Subsequent Events (Tables)

9 Months Ended

Sep. 30, 2021

Subsequent Events [Abstract]

Schedule of Subsequent Transactions

The following transactions occurred subsequent to September 30, 2021 (in millions):

Real Estate Properties and Joint Ventures

Purchases

Property Name	Purchase Date	Ownership Percentage	Sector	Location	Net Purchase Price(1)
735 Watkins Mill	10/01/2021	50.00%	Land	Gaithersburg, MD	$	5.9
Storage Portfolio IV(2)	10/06/2021	90.00%	Storage	Phoenix, AZ	$	17.3
Weston Business Center - Building E&F(3)	10/14/2021	100.00%	Industrial	Weston, FL	$	110.0
Dry Creek(4)	10/21/2021	50.00%	Office	Englewood, CA	$	11.5
Storage Portfolio IV(2)	11/02/2021	90.00%	Storage	Sugarland, TX	$	11.8

(1) The net purchase price represents the purchase price and closing costs.

(2) The Account purchased a 90% interest in a storage facility held in the Account's Storage Portfolio IV joint venture investment.

(3) Buildings held in the Account's Weston Business Center investment.

(4) Property held in the Account's Juniper MOB Portfolio joint venture investment.

Sales

Property Name	Sales Date	Ownership Percentage	Sector	Location	Net Sales Price(1)		Realized Gain on Sale(2)
1500 Owens	10/5/2021	50.0%	Office	San Francisco, CA	$	81.7	$	7.7
409 & 499 Illinois St.	10/5/2021	40.0%	Office	San Francisco, CA	$	253.9	$	51.7

(1) The net sales price represents the sales price, less selling expenses.

(2) Majority of the realized gain has been previously recognized as unrealized gains(losses) in the Account's Consolidated Statements of Operations.

Loans Receivable

Originations

Borrower Name	Transaction Date	Interest Rate	Sector	Maturity Date	Amount
Sixth & Main	10/20/2021	3.85% + LIBOR	Office	11/09/2025	$	67.4