Subsequent Events

6 Months Ended

Jun. 30, 2022

Subsequent Events [Abstract]

Subsequent Events

14. Subsequent Events

Subsequent to June 30, 2022, the Company:

• Sold one property consisting of 455 apartment units for approximately $415.0 million;

• Entered into $200.0 million of forward starting swaps to hedge changes in interest rates related to future taxable secured or unsecured debt issuances; and  

• Sent a redemption notice on its $500.0 million unsecured notes due in 2023. The redemption is expected to occur in the third quarter of 2022 and will be funded from disposition proceeds.