ACQUISITIONS OF CONSOLIDATED PROPERTIES (Tables)

9 Months Ended

Sep. 30, 2026

ACQUISITIONS OF CONSOLIDATED PROPERTIES

Schedule of purchase accounting allocation and reconciliation to net cash consideration of the properties acquired


			September 30,
			2026			2025
Real estate investment acquired			$	27,718		$	21,008
Acquired lease intangible assets				753			792
Assumed assets				34			345
Total Assets Acquired			$	28,505		$	22,145
Other liabilities				(87)			(772)
Net assets acquired				28,418			21,373
Equity/limited partnership unit consideration				(10,045)			(10,518)
Net cash consideration			$	18,373		$	10,855

Real Estate Property Acquisitions 2026

ACQUISITIONS OF CONSOLIDATED PROPERTIES

Schedule of acquisitions

Date

Property Name

Location

Property Type

Units/ Square Footage/ Acres

Total Net Assets Acquired

2/9/26

Stonebridge Apartments

Fargo, ND

Apartment Complex

246 units

$

26,716

5/12/26

Patricia Ann Apartments

Fargo, ND

Apartment Complex

36 units

1,702

$

28,418

Real Estate Property Acquisitions 2025

ACQUISITIONS OF CONSOLIDATED PROPERTIES

Schedule of acquisitions

Date

Property Name

Location

Property Type

Units/ Square Footage/ Acres

Total Net Assets Acquired

7/16/25

Sterling Pointe

Grand Forks, ND

Apartment Complex

196 units

$

21,373

$

21,373