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New words:
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Financial report summary
?Management Discussion
- As of December 31, 2023, we had eight wholly owned multifamily properties containing an aggregate of 2,520 apartment units and one real estate-related investment, which is a senior mortgage loan (note receivable).
- On November 1, 2023 we disposed of the Flats at Fishers and on December 19, 2023 we acquired the Camellia Apartments.
- The Disposition of the Flats at Fishers did not qualify to be reported as discontinued operations since it did not represent a strategic shift that had a major effect on our operations and financial results. Accordingly, the operating results of the Flats at Fishers are reflected in our results from continuing operations for all periods presented through its date of disposition.