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
ALTISOURCE ASSET MGMT CORP COM 02153X108 844 73,401 SH   SOLE   73,401 0 0
BABCOCK & WILCOX ENTERPRIS I COM 05614L100 51 150,000 SH   SOLE   150,000 0 0
CAMPING WORLD HLDGS INC CL A 13462K109 373 30,000 SH Call SOLE   30,000 0 0
CAMPING WORLD HLDGS INC CL A 13462K109 621 50,000 SH Put SOLE   50,000 0 0
COLUMBIA PPTY TR INC COM NEW 198287203 319 15,400 SH   SOLE   15,400 0 0
EXTENDED STAY AMER INC UNIT 99/99/9999B 30224P200 895 53,000 SH Call SOLE   53,000 0 0
FRONT YARD RESIDENTIAL CORP COM 35904G107 6,402 523,922 SH   SOLE   523,922 0 0
NEW HOME CO INC COM 645370107 174 45,117 SH   SOLE   45,117 0 0
PG&E CORP COM 69331C108 1,834 80,000 SH Call SOLE   80,000 0 0
RETAIL VALUE INC COM 76133Q102 416 11,956 SH   SOLE   11,956 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 3,996 30,000 SH Call SOLE   30,000 0 0
SPIRIT MTA REIT COM SHS BEN IN 84861U105 917 110,000 SH   SOLE   110,000 0 0
WHEELER REAL ESTATE INVT TR PFD CNV SER D 963025606 301 20,000 SH   SOLE   20,000 0 0
WYNDHAM HOTELS & RESORTS INC COM 98311A105 279 5,000 SH   SOLE   5,000 0 0
ZAYO GROUP HLDGS INC COM 98919V105 727 22,100 SH   SOLE   22,100 0 0