Annual report pursuant to Section 13 and 15(d)

Revenue (Tables)

v3.22.0.1
Revenue (Tables)
12 Months Ended
Dec. 31, 2021
Fund Management Fees [Member]  
Disaggregation of Revenue [Line Items]  
Summary of Disaggregation of Revenue The following tables present revenues disaggregated by product offering, which aligns with the Company’s performance obligations and the basis for calculating each amount:

 

FUND MANAGEMENT FEES

 

Year Ended December 31,

 

(in thousands)

 

2021

 

 

2020

 

 

2019

 

Funds

 

$

150,418

 

 

$

104,571

 

 

$

113,676

 

Joint ventures and separately managed accounts

 

 

5,510

 

 

 

5,664

 

 

 

4,518

 

Total fund management fees

 

$

155,928

 

 

$

110,235

 

 

$

118,194

 

Property Management And Leasing Fees [Member]  
Disaggregation of Revenue [Line Items]  
Summary of Disaggregation of Revenue

 

PROPERTY MANAGEMENT AND LEASING FEES

 

Year Ended December 31,

 

(in thousands)

 

2021

 

 

2020

 

 

2019

 

Seniors Housing

 

$

25,560

 

 

$

27,227

 

 

$

26,295

 

Multifamily

 

 

17,955

 

 

 

15,352

 

 

 

13,202

 

Office

 

 

26,139

 

 

 

17,407

 

 

 

20,257

 

Total property management and leasing fees

 

$

69,654

 

 

$

59,986

 

 

$

59,754

 

Construction Management Fees [Member]  
Disaggregation of Revenue [Line Items]  
Summary of Disaggregation of Revenue

 

CONSTRUCTION MANAGEMENT FEES

 

Year Ended December 31,

 

(in thousands)

 

2021

 

 

2020

 

 

2019

 

Multifamily

 

$

4,925

 

 

$

4,059

 

 

$

4,011

 

Office

 

 

2,969

 

 

 

3,608

 

 

 

2,568

 

Seniors Housing

 

 

398

 

 

 

488

 

 

 

733

 

Total construction management fees

 

$

8,292

 

 

$

8,155

 

 

$

7,312

 

Transaction Fees [Member]  
Disaggregation of Revenue [Line Items]  
Summary of Disaggregation of Revenue

 

TRANSACTION FEES

 

Year Ended December 31,

 

(in thousands)

 

2021

 

 

2020

 

 

2019

 

Acquisition fees

 

$

60,834

 

 

$

30,849

 

 

$

38,503

 

Brokerage fees

 

 

14,239

 

 

 

8,449

 

 

 

9,585

 

Total transaction fees

 

$

75,073

 

 

$

39,298

 

 

$

48,088