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We'll also provide an update on our asset management activities, our recent dividend declarations, our expectations for dividends going forward, our recent investment activities and current investment pipeline, and several other noteworthy updates. Net asset value, or NAV -- or NAV, increased by $0.77 per share or 2.6% times and 2.1
We're also providing updates on our asset management activities, our recent dividend declarations, our expectations for dividends going forward, our recent investment activities and current investment pipeline, and several other noteworthy updates. After which, we'll be happy to take your questions. at the end of the second quarter.
It is the contract, still subject to some final duediligence. It's prudent to reduce leverage -- but Jeff, I think you indicated before at NAREIT that you thought raising equity in the $25 to $27 range would be appropriate. Jeff Witherell -- Chairman and Chief Executive Officer Hey, Todd, thanks for the question.
Limited partners are also gravitating towards their lower managementfees, and the flexibility that comes with co-investing on a deal by deal basis. The firm utilizes experienced operators to help expedite duediligence and identify ways to unlock value.”
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