Dispositions

6 Months Ended

Jun. 30, 2024

Dispositions

Dispositions

3.Dispositions

Dispositions

The following is a summary of activity for the six months ended June 30, 2024:

							Gain (Loss)
			Gross		Cash		on the Sale
			Sales		Proceeds		of Real
Date Disposed	Assets	Segment	Price		from Sale		Estate
			(In thousands)
January 22, 2024	North End Retail	Multifamily	$	14,250	$	12,410	$	(1,200)
	Other (1)							1,486
							$	286

(1) Primarily related to certain previously recorded contingent liabilities which were relieved in connection with the sale of Central Place Tower by one of our unconsolidated real estate ventures. See Note 4 for additional information.

We are under contract to sell a multifamily asset located in Washington D.C. for $86.8 million that went firm on July 29, 2024. Subject to customary closing conditions, we anticipate that this transaction will close in 2024; however, we can make no assurances as to when or if the transaction will close.