Investment in Real Estate, Net (Table)

6 Months Ended

Jun. 30, 2024

Investment in Real Estate, Net

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

	June 30,		December 31,
	2024		2023
Development property:
Residential	$	145,189	$	141,145
Hospitality		34,550		23,633
Commercial		112,001		99,719
Other		3,188		2,924
Total development property		294,928		267,421
Operating property:
Residential		10,254		10,905
Hospitality		418,219		419,095
Commercial		441,098		439,671
Total operating property		869,571		869,671
Less: Accumulated depreciation		128,663		118,474
Total operating property, net		740,908		751,197
Investment in real estate, net	$	1,035,836	$	1,018,618