Speaker 0
months to a year? I mean, what would be normal stabilization and marketing timeline in your experience?
Well, again, those were not new construction assets. Those were existing properties that were bought by a 501c3 where a light rehab was done and a repositioning of the tenant base occurred in order to come into compliance with the regulatory agreement that was associated with the original mortgage tax exempt, mortgage revenue bond financing that was in place on those assets. So at this point in time, it's really a question of getting in there, dealing with the legacy tenant base to the extent that there were tenants who were at the properties who didn't necessarily meet the best resident selection criteria. We're working through that process right now, as well as evaluating potential capital improvements. So, you know, it's not like I've got a new construction project that I'm trying to lease up and I can kind of give you an expectation of what that leasing schedule is going to look like based on historic experience. Here's a situation where depending on the performance of the properties we might be at in the low to mid 80s in current occupancy, we may be lower than that depending on what the particulars were at that asset. So it's really hard for me to give you a blanket statement of we expect the projects to be back at what we would call sort of full economic performance by some period of time because the situation is different at each of the forests.
Speaker 0
And finally, it might be nice in the supplemental, if you were to break out the, you know, these, what Dean Lewis' foreclosures, the real estate from the operations, I think it'd make it easier for investors to be able to figure out what this is going to look like on a clean basis going forward. I mean, I can call it out after having some experience, but obviously it's costing you on the market price right there. But looking forward to better days, getting back to going back to the reservation. And you made some good money with a little editorial here. You made some good money with some of these JVs, but the market's changed. And I guess going back to your root cause with your primary lending is going to be the way going forward. So I appreciate the hard work. I look forward to better days.
Operator
Thank you. As a reminder, if you would like to ask a question, please press star 1 on your telephone keypad. There are no further questions at this time. I would now like to turn the floor back over to Ken Rogozinski for closing comments.
Thank you very much, everyone, for your participation today. We look forward to speaking with you again next quarter.
Operator
Ladies and gentlemen, thank you so much. This does conclude today's teleconference. We appreciate your participation. Please disconnect your lines at this time and have a wonderful day.