Results of Operations and Financial Condition.

Other Events On June 2, 2026, we entered into an agreement to acquire Ranch Lake Apartments, a 336-unit multifamily property (the “Property”) located in Bradenton, Florida. The purchase price is approximately $80 million (subject to customary closing purchase price adjustments), including the assumption of an approximately $45.7 million mortgage insured by HUD. The mortgage carries an interest rate of 2.91% and matures in 2056. The completion of the transaction, which is anticipated to close…

Results of Operations and Financial Condition.

Results of Operations and Financial Condition.

Chief Financial Officer — George Zweier: Mr. Zweier retired as chief financial officer and was succeeded by Isaac Kalish.

Results of Operations and Financial Condition.

Results of Operations and Financial Condition.

Executive Vice President — Mitchell Gould: Mitchell Gould, the Executive Vice President, is retiring and no immediate replacement is planned.

Executive Vice President — Mitchell Gould: Mitchell Gould intends to retire in early 2026, leading to a potential replacement and accelerated vesting of his restricted stock awards.

Results of Operations and Financial Condition.

Results of Operations and Financial Condition.

CFO — George Zweier: George Zweier intends to resign his positions over the next two years.

Results of Operations and Financial Condition.

Other Information On August 22, 2024, we obtained a $27.4 million mortgage on our Woodland Trails- LaGrange, GA property (the “Financing”). Such debt bears a fixed interest rate of 5.22% and is interest only until maturity in 2031. As noted in our Quarterly Report on Form 10-Q for the period ended June 30, 2024, we anticipate using the proceeds from the Financing to invest in multi-family properties (including preferred equity investments) and for general corporate purposes (including the rep…

Results of Operations and Financial Condition.

Entry into a Material Definitive Agreement The information set forth in

Creation of a Direct Financial Obligation or an Obligation under an Off- Balance Sheet Arrangement of a Registrant. On July 12, 2024, we and VNB New York, LLC (the "Lender") entered into the third amendment dated July 9, 2024 (the "Amendment") to the Amended and Restated Loan Agreement made as of November 18, 2021, as amended, by and between us and the Lender (the "Initial Credit Facility"; the Initial Credit Facility as amended by the Amendment, the "Credit Facility"). The Amendment extended…

Results of Operations and Financial Condition.

Results of Operations and Financial Condition. On March 12, 2024, we issued a (i) press release announcing our results of operations for the three months and twelve months ended December 31, 2023 (the "Covered Periods") and related matters and (ii) supplemental financial information for the Covered Periods. The press release and the supplemental financial information are furnished as Exhibit 99.1 and Exhibit 99.2, respectively, to this Current Report on Form 8-K and are incorporated herein by…

Results of Operations and Financial Condition. On November 6, 2023, we issued a press release announcing our results of operations for the three months ended September 30, 2023. The press release refers to certain supplemental financial information available on our website. The press release and the supplemental financial information are furnished as Exhibit 99.1 and Exhibit 99.2, respectively, to this Current Report on Form 8-K. The information in this Item 2.02, including the information in…

Creation of a Direct Financial Obligation or an Obligation under an Off- Balance Sheet Arrangement of a Registrant. The information set forth in

Other Information On August 29, 2023, we and VNB New York, LLC (the "Lender") entered into the second amendment dated August 22, 2023 (the "Amendment") to the Amended and Restated Loan Agreement made as of November 18, 2021, as amended, by and between us and the Lender (the "Initial Credit Facility"; the Initial Credit Facility as amended by the Amendment, the "Credit Facility"). The Amendment converted the index on which interest on the credit facility is calculated from the prime rate to SO…

Entry into a Material Definitive Agreement

Results of Operations and Financial Condition. On August 7, 2023, we issued a press release announcing our results of operations for the three months ended June 30, 2023. The press release refers to certain supplemental financial information available on our website. The press release and the supplemental financial information are furnished as Exhibit 99.1 and Exhibit 99.2, respectively, to this Current Report on Form 8-K. The information in this Item 2.02, including the information included…

Other Events Share repurchase program On June 14, 2023, we (i) extended the term of our share repurchase program from December 31, 2023 (the "2023 Program") to December 31, 2025 (the "2025 Program") and (ii) authorized the repurchase of up to $10 million (inclusive of the approximate $1.99 million of shares that remained unpurchased pursuant to the 2023 Program), of shares that may be purchased pursuant to the 2025 Program. I tem 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit N…