Investment in Real Estate, Net (Table)

3 Months Ended

Mar. 31, 2024

Investment in Real Estate, Net

Schedule of investment in real estate, excluding unconsolidated JVs, by property type and segment

	March 31,		December 31,
	2024		2023
Development property:
Residential	$	139,391	$	141,145
Hospitality		27,595		23,633
Commercial		106,282		99,719
Other		3,048		2,924
Total development property		276,316		267,421
Operating property:
Residential		10,294		10,905
Hospitality		417,864		419,095
Commercial		440,870		439,671
Total operating property		869,028		869,671
Less: Accumulated depreciation		122,417		118,474
Total operating property, net		746,611		751,197
Investment in real estate, net	$	1,022,927	$	1,018,618