<informationTable xmlns="http://www.sec.gov/edgar/document/thirteenf/informationtable">		<infoTable>
			<nameOfIssuer>APARTMENT INVT &amp; MGMT CO</nameOfIssuer>
			<titleOfClass>CL A</titleOfClass>
			<cusip>03748R101</cusip>
			<value>17331</value>
			<shrsOrPrnAmt>
				<sshPrnamt>440326</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>440326</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>BROOKDALE SR LIVING INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>112463104</cusip>
			<value>17632</value>
			<shrsOrPrnAmt>
				<sshPrnamt>466950</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>466950</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>CAMDEN PPTY TR</nameOfIssuer>
			<titleOfClass>SH BEN INT</titleOfClass>
			<cusip>133131102</cusip>
			<value>18348</value>
			<shrsOrPrnAmt>
				<sshPrnamt>234840</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>234840</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>CBL &amp; ASSOC PPTYS INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>124830100</cusip>
			<value>7647</value>
			<shrsOrPrnAmt>
				<sshPrnamt>386190</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>386190</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>CBRE GROUP INC</nameOfIssuer>
			<titleOfClass>CL A</titleOfClass>
			<cusip>12504L109</cusip>
			<value>2596</value>
			<shrsOrPrnAmt>
				<sshPrnamt>67060</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>67060</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>CORRECTIONS CORP AMER NEW</nameOfIssuer>
			<titleOfClass>COM NEW</titleOfClass>
			<cusip>22025Y407</cusip>
			<value>11166</value>
			<shrsOrPrnAmt>
				<sshPrnamt>277350</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>277350</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>COUSINS PPTYS INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>222795106</cusip>
			<value>10419</value>
			<shrsOrPrnAmt>
				<sshPrnamt>982945</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>982945</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>FOREST CITY ENTERPRISES INC</nameOfIssuer>
			<titleOfClass>CL A</titleOfClass>
			<cusip>345550107</cusip>
			<value>14082</value>
			<shrsOrPrnAmt>
				<sshPrnamt>551810</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>551810</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>GENERAL GROWTH PPTYS INC NEW</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>370023103</cusip>
			<value>18408</value>
			<shrsOrPrnAmt>
				<sshPrnamt>622936</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>622936</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>GRAMERCY PPTY TR INC</nameOfIssuer>
			<titleOfClass>COM NEW</titleOfClass>
			<cusip>38489R605</cusip>
			<value>3740</value>
			<shrsOrPrnAmt>
				<sshPrnamt>133253</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>133253</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>HEALTHCARE TR AMER INC</nameOfIssuer>
			<titleOfClass>CL A NEW</titleOfClass>
			<cusip>42225P501</cusip>
			<value>5418</value>
			<shrsOrPrnAmt>
				<sshPrnamt>194468</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>194468</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>ISTAR FINL INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>45031U101</cusip>
			<value>1554</value>
			<shrsOrPrnAmt>
				<sshPrnamt>119550</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>119550</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>LA QUINTA HLDGS INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>50420D108</cusip>
			<value>9781</value>
			<shrsOrPrnAmt>
				<sshPrnamt>413063</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>413063</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>LASALLE HOTEL PPTYS</nameOfIssuer>
			<titleOfClass>COM SH BEN INT</titleOfClass>
			<cusip>517942108</cusip>
			<value>10613</value>
			<shrsOrPrnAmt>
				<sshPrnamt>273100</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>273100</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>MACK CALI RLTY CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>554489104</cusip>
			<value>15815</value>
			<shrsOrPrnAmt>
				<sshPrnamt>820267</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>820267</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>MGM RESORTS INTERNATIONAL</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>552953101</cusip>
			<value>6204</value>
			<shrsOrPrnAmt>
				<sshPrnamt>295020</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>295020</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>NEW YORK REIT INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>64976L109</cusip>
			<value>7172</value>
			<shrsOrPrnAmt>
				<sshPrnamt>684305</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>684305</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>PARKWAY PPTYS INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>70159Q104</cusip>
			<value>8272</value>
			<shrsOrPrnAmt>
				<sshPrnamt>476800</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>476800</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>PENNSYLVANIA RL ESTATE INVT</nameOfIssuer>
			<titleOfClass>SH BEN INT</titleOfClass>
			<cusip>709102107</cusip>
			<value>23147</value>
			<shrsOrPrnAmt>
				<sshPrnamt>996410</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>996410</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>POST PPTYS INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>737464107</cusip>
			<value>7967</value>
			<shrsOrPrnAmt>
				<sshPrnamt>139950</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>139950</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>SPIRIT RLTY CAP INC NEW</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>84860W102</cusip>
			<value>19068</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1578491</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>1578491</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>TAUBMAN CTRS INC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>876664103</cusip>
			<value>14693</value>
			<shrsOrPrnAmt>
				<sshPrnamt>190500</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>190500</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>VORNADO RLTY TR</nameOfIssuer>
			<titleOfClass>SH BEN INT</titleOfClass>
			<cusip>929042109</cusip>
			<value>10534</value>
			<shrsOrPrnAmt>
				<sshPrnamt>94052</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>94052</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>WYNDHAM WORLDWIDE CORP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>98310W108</cusip>
			<value>15684</value>
			<shrsOrPrnAmt>
				<sshPrnamt>173356</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>173356</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
</informationTable>
