Furthermore, our team has made significant progress with the redevelopment and densification of City Center in San Francisco with the ongoing permitting with the city as well as securing the necessary tenant approvals including the recapture of 55,000 feet at the Best Buy space in the first half of 2018 which was critical to the overall project development plans. As we move through the balance of the year I will continue to provide updates as to where we stand against both our short-term goals and beyond. But we continue to reaffirm our expectation of our profitable recapture and releasing of space enabling us to achieve not only the projected 5% to 7% same-store NOI growth in 2018 but more importantly, the continued growth of our overall NOI which is integral to this, to our strategy of creating long-term NAV. Moving on to our balance sheet; our balance sheet has never been stronger. With our core debt-to-EBITDA at 4.4x along with our overall leverage and nominal debt maturities. We are well positioned to withstand any shops that could occur in the financial markets. Further, given our access to capital to the dry powder of $1.5 billion in our fund business, as well as through the quality of able to retain cash flow and liquidity from our available lines. We are uniquely positioned to capitalize on our opportunities that may arise. Our $150 million line is fully available to us with no amounts drawn in March กระเป๋าสตางค์ผู้หญิงราคาถูก 31 and a minor amount of scheduled debt maturities in 2017 which we will repay or refinance at rates well below our existing pricing.
For the original version including any supplementary images or video, visit https://seekingalpha.com/article/4065195-acadia-realty-trusts-akr-ceo-ken-bernstein-q1-2017-results-earnings-call-transcript?source=feed_all_articles