Real Estate Acquisitions and Dispositions

3 Months Ended

Mar. 31, 2019

Notes To Financial Statements [Abstract]

Real Estate Acquisitions and Dispositions

Real Estate Acquisitions and Dispositions

The following table reflects the Company's acquisition activity for the three months ended March 31, 2019:

Multifamily Acquisition (1)	Market	Units	Date Acquired
Novel Midtown	Phoenix, AZ	345	February 2019

⁽¹⁾ This pre-purchase multifamily community development is being developed through a joint venture with a local developer. The Company holds an 80% interest in the joint venture.

The following table reflects the Company's disposition activity for the three months ended March 31, 2019:

Land Disposition	Market	Acres	Date Sold
Peachtree Road - Outparcel	Atlanta, GA	1	February 2019
Commercial Disposition	Market	Sq Ft	Date Sold
Poplar Avenue Office	Memphis, TN	42,000	March 2019