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Investments (Tables)
 9 Months Ended
Sep. 30, 2025
Equity Method Investments and Joint Ventures [Abstract]  
Real Estate Acquisition
The following real estate acquisitions occurred during the nine months ended September 30, 2025 (dollars in thousands):

Community nameLocationPeriodApartment homesPurchase price
Avalon Hill Country Austin, TXQ1 2025554$136,000 
Avalon Wolf RanchGeorgetown, TXQ1 2025303$51,000 
eaves Twin Creeks (1)Allen, TXQ2 2025216$44,784 
Avalon Benbrook (1)Benbrook, TXQ2 2025301$60,194 
Avalon Castle Hills (1)Lewisville, TXQ2 2025276$65,491 
Avalon Frisco (1)Frisco, TXQ2 2025330$80,419 
Avalon Frisco North (1)Frisco, TXQ2 2025349$88,606 
eaves North Dallas (1)Dallas, TXQ2 2025372$76,085 
Avalon at PalisadesCharlotte, NCQ3 2025274$72,300 
Avalon Coconut CreekCoconut Creek, FLQ3 2025270$99,000 
eaves Redmond Campus IIRedmond, WAQ3 202540$15,650 
Total3,285$789,529 
(1)    Included in the transaction to acquire six apartment communities in the Dallas-Fort Worth metropolitan area during the three months ended June 30, 2025.