As of December 31, 2021, our investments in real estate consisted of 123 apartment properties (unaudited). The table below summarizes real estate held for investment:

	2021			2020			Depreciable Lives (In years)
Land	$	567,507		$	251,365		-
Building		5,622,492			1,527,535		40
Furniture, fixtures and equipment		272,356			137,870		5-10
Total investments in real estate	$	6,462,355		$	1,916,770
Accumulated depreciation		(243,475	)		(208,618	)
Investments in real estate, net	$	6,218,880		$	1,708,152

As of December 31, 2021, we owned four properties that were classified as held for sale. The sale of these properties occurred during January and February of 2022. The table below summarizes our held for sale properties.

Property Name - Market	Net Carrying Value		Units (unaudited)		Sale Price
Riverchase - Indianapolis, IN	$	17,713	216		$	31,000
Heritage Park - Oklahoma City, OK		16,606	453			48,500
Raindance - Oklahoma City, OK		13,251	504			47,500
Haverford Place - Louisville, KY		13,990	160			31,050
Total	$	61,560		1,333	$	158,050

The below table summarizes asset acquisitions for the year ended December 31, 2021:

Property Name	Date of Purchase	Market	Units (unaudited)		Purchase Price
Solis City Park	05/18/2021	Charlotte, NC		272	$	66,544
Cyan Craig Ranch	06/08/2021	Dallas, TX		322		73,372
Total				594	$	139,916

As discussed in Note 3: IRT And STAR Merger, we acquired 68 properties (unaudited) comprised of 21,394 units (unaudited) that were accounted for as a business combination.

The following table summarizes the aggregate fair value of the assets and liabilities associated with asset acquisition of properties during the year ended December 31, 2021, on the date of acquisition.

Description	Fair Value of Assets Acquired During the Year Ended December 31, 2021
Assets acquired:
Investments in real estate (a)	$	139,336
Other assets		33
Intangible assets		757
Total assets acquired	$	140,126
Liabilities assumed:
Accounts payable and accrued expenses	$	795
Other liabilities		100
Total liabilities assumed		895
Estimated fair value of net assets acquired	$	139,231

The below table summarizes asset acquisitions for the year ended December 31, 2020:

Property Name	Date of Purchase	Market	Units (unaudited)		Purchase Price
Adley at Craig Ranch	02/11/2020	Dallas, TX		251	$	51,204
Legacy at Jones Farm	12/01/2020	Huntsville, AL		421		94,027
Total				672	$	145,231

The below table summarizes the dispositions for the year ended December 31, 2021:

Property Name	Date of Sale	Sale Price		Gain on sale (1)
King's Landing	07/28/2021	$	40,100	$	11,566
Crestmont	12/13/2021		48,500		33,067
Creekside	12/16/2021		91,000		43,104
Total		$	179,600	$	87,737

The below table summarizes the dispositions for the year ended December 31, 2020:

Property Name	Date of Sale	Sale Price		Gain (impairment loss) on sale
Trails at Signal Mountain	10/27/2020	$	20,000	$	6,237
Live Oak Trace (1)	11/10/2020		25,400		(1,931	)
Lakeshore on the Hill	11/23/2020		14,330		3,537
Total		$	59,730	$	7,843

The below table summarizes the dispositions for the year ended December 31, 2019:

Property Name	Date of Sale	Sale Price		Gain on sale (1)
Reserve at Eagle Ridge	04/30/2019	$	42,000	$	12,294
Little Rock, AR Portfolio	07/18/2019		56,500		2,220
Iron Rock	12/17/2019		56,000		20,683
Total		$	154,500	$	35,197