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
AMERICOLD RLTY TR COM 03064D108 25,469 997,201 SH   SOLE   997,201 0 0
APARTMENT INVT & MGMT CO CL A 03748R101 19,721 449,429 SH   SOLE   449,429 0 0
BOYD GAMING CORP COM 103304101 9,268 446,023 SH   SOLE   446,023 0 0
BRANDYWINE RLTY TR SH BEN INT NEW 105368203 17,377 1,350,173 SH   SOLE   1,350,173 0 0
BROOKDALE SR LIVING INC COM 112463104 2,424 361,806 SH   SOLE   361,806 0 0
CAMDEN PPTY TR SH BEN INT 133131102 7,679 87,209 SH   SOLE   87,209 0 0
COLUMBIA PPTY TR INC COM NEW 198287203 11,774 608,469 SH   SOLE   608,469 0 0
CORPORATE OFFICE PPTYS TR SH BEN INT 22002T108 6,036 287,040 SH   SOLE   287,040 0 0
COUSINS PPTYS INC COM 222795106 6,246 790,600 SH   SOLE   790,600 0 0
DIAMONDROCK HOSPITALITY CO COM 252784301 4,159 458,076 SH   SOLE   458,076 0 0
ELDORADO RESORTS INC COM 28470R102 21,007 580,138 SH   SOLE   580,138 0 0
EMPIRE ST RLTY TR INC CL A 292104106 6,061 425,934 SH   SOLE   425,934 0 0
FIRST INDUSTRIAL REALTY TRUS COM 32054K103 39,521 1,369,391 SH   SOLE   1,369,391 0 0
FOUR CORNERS PPTY TR INC COM 35086T109 12,652 482,904 SH   SOLE   482,904 0 0
GAMING & LEISURE PPTYS INC COM 36467J108 12,508 387,129 SH   SOLE   387,129 0 0
GDS HLDGS LTD SPONSORED ADR 36165L108 9,619 416,586 SH   SOLE   416,586 0 0
GENERAC HLDGS INC COM 368736104 8,709 175,238 SH   SOLE   175,238 0 0
HCP INC COM 40414L109 20,206 723,439 SH   SOLE   723,439 0 0
HEALTHCARE TR AMER INC CL A NEW 42225P501 12,764 504,295 SH   SOLE   504,295 0 0
HILTON WORLDWIDE HLDGS INC COM 43300A203 13,257 184,635 SH   SOLE   184,635 0 0
HUDSON PAC PPTYS INC COM 444097109 13,895 478,159 SH   SOLE   478,159 0 0
INTERXION HOLDING N.V SHS N47279109 22,561 416,560 SH   SOLE   416,560 0 0
JBG SMITH PPTYS COM 46590V100 27,663 794,677 SH   SOLE   794,677 0 0
LIBERTY PPTY TR SH BEN INT 531172104 19,517 466,024 SH   SOLE   466,024 0 0
MACERICH CO COM 554382101 2,882 66,579 SH   SOLE   66,579 0 0
MACK CALI RLTY CORP COM 554489104 7,140 364,486 SH   SOLE   364,486 0 0
MACQUARIE INFRASTRUCTURE COR COM 55608B105 9,426 257,818 SH   SOLE   257,818 0 0
MARTIN MARIETTA MATLS INC COM 573284106 15,484 90,091 SH   SOLE   90,091 0 0
MEDICAL PPTYS TRUST INC COM 58463J304 3,300 205,253 SH   SOLE   205,253 0 0
MGM GROWTH PPTYS LLC CL A COM 55303A105 6,184 234,138 SH   SOLE   234,138 0 0
MGM RESORTS INTERNATIONAL COM 552953101 33,545 1,382,733 SH   SOLE   1,382,733 0 0
QTS RLTY TR INC COM CL A 74736A103 41,699 1,125,477 SH   SOLE   1,125,477 0 0
RETAIL PPTYS AMER INC CL A 76131V202 13,961 1,286,768 SH   SOLE   1,286,768 0 0
SBA COMMUNICATIONS CORP NEW CL A 78410G104 7,903 48,815 SH   SOLE   48,815 0 0
SPIRIT RLTY CAP INC NEW COM NEW 84860W300 15,376 436,195 SH   SOLE   436,195 0 0
STARWOOD PPTY TR INC COM 85571B105 10,751 545,449 SH   SOLE   545,449 0 0
SUN CMNTYS INC COM 866674104 8,813 86,650 SH   SOLE   86,650 0 0
VAIL RESORTS INC COM 91879Q109 16,666 79,052 SH   SOLE   79,052 0 0
WEINGARTEN RLTY INVS SH BEN INT 948741103 8,114 327,034 SH   SOLE   327,034 0 0
WYNN RESORTS LTD COM 983134107 16,715 168,991 SH   SOLE   168,991 0 0
ZAYO GROUP HLDGS INC COM 98919V105 9,136 400,000 SH Call SOLE   400,000 0 0
ZAYO GROUP HLDGS INC COM 98919V105 10,318 451,749 SH   SOLE   451,749 0 0