Acadia Realty Trust announced the year-end promotions for the following professionals to support its continued growth: John Gottfried has been promoted to Executive Vice President. In this role, he will continue to lead the financial strategy and planning for the Company with responsibility for capital raising, finance and treasury management, accounting, tax, internal audit and investor relations. Mr. Gottfried has been a key leader in ensuring the Company is positioned to achieve its long-term goals and strategic initiatives. Mr. Gottfried has served as Senior Vice President, Chief Financial Officer for the Company since 2016. Jason Blacksberg has been promoted to Senior Vice President, Chief Legal Officer. In this role, he continues to oversee the provision of all legal services and is responsible for all legal, governance, and compliance matters and strategies for the Company. Mr. Blacksberg also maintains oversight of the Company's environmental, social and governance (ESG) program. Among his responsibilities, Mr. Blacksberg has been critical in driving the Company's long-term goals and growth initiatives. He also serves as Corporate Secretary for the Board of Trustees. Mr. Blacksberg has served as Senior Vice President, General Counsel for the Company since 2014. Additionally, the Company is announcing the resignation of Christopher Conlon, Executive Vice President, Chief Operating Officer. Mr. Conlon will be pursuing other endeavors as the CEO of a private company and will be departing in February. Mr. Conlon joined Acadia in 2008 as Senior Vice President, Leasing and Development. He was later promoted to Executive Vice President, Chief Operating Officer in January 2012.
Also following the departure of Mr. Conlon, Senior Vice President of Capital Markets Amy L. Racanello has been promoted to add Head of Asset Management to her portfolio of responsibilities. She continues to lead the Company's institutional fund platform in addition to assuming responsibility for value-creation activities across core and fund properties. Since joining the Company in 2008, Ms. Racanello has established herself as pivotal to the Company's evolution and growth, leading $1 billion in capital raises and driving strategy for the Company's series of funds.
Acadia Realty Trust is a fully integrated equity real estate investment trust (REIT). The Company is focused on the ownership, acquisition, development, and management of retail properties located primarily in high-barrier-to-entry, supply-constrained, densely populated metropolitan areas in the United States. The Company operates through three segments: Core Portfolio, Funds and Structured Financing. The Company's Core Portfolio segment consists primarily of retail properties located primarily in high-barrier-to-entry, densely populated metropolitan areas with a long-term investment horizon. The Company's Funds segment holds primarily retail real estate in which the Company co-invests with high-institutional investors. The Company's Structured Financing segment consists of earnings and expenses related to notes and mortgages receivable, which are held within the Core Portfolio or the Funds. The Company has ownership interests in approximately 201 properties within its core portfolio.