ACQUISITIONS (Tables)

6 Months Ended

Jun. 30, 2023

ACQUISITIONS

Schedule of acquisitions

Date	Property Name	Location	Property Type	Units/ Square Footage/ Acres		Purchase Price
2/28/22	Deer Park	Hutchinson, MN	Apartment Complex	138 units	$	15,073
5/31/22	Desoto Estates	Grand Forks, ND	Apartment Complex	68 units		5,863
5/31/22	Desoto Townhomes	Grand Forks, ND	Townhomes	24 units		3,226
5/31/22	Desoto Apartments	East Grand Forks, MN	Apartment Complex	24 units		1,230
6/10/22	Diamond Bend	Mandan, ND	Apartment Complex	78 units		10,919
					$	36,311

Schedule of acquisition date fair values, before prorations recorded in conjunction with acquisitions

	Six months ended
	June 30,
	2023		2022
Real estate investment acquired	$	-	$	35,953
Acquired lease intangible assets		-		619
Assumed Assets		-		3
Total Assets Acquired	$	-	$	36,575
Other liabilities		-		(264)
Net assets acquired		-		36,311
Equity/limited partnership unit consideration		-		(10,180)
Net cash consideration	$	-	$	26,131