Now, we recognize that most of our internal information is more often than not a lagging, not a leading indicator and it’s heavily anecdotal, so some level of caution appropriate. And probably most importantly, our view is however bumpy this recovery may remain to be, we believe we’re well positioned both in terms of our existing portfolio, our balance sheet and our external investment platform.So, first, in terms of our portfolio performance in the second quarter our same store performance for the quarter and year-to-date were stronger than we had originally forecasted. This is primarily due to fact that our team was able to retain a higher percentage of tenants with lower default rates than was originally anticipated.
Acadia Realty Trust Q2 2010 Earnings Call Transcript
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.