(a)Deferred financing costs related to all other debt liabilities (other than for the revolving credit facility) are netted against those debt liabilities for all periods presented. See Note 2: Significant Accounting Policies – Deferred Financing Costs.

(b)Includes as of September 30, 2021 and December 31, 2020, respectively, an interest-free note receivable with a net present value of $0.8 million and $1.2 million which matures in April 2023. Also includes $4.8 million, net of a loan loss allowance of $5.2 million, as of September 30, 2021, of seller-financing provided by the Company to the buyers of the Metropark portfolio. The receivable is secured against available cash of one of the Metropark properties disposed of and earned an annual return of four percent for 90 days after the disposition, with the interest rate increased to 15 percent thereafter. The Company recorded a loan loss allowance charge of $5.2 million at September 30, 2021 based on expected losses, by calculating the net present value of estimated cash flows of one property of the Metropark portfolio as the Company considered the principal amount to be past due (See Note 12: Disclosure of fair value of assets and liabilities). Such charge was recorded in Interest and other investment income (loss) for the three and nine months ended September 30, 2021. The Company elected to account for the Metropark receivable under the cost recovery method and moved the Metropark receivable to a non-accrual status. There is no interest accrued associated with the note receivable. See Note 3: Transactions – Real Estate Held for Sale/Discontinued Operations/Dispositions.

(c)All goodwill is attributable to the Company’s Multi-family Real Estate and Services segment.

(d)This amount has a corresponding liability of $23.7 million, which is included in Accounts payable, accrued expense and other liabilities. See Note 13: Commitments and Contingencies – Ground Lease agreements for further details.

(e)Includes as of September 30, 2021 and December 31, 2020, $1.7 million and $42.5 million, respectively, for properties classified as discontinued operations.

(a)Deferred financing costs related to all other debt liabilities (other than for the revolving credit facility) are netted against those debt liabilities for all periods presented. See Note 2: Significant Accounting Policies – Deferred Financing Costs.

(b)Includes as of September 30, 2021 and December 31, 2020, respectively, an interest-free note receivable with a net present value of $0.8 million and $1.2 million which matures in April 2023. Also includes $4.8 million, net of a loan loss allowance of $5.2 million, as of September 30, 2021, of seller-financing provided by the Company to the buyers of the Metropark portfolio. The receivable is secured against available cash of one of the Metropark properties disposed of and earned an annual return of four percent for 90 days after the disposition, with the interest rate increased to 15 percent thereafter. The Company recorded a loan loss allowance charge of $5.2 million at September 30, 2021 based on expected losses, by calculating the net present value of estimated cash flows of one property of the Metropark portfolio as the Company considered the principal amount to be past due (See Note 12: Disclosure of fair value of assets and liabilities). Such charge was recorded in Interest and other investment income (loss) for the three and nine months ended September 30, 2021. The Company elected to account for the Metropark receivable under the cost recovery method and moved the Metropark receivable to a non-accrual status. There is no interest accrued associated with the note receivable. See Note 3: Transactions – Real Estate Held for Sale/Discontinued Operations/Dispositions.

(c)All goodwill is attributable to the Company’s Multi-family Real Estate and Services segment.

(d)This amount has a corresponding liability of $23.7 million, which is included in Accounts payable, accrued expense and other liabilities. See Note 13: Commitments and Contingencies – Ground Lease agreements for further details.

(e)Includes as of September 30, 2021 and December 31, 2020, $1.7 million and $42.5 million, respectively, for properties classified as discontinued operations.