0001172661-12-000582.txt : 20120515 0001172661-12-000582.hdr.sgml : 20120515 20120515081323 ACCESSION NUMBER: 0001172661-12-000582 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120331 FILED AS OF DATE: 20120515 DATE AS OF CHANGE: 20120515 EFFECTIVENESS DATE: 20120515 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GRS Advisors, LLC CENTRAL INDEX KEY: 0001544554 IRS NUMBER: 300709481 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-14968 FILM NUMBER: 12841085 BUSINESS ADDRESS: STREET 1: 900 N. MICHIGAN AVE., STE. 1450 CITY: CHICAGO STATE: IL ZIP: 60611 BUSINESS PHONE: 312-915-2900 MAIL ADDRESS: STREET 1: 900 N. MICHIGAN AVE., STE. 1450 CITY: CHICAGO STATE: IL ZIP: 60611 13F-HR 1 GRSAdvisors1Q12.txt FORM 13F HOLDINGS REPORT UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2012 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: GRS Advisors, LLC Address: 900 North Michigan Avenue Suite 1450 Chicago, IL 60611 13F File Number: 028-10863 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Michael A. Elrad Title: Vice President Phone: (312) 915 - 2864 Signature, Place, and Date of Signing: /s/ Michael A. Elrad Chicago, IL/USA May 15, 2012 Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 43 Form 13F Information Table Value Total: $2,167,533 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional managers with respect to which this report is filed, other than the manager filing this report. NONE FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- AMERICAN CAPITAL AGENCY CORP COM 02503X105 37067 1254800 SH SOLE 1254800 0 0 AVALONBAY CMNTYS INC COM 053484101 87100 616200 SH SOLE 616200 0 0 BOSTON PROPERTIES INC COM 101121101 45702 435300 SH SOLE 435300 0 0 CBL & ASSOC PPTYS INC COM 124830100 26064 1377600 SH SOLE 1377600 0 0 CBRE GROUP INC CL A 12504L109 23952 1200000 SH PUT SOLE 1200000 0 0 CREXUS INVT CORP COM 226553105 10336 999600 SH SOLE 999600 0 0 CROWN CASTLE INTL CORP COM 228227104 61208 1147500 SH SOLE 1147500 0 0 D R HORTON INC COM 23331A109 113365 7473000 SH SOLE 7473000 0 0 DDR CORP COM 23317H102 31794 2177700 SH SOLE 2177700 0 0 ESSEX PPTY TR INC COM 297178105 68816 454200 SH SOLE 454200 0 0 GENERAL GROWTH PPTYS INC NEW COM 370023103 67844 3993200 SH SOLE 3993200 0 0 HOME DEPOT INC COM 437076102 44519 884900 SH PUT SOLE 884900 0 0 HOME DEPOT INC COM 437076102 151534 3012000 SH SOLE 3012000 0 0 HOST HOTELS & RESORTS INC COM 44107P104 66294 4037400 SH SOLE 4037400 0 0 HUDSON PAC PPTYS INC COM 444097109 12491 825600 SH SOLE 825600 0 0 HYATT HOTELS CORP COM CL A 448579102 30647 717400 SH SOLE 717400 0 0 ISHARES TR DJ US REAL EST 464287739 21300 341900 SH PUT SOLE 341900 0 0 ISTAR FINL INC FRNT 10/0 45031UBF7 19526 20000000 SH SOLE 20000000 0 0 KILROY RLTY CORP COM 49427F108 56575 1213800 SH SOLE 1213800 0 0 LOWES COS INC COM 548661107 64781 2064400 SH SOLE 2064400 0 0 MACERICH CO COM 554382101 206271 3571800 SH SOLE 3571800 0 0 MARRIOTT INTL INC NEW CL A 571903202 74534 1969200 SH SOLE 1969200 0 0 MFA FINANCIAL INC COM 55272X102 18666 2498800 SH SOLE 2498800 0 0 POST PPTYS INC COM 737464107 48795 1041300 SH SOLE 1041300 0 0 PULTE GROUP INC COM 745867101 42724 4827600 SH PUT SOLE 4827600 0 0 ROYAL CARIBBEAN CRUISES LTD COM V7780T103 45243 1537300 SH SOLE 1537300 0 0 RYLAND GROUP INC COM 783764103 26527 1375900 SH SOLE 1375900 0 0 RYLAND GROUP INC COM 783764103 23269 1206900 SH PUT SOLE 1206900 0 0 SBA COMMUNICATIONS CORP COM 78388J106 87144 1715100 SH SOLE 1715100 0 0 SHERWIN WILLIAMS CO COM 824348106 22408 206200 SH SOLE 206200 0 0 SIMON PPTY GROUP INC NEW COM 828806109 5567 38217 SH SOLE 38217 0 0 SL GREEN RLTY CORP COM 78440X101 48531 625800 SH SOLE 625800 0 0 STARWOOD HOTELS&RESORTS WRLD COM 85590A401 22130 392300 SH PUT SOLE 392300 0 0 STARWOOD PPTY TR INC COM 85571B105 10972 522000 SH SOLE 522000 0 0 SUNRISE SENIOR LIVING INC COM 86768K106 12353 1954600 SH SOLE 1954600 0 0 SUNSTONE HOTEL INVS INC NEW COM 867892101 47345 4860900 SH SOLE 4860900 0 0 TARGET CORP COM 87612E106 30085 516300 SH SOLE 516300 0 0 TAUBMAN CTRS INC COM 876664103 103698 1421500 SH SOLE 1421500 0 0 TERRENO RLTY CORP COM 88146M101 5724 400000 SH SOLE 400000 0 0 TOLL BROTHERS INC COM 889478103 87206 3635100 SH SOLE 3635100 0 0 TWO HBRS INVT CORP COM 90187B101 9797 966200 SH SOLE 966200 0 0 VENTAS INC COM 92276F100 132843 2326491 SH SOLE 2326491 0 0 WYNDHAM WORLDWIDE CORP COM 98310W108 14786 317900 SH SOLE 317900 0 0