Item 2. Properties
ITEM 2. PROPERTIES
Residential Properties in Operation
Count Property Location Year Constructed Units Occupancy
1 Blue Lake Villas Waxahachie, TX 2002 186 96.2 %
2 Blue Lake Villas Phase II Waxahachie, TX 2004 70 95.7 %
3 Chelsea Beaumont, TX 1999 144 93.8 %
4 Forest Grove Bryan, TX 2020 84 97.6 %
5 Landing on Bayou Cane Houma, LA 2005 240 94.2 %
6 Legacy at Pleasant Grove Texarkana, TX 2006 208 94.2 %
7 Northside on Travis Sherman, TX 2008 200 91.5 %
8 Parc at Denham Springs Denham Spring, LA 2007 224 96.4 %
9 Parc at Denham Springs Phase II Denham Springs, LA 2010 144 93.8 %
10 Residences at Holland Lake Weatherford, TX 2004 208 95.7 %
11 Villas at Bon Secour Gulf Shores, AL 2007 200 88.5 %
12 Villas of Park West I Pueblo, CO 2005 148 96.2 %
13 Villas of Park West II Pueblo, CO 2010 112 94.6 %
14 Vista Ridge Tupelo, MS 2009 160 93.8 %
2,328
Residential Properties in Construction
Count Property Location Units
1 Alera Lake Wales, FL 240
2 Bandera Ridge Temple, TX 216
3 Merano McKinney, TX 216
4 Mountain Creek Dallas, TX 234
906
12
Commercial Properties
Count Property Location Year Constructed Rentable Square Feet Occupancy
1 770 South Post Oak Houston, TX 1970 95,528 55.7 %
2 Browning Place Dallas, TX 1984 626,529 54.3 %
3 Senlac Dallas, TX 1971 2,812 100.0 %
4 Stanford Center Dallas, TX 2007 335,367 50.5 %
1,060,236
The following table summarizes our commercial lease expirations as of December 31, 2024:
Year of Lease
Expiration Number of Leases Expiring Square Foot ("SF") of Leases Expiring % of Total Leased SF by Expiring Leases Ending Rent/SF of Expiring Leases % of Total Rent Represented by Expiring Leases
2025 7 29,913 5 % 20.77 4.2 %
2026 5 23,668 4 % 23.86 3.8 %
2027 6 16,906 3 % 26.07 3.0 %
2028 7 37,360 7 % 24.46 6.2 %
2029 11 109,678 19 % 21.59 16.0 %
Thereafter 26 348,171 62 % 23.20 66.8 %
62 565,696 100 % 100.0 %
13
Land Investments
Project Location Acres
Held for development
Athens Athens, AL 33
EQK Portage Kent, OH 49
McKinney 36 Collin County, TX 18
Ocean Estates Gulfport, MS 12
Willowick Pensacola, FL 40
Mercer Crossing Commercial Farmers Branch, TX 19
Windmill Farms Kaufman County, TX 1,488
Other Various 36
1,695
Held subject to sales contract
Windmill Farms Kaufman County, TX 109
1,804
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.