Investment in Real Estate, Net (Table)

3 Months Ended

Mar. 31, 2023

Investment in Real Estate, Net

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

	March 31,		December 31,
	2023		2022
Development property:
Residential	$	168,591	$	171,504
Hospitality		191,143		200,209
Commercial		144,321		131,133
Other		3,647		3,618
Total development property		507,702		506,464
Operating property:
Residential		7,899		7,854
Hospitality		244,795		221,542
Commercial		366,056		356,242
Other		83		127
Total operating property		618,833		585,765
Less: Accumulated depreciation		100,249		95,968
Total operating property, net		518,584		489,797
Investment in real estate, net	$	1,026,286	$	996,261