Quarterly report pursuant to Section 13 or 15(d)

REVENUE (Tables)

v3.23.1
REVENUE (Tables)
3 Months Ended
Mar. 31, 2023
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue The following tables present revenues disaggregated by significant product offerings, which align with the Company’s performance obligations and the basis for calculating each amount for the three months ended March 31, 2023 and 2022 (in thousands):
Three Months Ended March 31,
FUND MANAGEMENT FEES 2023 2022
Funds $ 52,135  $ 51,209 
Joint ventures and separately managed accounts 1,714  1,491 
Total fund management fees $ 53,849  $ 52,700 
Three Months Ended March 31,
PROPERTY MANAGEMENT AND LEASING FEES 2023 2022
Seniors Housing $ 6,868  $ 7,106 
Multifamily 6,736  5,313 
Office 3,895  4,264 
Single-Family Rental 2,400  1,596 
Total property management and leasing fees $ 19,899  $ 18,279 
Three Months Ended March 31,
CONSTRUCTION MANAGEMENT FEES 2023 2022
Multifamily $ 2,236  $ 1,383 
Office 831  434 
Seniors Housing 145  70 
Logistics 71  — 
Single-Family Rental — 
Total construction management fees $ 3,285  $ 1,887 
Three Months Ended March 31,
TRANSACTION FEES 2023 2022
Acquisition fees $ 173  $ 16,597 
Brokerage fees 2,204  5,401 
Total transaction fees $ 2,377  $ 21,998