0001172661-11-000379.txt : 20110516
0001172661-11-000379.hdr.sgml : 20110516
20110516132648
ACCESSION NUMBER: 0001172661-11-000379
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110331
FILED AS OF DATE: 20110516
DATE AS OF CHANGE: 20110516
EFFECTIVENESS DATE: 20110516
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: 11845177
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
gem1q11.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: March 31, 2011
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: 028-10863
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 May 16, 2011
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
Form 13F Information Table Entry Total: 37
Form 13F Information Table Value Total: $2,009,181 (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
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
AMB PROPERTY CORP COM 00163T109 22510 625800 SH SOLE 625800 0 0
AMERICAN TOWER CORP CL A 029912201 47908 924500 SH SOLE 924500 0 0
AVALONBAY CMNTYS INC COM 053484101 45006 374800 SH SOLE 374800 0 0
CARNIVAL CORP PAIRED CTF 143658300 45859 1195500 SH SOLE 1195500 0 0
CB RICHARD ELLIS GROUP INC CL A 12497T101 40005 1498300 SH SOLE 1498300 0 0
CHESAPEAKE LODGING TR SH BEN INT 165240102 5540 318200 SH SOLE 318200 0 0
CREXUS INVT CORP COM 226553105 6375 558200 SH SOLE 558200 0 0
D R HORTON INC COM 23331A109 70535 6054500 SH SOLE 6054500 0 0
GAYLORD ENTMT CO NEW COM 367905106 13376 385700 SH SOLE 385700 0 0
HOME DEPOT INC COM 437076102 94655 2554100 SH SOLE 2554100 0 0
HOST HOTELS & RESORTS INC COM 44107P104 96610 5486100 SH SOLE 5486100 0 0
HUDSON PAC PPTYS INC COM 444097109 8968 610100 SH SOLE 610100 0 0
HYATT HOTELS CORP COM CL A 448579102 46526 1081000 SH SOLE 1081000 0 0
ISHARES TR DJ US REAL EST 464287739 235426 3963400 SH PUT SOLE 3963400 0 0
KILROY RLTY CORP COM 49427F108 36236 933200 SH SOLE 933200 0 0
LOWES COS INC COM 548661107 28219 1067700 SH SOLE 1067700 0 0
MACERICH CO COM 554382101 165509 3341600 SH SOLE 3341600 0 0
MACK CALI RLTY CORP COM 554489104 55460 1636000 SH SOLE 1636000 0 0
MERITAGE HOMES CORP COM 59001A102 37421 1550800 SH SOLE 1550800 0 0
MFA FINANCIAL INC COM 55272X102 38537 4699600 SH SOLE 4699600 0 0
NATIONWIDE HEALTH PPTYS INC COM 638620104 86680 2038100 SH SOLE 2038100 0 0
NVR INC COM 62944T105 71115 94067 SH SOLE 94067 0 0
PEBBLEBROOK HOTEL TR COM 70509V100 17441 787400 SH SOLE 787400 0 0
POST PPTYS INC COM 737464107 94840 2416300 SH SOLE 2416300 0 0
REGENCY CTRS CORP COM 758849103 22270 512200 SH SOLE 512200 0 0
RYLAND GROUP INC COM 783764103 34369 2161600 SH SOLE 2161600 0 0
SBA COMMUNICATIONS CORP COM 78388J106 43219 1089200 SH SOLE 1089200 0 0
SHERWIN WILLIAMS CO COM 824348106 59608 709700 SH SOLE 709700 0 0
SIMON PPTY GROUP INC NEW COM 828806109 88720 827917 SH SOLE 827917 0 0
SL GREEN RLTY CORP COM 78440X101 76355 1015360 SH SOLE 1015360 0 0
STARWOOD PPTY TR INC COM 85571B105 12423 557100 SH SOLE 557100 0 0
SUNSTONE HOTEL INVS INC NEW COM 867892101 32809 3219700 SH SOLE 3219700 0 0
TAUBMAN CTRS INC COM 876664103 49470 923300 SH SOLE 923300 0 0
TERRENO RLTY CORP COM 88146M101 4308 250000 SH SOLE 250000 0 0
TOLL BROTHERS INC COM 889478103 57962 2931800 SH SOLE 2931800 0 0
VENTAS INC COM 92276F100 37820 696500 SH SOLE 696500 0 0
VORNADO RLTY TR SH BEN INT 929042109 79091 903900 SH SOLE 903900 0 0