Investment in Real Estate, Net (Table)

9 Months Ended

Sep. 30, 2023

Investment in Real Estate, Net

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

	September 30,		December 31,
	2023		2022
Development property:
Residential	$	142,475	$	166,304
Hospitality		18,354		205,409
Commercial		103,648		131,133
Other		3,085		3,618
Total development property		267,562		506,464
Operating property:
Residential		10,900		7,854
Hospitality		416,533		221,542
Commercial		428,298		356,242
Other		—		127
Total operating property		855,731		585,765
Less: Accumulated depreciation		111,893		95,968
Total operating property, net		743,838		489,797
Investment in real estate, net	$	1,011,400	$	996,261