-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, CfSix6bZO0G+FKIQzHQ0vT+7fPAVB4uHTqbtNWizBwBjUfBAyGmrIIXezMB7d4tm +k9Ks+ZZ3M0GAlf1IJYrog== 0001172661-09-000330.txt : 20090217 0001172661-09-000330.hdr.sgml : 20090216 20090217103840 ACCESSION NUMBER: 0001172661-09-000330 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20081231 FILED AS OF DATE: 20090217 DATE AS OF CHANGE: 20090217 EFFECTIVENESS DATE: 20090217 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GEM REALTY ADVISORS, LLC CENTRAL INDEX KEY: 0001283672 IRS NUMBER: 364212050 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-10863 FILM NUMBER: 09608158 BUSINESS ADDRESS: STREET 1: 900 N MICHIGAN AVE STREET 2: STE 1450 CITY: CHICAGO STATE: IL ZIP: 60611 BUSINESS PHONE: 3129152900 MAIL ADDRESS: STREET 1: 900 N MICHIGAN AVE STREET 2: STE 1450 CITY: CHICAGO STATE: IL ZIP: 60611 FORMER COMPANY: FORMER CONFORMED NAME: GEM VALUE PARTNERS LLC DATE OF NAME CHANGE: 20040315 13F-HR 1 gem4q08.txt FORM 13F HOLDINGS REPORT UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2008 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: GEM Realty Advisors, L.L.C Address: 900 N. Michigan Avenue Suite 1450 Chicago, IL 60611 13F File Number: 28-10863 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Michael A. Elrad Title: Vice President Phone: (312) 915 - 2864 Signature, Place, and Date of Signing: /s/ Michael A. Elrad Chicago, IL/USA February 17, 2009 Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form13F Information Table Entry Total: 28 Form13F Information Table Value Total: $502,406 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional managers with respect to which this report is filed, other than the manager filing this report. NONE FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- ANNALY CAP MGMT INC COM 035710409 4450 280400 SH SOLE 280400 0 0 AVALONBAY CMNTYS INC COM 053484101 6464 106700 SH SOLE 106700 0 0 BOSTON PROPERTIES INC COM 101121101 16704 303700 SH SOLE 303700 0 0 BRE PROPERTIES INC NOTE 4.125% 8/1 05564EBH8 10253 13500000 SH SOLE 13500000 0 0 CENTEX CORP COM 152312104 849 79800 SH SOLE 79800 0 0 DEVELOPERS DIVERSIFIED RLTY NOTE 3.500% 8/1 251591AQ6 8566 20000000 SH SOLE 20000000 0 0 ESSEX PPTY TR INC COM 297178105 32181 419300 SH SOLE 419300 0 0 KIMCO REALTY CORP COM 49446R109 17061 933300 SH SOLE 933300 0 0 LENNAR CORP CL A 526057104 56941 6567600 SH SOLE 6567600 0 0 M D C HLDGS INC COM 552676108 26822 885200 SH SOLE 885200 0 0 MARRIOTT INTL INC NEW CL A 571903202 37535 1929800 SH SOLE 1929800 0 0 MFA MTG INVTS INC COM 55272X102 20240 3436400 SH SOLE 3436400 0 0 POST PPTYS INC COM 737464107 787 47700 SH SOLE 47700 0 0 PROLOGIS NOTE 2.250% 4/0 743410AQ5 21540 47000000 SH SOLE 47000000 0 0 PUBLIC STORAGE COM 74460D109 30282 380900 SH SOLE 380900 0 0 RECKSON OPER PARTNERSHIP L P DEB 4.000% 6/1 75621LAJ3 2543 3000000 SH SOLE 3000000 0 0 REGENCY CTRS CORP COM 758849103 25377 543400 SH SOLE 543400 0 0 RYLAND GROUP INC COM 783764103 35071 1984800 SH SOLE 1984800 0 0 SBA COMMUNICATIONS CORP COM 78388J106 7496 459300 SH SOLE 459300 0 0 SENIOR HSG PPTYS TR SH BEN INT 81721M109 1926 107500 SH SOLE 107500 0 0 SIMON PPTY GROUP INC NEW COM 828806109 7970 150000 SH SOLE 150000 0 0 STARWOOD HOTELS&RESORTS WRLD COM 85590A401 55859 3120600 SH SOLE 3120600 0 0 SUNSTONE HOTEL INVS INC NEW COM 867892101 5629 909400 SH SOLE 909400 0 0 TOLL BROTHERS INC COM 889478103 8488 396100 SH SOLE 396100 0 0 VENTAS INC COM 92276F100 1323 39400 SH SOLE 39400 0 0 VORNADO RLTY L P DBCV 3.625%11/1 929043AE7 10492 13000000 SH SOLE 13000000 0 0 VORNADO RLTY TR SH BEN INT 929042109 43941 728100 SH SOLE 728100 0 0 VORNADO RLTY TR DBCV 2.850% 4/0 929042AC3 5616 7500000 SH SOLE 7500000 0 0
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