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
CORPORATE OFFICE PPTYS TR SH BEN INT 22002T108 22,022 806,650 SH   SOLE   806,650 0 0
ESSENTIAL PPTYS RLTY TR INC COM 29670E107 13,664 700,000 SH   SOLE   700,000 0 0
FIVE STAR SENIOR LIVING INC COM 33832D106 1,842 1,889,344 SH   SOLE   1,889,344 0 0
GENESIS HEALTHCARE INC CL A COM 37185X106 5,987 4,157,308 SH   SOLE   4,157,308 0 0
HCP INC COM 40414L109 23,491 750,500 SH   SOLE   750,500 0 0
ISHARES TR U.S. REAL ES ETF 464287739 56,576 650,000 SH Put SOLE   650,000 0 0
JBG SMITH PPTYS COM 46590V100 108,298 2,619,065 SH   SOLE   2,619,065 0 0
LIBERTY PPTY TR SH BEN INT 531172104 100,336 2,072,205 SH   SOLE   2,072,205 0 0
MGM GROWTH PPTYS LLC CL A COM 55303A105 12,594 390,500 SH   SOLE   390,500 0 0
NEW SR INVT GROUP INC COM 648691103 5,400 990,888 SH   SOLE   990,888 0 0
OMEGA HEALTHCARE INVS INC COM 681936100 19,514 511,500 SH   SOLE   511,500 0 0
QTS RLTY TR INC COM CL A 74736A103 51,606 1,147,060 SH   SOLE   1,147,060 0 0
SPIRIT MTA REIT COM SHS BEN IN 84861U105 239 36,871 SH   SOLE   36,871 0 0
SPIRIT RLTY CAP INC NEW COM NEW 84860W300 86,102 2,167,172 SH   SOLE   2,167,172 0 0
VICI PPTYS INC COM 925652109 11,564 528,500 SH   SOLE   528,500 0 0
ZAYO GROUP HLDGS INC COM 98919V105 5,703 200,673 SH   SOLE   200,673 0 0