Is Acadia Realty Trust a Millionaire-Maker REIT?

Matthew DiLallo, The Motley Fool
·4 min read
Is Acadia Realty Trust a Millionaire-Maker REIT?
Is Acadia Realty Trust a Millionaire-Maker REIT?

Real estate investment trusts (REITs) have been great wealth-creating vehicles over the years. From 1972 through the end of last year, REITs generated an average annual total return of 13.3%, beating the S&P 500's 12.1% total return. Here's a look at whether retail REIT Acadia Realty Trust (NYSE: AKR) has this same capability of enriching long-term investors.