<informationTable xmlns="http://www.sec.gov/edgar/document/thirteenf/informationtable">		<infoTable>
			<nameOfIssuer>AT&amp;T Corp.(New)</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>00206r102</cusip>
			<value>8456</value>
			<shrsOrPrnAmt>
				<sshPrnamt>215868</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>214218</Sole>
				<Shared>0</Shared>
				<None>1650</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>Alliance Bernstein Holdings</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>01881G106</cusip>
			<value>10276</value>
			<shrsOrPrnAmt>
				<sshPrnamt>438567</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>436977</Sole>
				<Shared>0</Shared>
				<None>1590</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>Ares Capital Corp</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>04010L103</cusip>
			<value>7156</value>
			<shrsOrPrnAmt>
				<sshPrnamt>482216</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>479796</Sole>
				<Shared>0</Shared>
				<None>2420</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>BCE Inc</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>05534B760</cusip>
			<value>61</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1340</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>0</Shared>
				<None>1340</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>Baidu, Inc.</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>056752108</cusip>
			<value>107</value>
			<shrsOrPrnAmt>
				<sshPrnamt>560</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>560</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>Bank of Montreal</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>063671101</cusip>
			<value>59</value>
			<shrsOrPrnAmt>
				<sshPrnamt>970</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>0</Shared>
				<None>970</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>Blackstone Group LP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>09253U108</cusip>
			<value>6002</value>
			<shrsOrPrnAmt>
				<sshPrnamt>213960</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>213960</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>Blackstone Mortgage Trust Inc</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>09257w100</cusip>
			<value>16267</value>
			<shrsOrPrnAmt>
				<sshPrnamt>605610</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>604318</Sole>
				<Shared>0</Shared>
				<None>1292</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>Brookfield Infrastructure Part</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>g16252101</cusip>
			<value>8437</value>
			<shrsOrPrnAmt>
				<sshPrnamt>200269</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>199031</Sole>
				<Shared>0</Shared>
				<None>1238</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>Camden Property Trust</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>133131102</cusip>
			<value>5815</value>
			<shrsOrPrnAmt>
				<sshPrnamt>69150</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>68400</Sole>
				<Shared>0</Shared>
				<None>750</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>China Mobile LTD</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>16941m109</cusip>
			<value>38</value>
			<shrsOrPrnAmt>
				<sshPrnamt>680</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>0</Shared>
				<None>680</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>Digital Realty Trust Inc</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>253868103</cusip>
			<value>4016</value>
			<shrsOrPrnAmt>
				<sshPrnamt>45380</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>45380</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>EPR Properties</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>26884U109</cusip>
			<value>12036</value>
			<shrsOrPrnAmt>
				<sshPrnamt>180670</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>179880</Sole>
				<Shared>0</Shared>
				<None>790</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>Energy Transfer Partners</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>29273R109</cusip>
			<value>7952</value>
			<shrsOrPrnAmt>
				<sshPrnamt>245901</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>245650</Sole>
				<Shared>0</Shared>
				<None>251</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>Enterprise Products Partners</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>293792107</cusip>
			<value>1903</value>
			<shrsOrPrnAmt>
				<sshPrnamt>77290</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>77290</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>Exxon Mobil Corporation</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>30231G102</cusip>
			<value>8769</value>
			<shrsOrPrnAmt>
				<sshPrnamt>104910</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>104910</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>HDFC Bank Ltd</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>40415F101</cusip>
			<value>145</value>
			<shrsOrPrnAmt>
				<sshPrnamt>2350</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>2350</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>Host Hotels &amp; Resorts Inc</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>44107p104</cusip>
			<value>3882</value>
			<shrsOrPrnAmt>
				<sshPrnamt>232450</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>232450</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>Infosys Ltd.</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>456788108</cusip>
			<value>67</value>
			<shrsOrPrnAmt>
				<sshPrnamt>3540</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>3540</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>Johnson &amp; Johnson</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>478160104</cusip>
			<value>9287</value>
			<shrsOrPrnAmt>
				<sshPrnamt>85830</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>85140</Sole>
				<Shared>0</Shared>
				<None>690</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>Liberty Global Inc</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>g5480u104</cusip>
			<value>135</value>
			<shrsOrPrnAmt>
				<sshPrnamt>3500</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>3500</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>Liberty Global PLC Lilac (A)</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>G5480U138</cusip>
			<value>6</value>
			<shrsOrPrnAmt>
				<sshPrnamt>175</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>175</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>Lyondellbasell Inds NV</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>n53745100</cusip>
			<value>6667</value>
			<shrsOrPrnAmt>
				<sshPrnamt>77900</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>77440</Sole>
				<Shared>0</Shared>
				<None>460</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>Macquarie Infrastructure Co.</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>55608B105</cusip>
			<value>4030</value>
			<shrsOrPrnAmt>
				<sshPrnamt>59760</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>59160</Sole>
				<Shared>0</Shared>
				<None>600</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>Marine Harvest ASA</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>56824R205</cusip>
