RYE, N.Y. - Acadia Realty Trust (NYSE:AKR), a real estate investment trust (REIT) known for its core portfolio and series of discretionary institutional funds, has announced the promotion of three executives to support its growth. The promotions, effective as of today, are part of the company's strategy to enhance its investment and asset management capabilities.
Reggie Livingston, who joined Acadia in 2011, has been elevated to Executive Vice President, Chief Investment Officer. In this role, Livingston will continue to lead the development of investment strategies and oversee the sourcing, underwriting, and execution of new investments. His promotion follows a series of advancements within the company, including his prior role as Senior Vice President, Chief Investment Officer in 2023.
Samantha Stapleton has been named Vice President, Asset Management after a decade with Acadia, starting as an intern in 2013. Stapleton's new responsibilities include shaping the long-term asset management strategy and implementing value creation solutions to optimize the performance of Acadia's portfolio. Her promotion follows her successful transition to the asset management team and her role as Senior Director, Asset Management in 2023.
Christina Lamendola's advancement to Vice President, Strategic Lease Management comes after her progressive roles within the lease administration team since 2015. Lamendola will oversee her team while taking on additional responsibilities, including implementing the company's tenant payment portal, negotiating tenant deals, and enhancing billing and collection strategies. She previously served as Senior Director, Lease Administration.
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