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
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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
BRIDGE INVT GROUP HLDGS INC COM CL A 10806B100   12,992,360 1,412,213 SH   SOLE   1,412,213 0 0
BRIGHTSPIRE CAPITAL INC COM CL A 10949T109   21,563,396 3,444,632 SH   SOLE   3,444,632 0 0
CLEAR CHANNEL OUTDOOR HLDGS COM 18453H106   10,326,020 6,535,456 SH   SOLE   6,535,456 0 0
CRH PLC ORD G25508105   19,705,591 360,051 SH   SOLE   360,051 0 0
DIGITALBRIDGE GROUP INC CL A NEW 25401T603   49,224,000 2,800,000 SH   SOLE   2,800,000 0 0
NEWPARK RES INC COM PAR $.01NEW 651718504   19,371,770 2,803,440 SH   SOLE   2,803,440 0 0
OUTFRONT Media Inc COM 69007J106   21,566,439 2,135,291 SH   SOLE   2,135,291 0 0
P10 INC COM CL A 69376K106   28,655,528 2,459,702 SH   SOLE   2,459,702 0 0
PENNYMAC FINL SVCS INC NEW COM 70932M107   8,325,000 125,000 SH   SOLE   125,000 0 0
SBA COMMUNICATIONS CORP NEW CL A 78410G104   13,011,050 65,000 SH   SOLE   65,000 0 0
SONIDA SENIOR LIVING INC COM 140475203   32,840,299 3,652,981 SH   SOLE   3,652,981 0 0
TARGET HOSPITALITY CORP COM 87615L107   73,333,205 4,617,960 SH   SOLE   4,617,960 0 0
UNITED HOMES GROUP INC CL A 91060H108   2,996,969 535,173 SH   SOLE   535,173 0 0
WALKER & DUNLOP INC COM 93148P102   15,070,720 203,000 SH   SOLE   203,000 0 0