CNSREIT-AR-2024 Final - Flipbook - Page 108
Rental Revenue, Property Operating Expenses and Depreciation and Amortization
During the year ended December 31, 2024, rental revenues, property operating expenses and depreciation and
amortization were recognized as a result of our acquisitions of four properties during the period. We did not have any rental
revenues, property operating expenses and depreciation and amortization during the year ended December 31, 2023.
General and Administrative Expenses
During the year ended December 31, 2024, we incurred general and administrative expenses (other than stock
compensation expense) of approximately $2.0 million. Pursuant to the Expense Limitation and Reimbursement Agreement,
by and between, the Company and the Advisor (the