			<value>79</value>
			<shrsOrPrnAmt>
				<sshPrnamt>5150</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>0</Shared>
				<None>5150</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>Microsoft Corp.</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>594918104</cusip>
			<value>11030</value>
			<shrsOrPrnAmt>
				<sshPrnamt>199710</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>199070</Sole>
				<Shared>0</Shared>
				<None>640</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>Novo Nordisk AS</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>670100205</cusip>
			<value>88</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1630</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>1630</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>PJT Partners Inc</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>69343T107</cusip>
			<value>1</value>
			<shrsOrPrnAmt>
				<sshPrnamt>34</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>0</Shared>
				<None>34</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>Paychex Inc.</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>704326107</cusip>
			<value>8069</value>
			<shrsOrPrnAmt>
				<sshPrnamt>149390</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>148860</Sole>
				<Shared>0</Shared>
				<None>530</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>RMR Group, Inc.</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>74967R106</cusip>
			<value>121</value>
			<shrsOrPrnAmt>
				<sshPrnamt>4858</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>4815</Sole>
				<Shared>0</Shared>
				<None>43</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>Regal Entertainment Group</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>758766109</cusip>
			<value>12532</value>
			<shrsOrPrnAmt>
				<sshPrnamt>592815</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>588236</Sole>
				<Shared>0</Shared>
				<None>4579</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>Reynolds American Inc</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>761713106</cusip>
			<value>8834</value>
			<shrsOrPrnAmt>
				<sshPrnamt>175595</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>174835</Sole>
				<Shared>0</Shared>
				<None>760</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>Royal Bank of Canada</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>780087102</cusip>
			<value>50</value>
			<shrsOrPrnAmt>
				<sshPrnamt>860</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>0</Shared>
				<None>860</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>Sap Aktiengesell</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>803054204</cusip>
			<value>169</value>
			<shrsOrPrnAmt>
				<sshPrnamt>2098</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>2098</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>Select Income REIT</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>81618t100</cusip>
			<value>3183</value>
			<shrsOrPrnAmt>
				<sshPrnamt>138091</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>136841</Sole>
				<Shared>0</Shared>
				<None>1250</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>Ship Finance Intl Ltd</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>g81075106</cusip>
			<value>49</value>
			<shrsOrPrnAmt>
				<sshPrnamt>3500</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>0</Shared>
				<None>3500</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>Spectra Energy Partners, LP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>84756N109</cusip>
			<value>10171</value>
			<shrsOrPrnAmt>
				<sshPrnamt>211370</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>211370</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>Spirit Realty Capital Inc New</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>84860w102</cusip>
			<value>7651</value>
			<shrsOrPrnAmt>
				<sshPrnamt>680070</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>677050</Sole>
				<Shared>0</Shared>
				<None>3020</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>Starwood Property Trust Inc</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>85571b105</cusip>
			<value>11048</value>
			<shrsOrPrnAmt>
				<sshPrnamt>583628</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>580286</Sole>
				<Shared>0</Shared>
				<None>3342</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>Store Capital Corp</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>862121100</cusip>
			<value>8626</value>
			<shrsOrPrnAmt>
				<sshPrnamt>333300</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>330620</Sole>
				<Shared>0</Shared>
				<None>2680</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>TC Pipelines LP</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>87233q108</cusip>
			<value>1816</value>
			<shrsOrPrnAmt>
				<sshPrnamt>37655</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>37360</Sole>
				<Shared>0</Shared>
				<None>295</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>Taiwan Semi ADR</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>874039100</cusip>
			<value>7432</value>
			<shrsOrPrnAmt>
				<sshPrnamt>283680</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>282400</Sole>
				<Shared>0</Shared>
				<None>1280</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>Unilever ADR</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>904784709</cusip>
			<value>804</value>
			<shrsOrPrnAmt>
				<sshPrnamt>17999</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>17999</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>Verizon Communications</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>92343V104</cusip>
			<value>5036</value>
			<shrsOrPrnAmt>
				<sshPrnamt>93130</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>93130</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>Vodafone Group PLC</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>92857w308</cusip>
			<value>37</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1163</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>1163</Sole>
				<Shared>0</Shared>
				<None>0</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>Welltower Inc.</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>95040Q104</cusip>
			<value>6013</value>
			<shrsOrPrnAmt>
				<sshPrnamt>86720</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>85905</Sole>
				<Shared>0</Shared>
				<None>815</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>Wisdomtree International High</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>97717W802</cusip>
			<value>98</value>
			<shrsOrPrnAmt>
				<sshPrnamt>2630</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>0</Shared>
				<None>2630</None>
			</votingAuthority>
		</infoTable>
		<infoTable>
			<nameOfIssuer>Wisdontree High Dividend Fund</nameOfIssuer>
			<titleOfClass>COM</titleOfClass>
			<cusip>97717W208</cusip>
			<value>106</value>
			<shrsOrPrnAmt>
				<sshPrnamt>1680</sshPrnamt>
				<sshPrnamtType>SH</sshPrnamtType>
			</shrsOrPrnAmt>
			<investmentDiscretion>SOLE</investmentDiscretion>
			<votingAuthority>
				<Sole>0</Sole>
				<Shared>0</Shared>
				<None>1680</None>
			</votingAuthority>
		</infoTable>
</informationTable>
