Dispositions |
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| Dispositions | 3.Dispositions The following table summarizes disposition activity for the six months ended June 30, 2026:
In April 2026, we formed a real estate venture to recapitalize Tysons Dulles Plaza, a 491,494-square-foot commercial asset in Tysons, Virginia, with a total valuation of $43.6 million, in which we sold a 50.0% noncontrolling interest. In connection with the transaction, the real estate venture entered into a three-year, interest-only $37.9 million mortgage loan with an interest rate of Secured Overnight Financing Rate ("") plus 2.10%, of which $20.0 million was drawn at closing. We retained management of the asset and continue to account for the asset on a consolidated basis with our venture partners' share reflected in noncontrolling interests. |
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