The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AMERICAN HEALTHCARE REIT INC COM SHS 398182303   39,648,081 1,079,153 SH   SOLE   1,079,153 0 0
FIRST INDUSTRIAL REALTY TRUST, INC. COM 32054K103   36,863,296 765,911 SH   SOLE   765,911 0 0
NATIONAL HEALTH INVESTORS, INC. COM 63633D104   32,252,816 459,966 SH   SOLE   459,966 0 0
VENTAS, INC. COM 92276F100   30,906,557 489,415 SH   SOLE   489,415 0 0
AMERICAN HOMES 4 RENT LLC CL A 02665T306   28,491,693 789,900 SH   SOLE   789,900 0 0
MARRIOTT INTERNATIONAL, INC CLASS A CL A 571903202   28,278,601 103,505 SH   SOLE   103,505 0 0
EQUINIX, INC. REIT COM 29444U700   28,304,414 35,582 SH   SOLE   35,582 0 0
EXTRA SPACE STORAGE INC. COM 30225T102   26,598,471 180,402 SH   SOLE   180,402 0 0
GAMING AND LEISURE PROP, INC. COM 36467J108   25,231,474 540,520 SH   SOLE   540,520 0 0
SUN COMMUNITIES, INC COM 866674104   24,507,058 193,747 SH   SOLE   193,747 0 0
OUTFRONT MEDIA INC. COM NEW 69007J304   23,415,544 1,434,776 SH   SOLE   1,434,776 0 0
SIMON PROPERTY GROUP INC COM 828806109   23,156,674 144,045 SH   SOLE   144,045 0 0
CBRE GROUP, INC. CLASS A CL A 12504L109   23,112,374 164,947 SH   SOLE   164,947 0 0
TANGER INC COM 875465106   22,520,366 736,441 SH   SOLE   736,441 0 0
CENTERSPACE COM 15202L107   18,367,942 305,166 SH   SOLE   305,166 0 0
KITE REALTY GROUP TRUST COM NEW 49803T300   18,275,198 806,852 SH   SOLE   806,852 0 0
D.R. HORTON, INC. COM 23331A109   17,940,378 139,159 SH   SOLE   139,159 0 0
AMERICAN TOWER CORPORATION COM 03027X100   17,358,469 78,538 SH   SOLE   78,538 0 0
REXFORD INDL RLTY INC COM 76169C100   19,958,789 561,113 SH   SOLE   561,113 0 0
RYMAN HOSPITALITY PPTYS INC COM 78377T107   10,098,578 102,347 SH   SOLE   102,347 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107   5,784,365 85,707 SH   SOLE   85,707 0 0