage in July 2026, and previously served as NSA’s Chief Executive Officer (January 2020 – March 2023), President (July 2018 – June 2022), and Chief Financial Officer (2013 – December 2019). Prior to NSA, Ms. Fischer served as Executive Vice President and Chief Financial Officer of Vintage Wine Trust, Inc., a triple net lease REIT focused on real estate assets related to the U.S. domestic wine industry, from 2004 to 2008, and as Executive Vice President and Chief Financial Officer of Chateau Communities, Inc., one of the largest REITs in the manufactured home community sector, from 1993 to 2003.
Ms. Fischer currently serves as an independent director on the boards of Mid-America Apartment Communities, Inc. (NYSE: MAA), where she has served since 2023 and is a member of the Audit Committee and Real Estate Investment Committee, and JLL Income Property Trust, Inc., where she has served since 2023 and is chair of the Audit Committee. She previously served as a director of NSA, from 2020 until its acquisition by Public Storage in July 2026, and of Duke Realty Corporation (NYSE: DRE) from 2020 to 2022. Ms. Fischer also served on the Nareit Advisory Board of Governors from January 2025 until July 2026, the Nareit Executive Board from 2021 to 2024, and as Past Chairperson of the Board of the Self Storage Association from 2020 to 2024. She is a certified public accountant (inactive) and received a Bachelor of Arts in Business Administration from Case Western Reserve University.
“Tammy brings deep financial and executive leadership experience in the REIT industry and a sophisticated understanding of our sector, and we are fortunate to welcome her as a Trustee,” stated Lee S. Wielansky, Lead Trustee of the Board. “We believe her perspective and insight will be a valuable addition to our Board as we continue to execute on our strategy with discipline and a focus on long-term value creation.”
About Acadia Realty Trust
Acadia Realty Trust is an equity real estate investment trust focused on delivering long-term, profitable growth. Acadia owns and operates a high-quality real estate portfolio of street and open-air retail properties in the nation's most dynamic retail corridors (“REIT Portfolio”), along with an investment management platform that targets opportunistic and value-add investments through its institutional co-investment vehicles (“Investment Management”). For further information, please visit www.acadiarealty.com.
The Company uses, and intends to use, the Investors page of its website, which can be found at https://www.acadiarealty.com/investors, as a means of disclosing material nonpublic information and of complying with its disclosure obligations under Regulation FD, including, without limitation, through the posting of investor presentations and certain portfolio updates. Additionally, the Company uses its LinkedIn profile to communicate with its investors and the public. Accordingly, investors are encouraged to monitor the Investors page of the Company's website and its LinkedIn profile, in addition to following the Company’s press releases, SEC filings, public conference calls, presentations and webcasts.
Safe Harbor Statement
Certain statements in this press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). We intend these forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and we are including this statement for the purposes of complying with those safe harbor provisions, in each case, to the extent applicable. Forward-looking statements, which are based on certain assumptions and describe the Company's future plans, strategies and expectations (including with regards to its acquisition pipeline and development activities) are generally identifiable by the use of words such as “may,” “will,” “should,” “expect,” “anticipate,” “estimate,” “believe,” “intend” or “project,” or the negative thereof, or other variations thereon or comparable terminology. Forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the Company's actual results and financial performance to be materially different from future results and financial performance expressed or implied by such forward-looking statements, including, but not limited to: (i) macroeconomic conditions, including due to geopolitical instability (such as ongoing armed conflicts and heightened regional tensions in the Middle East), contemplated tariff increases and other trade restrictions, which may lead to a disruption of or lack of access to the capital markets, disruptions and instability in the banking and financial services industries and rising inflation; (ii) the Company’s success in implementing its business strategy and its ability to identify, underwrite, finance, consummate and integrate diversifying acquisitions and investments (including the potential acquisitions discussed in this press release); (iii) changes in general economic conditions or economic conditions in the markets in which the Company may, from time to time, compete, including the impact of recently announced tariffs on our tenants and their customers, and their effect on the Company’s and our tenants' revenues, earnings and funding sources and those of our tenants; (iv) increases in the Company’s borrowing costs as a result of
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rising inflation, changes in interest rates and other factors; (v) the Company’s ability to pay down, refinance, restructure or extend its indebtedness as it becomes due; (vi) the Company’s investments in joint ventures and unconsolidated entities, including its lack of sole decision-making authority and its reliance on its joint venture partners’ financial condition; (vii) the Company’s ability to obtain the financial results expected from its development and redevelopment projects; (viii) the ability and willingness of the Company's tenants to renew their leases with the Company upon expiration, the Company’s ability to re-lease its properties on the same or better terms in the event of nonrenewal or in the event the Company exercises its right to replace an existing tenant, and obligations the Company may incur in connection with the replacement of an existing tenant; (ix) the Company’s potential liability for environmental matters; (x) damage to the Company’s properties from catastrophic weather and other natural events, and the physical effects of climate change; (xi) the economic, political and social impact of, and uncertainty surrounding, any future public health crisis which may adversely affect us and our tenants’ business, financial condition, results of operations and liquidity; (xii) uninsured losses; (xiii) the Company’s ability and willingness to maintain its qualification as a REIT in light of economic, market, legal, tax and other considerations; (xiv) information technology (“IT”) security breaches, including increased cybersecurity risks relating to the use of remote technology and artificial intelligence (“AI”); (xv) the Company’s ability to pay dividends at current levels and the board’s discretion in authorizing future dividends; (xvi) risks associated with our use of AI tools, which could result in reputational harm, and legal or regulatory liability; (xvii) the loss of key executives; and (xviii) the accuracy of the Company’s methodologies and estimates regarding corporate responsibility metrics, goals and targets, tenant willingness and ability to collaborate towards reporting such metrics and meeting such goals and targets, and the impact of governmental regulation on our corporate responsibility efforts.
The factors described above are not exhaustive and additional factors could adversely affect the Company’s future results and financial performance, including the risk factors discussed under the section captioned “Risk Factors” in the Company’s most recent Annual Report on Form 10-K and other periodic or current reports the Company files with the SEC. Any forward-looking statements in this press release speak only as of the date hereof. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any changes in the Company’s expectations with regard thereto or changes in the events, conditions or circumstances on which such forward-looking statements are based.
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