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Real Estate Acquisitions and Dispositions (Tables) | 9 Months Ended
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Sep. 30, 2021
Real Estate [Abstract] |
Schedule of Real Estate Asset Acquisitions and Dispositions | The following table reflects the Company’s acquisition activity for the nine months ended September 30, 2021:
Multifamily Development Acquisitions (1) |  | Market |  | Units (2) |  |  | Date Acquired
Novel Daybreak |  | Salt Lake City, UT |  |  | 400 |  |  | April 2021
Novel West Midtown |  | Atlanta, GA |  |  | 340 |  |  | April 2021
(1) These pre-purchase multifamily community developments are being developed through joint ventures with a local developer. The Company owns 80% of each joint venture that owns these properties. (2) Represents number of units upon completion of the development.
Land Acquisition |  | Market |  | Acres |  | Date Acquired
MAA Westshore |  | Tampa, FL |  | 19 |  | June 2021
The following table reflects the Company’s disposition activity for the nine months ended September 30, 2021:
Multifamily Disposition |  | Market |  | Units |  |  | Date Sold
Crosswinds |  | Jackson, MS |  |  | 360 |  |  | June 2021
Pear Orchard |  | Jackson, MS |  |  | 389 |  |  | June 2021
Reflection Pointe |  | Jackson, MS |  |  | 296 |  |  | June 2021
Lakeshore Landing |  | Jackson, MS |  |  | 196 |  |  | June 2021
Land Disposition |  | Market |  | Acres |  |  | Date Sold
Colonial Promenade |  | Huntsville, AL |  |  | 1 |  |  | September 2021
Tutwiler |  | Birmingham, AL |  |  | 9 |  |  | September 2021

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