Acadia Realty Trust Bolsters Investment and Asset Management Team with Executive Promotions
Acadia Realty Trust recently announced the promotion of three executives in a move to strengthen its investment and asset management capabilities. The real estate investment trust (REIT) is known for its core portfolio and discretionary institutional funds.
Reggie Livingston, who joined the company in 2011, has been promoted to the role of Executive Vice President, Chief Investment Officer. Livingston will continue to lead the development of investment strategies and oversee the sourcing, underwriting, and execution of new investments. This promotion follows a series of advancements within the company, including his prior role as Senior Vice President, Chief Investment Officer in 2023.
Samantha Stapleton, who has been with Acadia for a decade, has been named Vice President, Asset Management. 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. She began her journey at the company as an intern in 2013 and has since successfully transitioned to the asset management team, serving as Senior Director, Asset Management in 2023.
Christina Lamendola, on the other hand, has been promoted to Vice President, Strategic Lease Management after her progressive roles within the lease administration team since 2015. In her new role, Lamendola will oversee her team while taking on additional responsibilities such as implementing the company’s tenant payment portal, negotiating tenant deals, and enhancing billing and collection strategies. Prior to her promotion, she served as Senior Director, Lease Administration.
These promotions highlight Acadia Realty Trust’s commitment to strengthening its investment and asset management capabilities. With Livingston, Stapleton, and Lamendola at the helm, the company aims to enhance its portfolio’s performance and drive future growth.
Analyst comment
Positive news: Acadia Realty Trust has promoted three executives to strengthen its investment and asset management capabilities.
Short analysis: With these promotions, Acadia Realty Trust aims to enhance portfolio performance and drive future growth in the market.
