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SUBSEQUENT EVENTS
12 Months Ended
Dec. 31, 2021
SUBSEQUENT EVENTS  
SUBSEQUENT EVENTS

NOTE 14 – SUBSEQUENT EVENTS

In March 2022, our joint venture with Pacolet Milliken entered into a contract to sell The Berkley. The closing, which is subject to usual closing conditions as well as approval from the Department of Housing Preservation and Development of the assignment of the regulatory agreement, is scheduled to occur in April 2022 for a sale price of $71,020,000.  

In February 2022, we entered into an amendment to extend the maturity date of our Secured Line of Credit to March 2023.  

Other than as disclosed above, there were no subsequent events requiring adjustment to, or disclosure in, the consolidated financial statements.