Significant Transactions During the Nine Months Ended September 30, 2026 and Subsequent Events (Tables)

9 Months Ended

Sep. 30, 2026

Investments, Debt and Equity Securities [Abstract]

Schedule of Disposition of Real Estate Interests

The table below summarizes disposition activity for the nine months ended September 30, 2026 ($ in millions):

Property Name	Location	Date	Apartment Homes	Sale Price at Pro Rata Share
Collins on Pine	WA	Aug-26	76	$	30.0	(1)
Marina City Club	CA	Aug-26	101	11.0		(2)
Total dispositions			177	$	41.0

(1)    The Company recognized a $6.8 million gain on sale of real estate and land in the condensed consolidated statements of income and comprehensive income.

(2)     Concurrent with the disposition, the Company recorded a $10.7 million impairment loss in the condensed consolidated statements of income and comprehensive income to write down the property’s carrying value to its fair value.