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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
EQUITY LIFESTYLE PPTYS INC COM 29472r108 6,327 101,260 SH   SOLE   101,260 0 0
EQUITY RESIDENTIAL SH BEN INT 29476l107 4,998 84,970 SH   SOLE   84,660 0 310
ISHARES TR MSCI EAFE ETF 464287465 7,889 129,600 SH Put SOLE   0 0 129,600
ISHARES TR MSCI EMG MKT ETF 464287234 1,836 45,900 SH Put SOLE   0 0 45,900
PROLOGIS INC. COM 74340w103 6,796 72,819 SH   SOLE   72,819 0 0
PUBLIC STORAGE COM 74460d109 5,188 27,035 SH   SOLE   27,035 0 0
SPDR S&P 500 ETF TR TR UNIT 78462f103 17,984 58,320 SH   SOLE   58,320 0 0
VANGUARD BD INDEX FDS TOTAL BND MRKT 921937835 419 4,744 SH   SOLE   4,744 0 0
VANGUARD INDEX FDS LARGE CAP ETF 922908637 278 1,945 SH   SOLE   0 0 1,945
VANGUARD INDEX FDS REAL ESTATE ETF 922908553 60,433 769,557 SH   SOLE   769,557 0 0
VANGUARD SCOTTSDALE FDS MORTG-BACK SEC 92206c771 243 4,470 SH   SOLE   4,470 0 0
VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD 92206c409 3,388 40,990 SH   SOLE   40,990 0 0