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
AT&T INC COM 00206R102 219 6,500 SH   OTR 1,2,3 0 6,500 0
ALEXANDRIA REAL ESTATE EQ IN PFD CONV SER D 015271505 305 8,000 SH   DFND 1,2,3 8,000 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 1,068 6,300 SH   OTR 1,2,3 0 6,300 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 8,642 51,000 SH   DFND 1,2,3 51,000 0 0
ALPHABET INC CAP STK CL C 02079K107 1,083 1,002 SH   OTR 1,2,3 0 1,002 0
AMAZON COM INC COM 023135106 577 305 SH   OTR 1,2,3 0 305 0
AMERICA FIRST MULTIFAMILY IN BEN UNIT CTF 02364V107 321 45,000 SH   DFND 1,2,3 45,000 0 0
AMERICAN CAMPUS CMNTYS INC COM 024835100 69 1,500 SH   OTR 1,2,3 0 1,500 0
AMERICAN CAMPUS CMNTYS INC COM 024835100 198 4,300 SH   DFND 1,2,3 4,300 0 0
ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR 03524A108 213 2,400 SH   OTR 1,2,3 0 2,400 0
ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR 03524A108 460 5,200 SH   DFND 1,2,3 5,200 0 0
APARTMENT INVT & MGMT CO CL A 03748R754 2,485 49,583 SH   DFND 1,2,3 49,583 0 0
APPLE INC COM 037833100 407 2,050 SH   OTR 1,2,3 0 2,050 0
ASHFORD HOSPITALITY TR INC COM SHS 044103109 8 3,400 SH   OTR 1,2,3 0 3,400 0
ASHFORD HOSPITALITY TR INC COM SHS 044103109 120 40,523 SH   DFND 1,2,3 40,523 0 0
BP PLC SPONSORED ADR 055622104 283 6,800 SH   OTR 1,2,3 0 6,800 0
BP PLC SPONSORED ADR 055622104 1,176 28,200 SH   DFND 1,2,3 28,200 0 0
BNY MELLON STRATEGIC MUNS IN COM 05588W108 9 1,100 SH   OTR 1,2,3 0 1,100 0
BNY MELLON STRATEGIC MUNS IN COM 05588W108 383 46,922 SH   DFND 1,2,3 46,922 0 0
BNY MELLON MUN INCOME INC COM 05589T104 112 13,157 SH   DFND 1,2,3 13,157 0 0
BANK AMER CORP COM 060505104 894 30,753 SH   OTR 1,2,3 0 30,753 0
BANK AMER CORP COM 060505104 175 6,000 SH   DFND 1,2,3 6,000 0 0
BANK AMER CORP 7.25%CNV PFD L 060505682 1,423 1,037 SH   OTR 1,2,3 0 1,037 0
BANK AMER CORP 7.25%CNV PFD L 060505682 823 600 SH   DFND 1,2,3 600 0 0
BLACKROCK MUNICIPL INC QLTY COM 092479104 69 5,000 SH   OTR 1,2,3 0 5,000 0
BLACKROCK MUNICIPL INC QLTY COM 092479104 435 31,622 SH   DFND 1,2,3 31,622 0 0
BLACKROCK MUNIHLDGS FD II IN COM 09253P109 249 16,500 SH   OTR 1,2,3 0 16,500 0
BLACKROCK MUNIHLDGS FD II IN COM 09253P109 28 1,887 SH   DFND 1,2,3 1,887 0 0
BLACKSTONE GROUP L P COM UNIT LTD 09253U108 269 6,100 SH   OTR 1,2,3 0 6,100 0
BLACKSTONE GROUP L P COM UNIT LTD 09253U108 196 4,400 SH   DFND 1,2,3 4,400 0 0
BLACKROCK MUNI INTER DR FD I COM 09253X102 81 5,800 SH   OTR 1,2,3 0 5,800 0
BLACKROCK MUNI INTER DR FD I COM 09253X102 204 14,500 SH   DFND 1,2,3 14,500 0 0
BLACKROCK MUNIHOLDNGS QLTY I COM 09254A101 159 12,815 SH   OTR 1,2,3 0 12,815 0
BLACKROCK MUNIHOLDNGS QLTY I COM 09254A101 537 43,217 SH   DFND 1,2,3 43,217 0 0
BLACKROCK MUNIHLDNGS QLTY II COM 09254C107 63 5,000 SH   OTR 1,2,3 0 5,000 0
BLACKROCK MUNIHLDNGS QLTY II COM 09254C107 145 11,597 SH   DFND 1,2,3 11,597 0 0
BLACKROCK MUNIYIELD QLTY FD COM 09254E103 20 1,500 SH   OTR 1,2,3 0 1,500 0
BLACKROCK MUNIYIELD QLTY FD COM 09254E103 418 31,665 SH   DFND 1,2,3 31,665 0 0
BLACKROCK MUNIY QUALITY FD I COM 09254G108 63 5,000 SH   OTR 1,2,3 0 5,000 0
BLACKROCK MUNIY QUALITY FD I COM 09254G108 99 7,900 SH   DFND 1,2,3 7,900 0 0
CITIGROUP INC COM NEW 172967424 140 2,000 SH   OTR 1,2,3 0 2,000 0
CITIGROUP INC COM NEW 172967424 721 10,300 SH   DFND 1,2,3 10,300 0 0
COLONY CAP INC NEW CL A COM 19626G108 3 549 SH   OTR 1,2,3 0 549 0
COLONY CAP INC NEW CL A COM 19626G108 292 58,459 SH   DFND 1,2,3 58,459 0 0
CONCHO RES INC COM 20605P101 66 640 SH   OTR 1,2,3 0 640 0
CONCHO RES INC COM 20605P101 264 2,560 SH   DFND 1,2,3 2,560 0 0
CONOCOPHILLIPS COM 20825C104 232 3,800 SH   OTR 1,2,3 0 3,800 0
CONOCOPHILLIPS COM 20825C104 348 5,700 SH   DFND 1,2,3 5,700 0 0
CYRUSONE INC COM 23283R100 929 16,100 SH   OTR 1,2,3 0 16,100 0
CYRUSONE INC COM 23283R100 935 16,200 SH   DFND 1,2,3 16,200 0 0
EQM MIDSTREAM PARTNERS LP UNIT LTD PARTN 26885B100 316 7,100 SH   OTR 1,2,3 0 7,100 0
EQM MIDSTREAM PARTNERS LP UNIT LTD PARTN 26885B100 188 4,200 SH   DFND 1,2,3 4,200 0 0
ETF MANAGERS TR PRIME CYBR SCRTY 26924G201 112 2,800 SH   OTR 1,2,3 0 2,800 0
ETF MANAGERS TR PRIME CYBR SCRTY 26924G201 88 2,200 SH   DFND 1,2,3 2,200 0 0
EATON VANCE MUN BD FD COM 27827X101 132 10,600 SH   OTR 1,2,3 0 10,600 0
EATON VANCE MUN BD FD COM 27827X101 976 78,565 SH   DFND 1,2,3 78,565 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107 147 5,100 SH   OTR 1,2,3 0 5,100 0
ENTERPRISE PRODS PARTNERS L COM 293792107 231 8,000 SH   DFND 1,2,3 8,000 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 306 4,014 SH   OTR 1,2,3 0 4,014 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 1,678 22,100 SH   DFND 1,2,3 22,100 0 0
EXXON MOBIL CORP COM 30231G102 400 5,200 SH   OTR 1,2,3 0 5,200 0
EXXON MOBIL CORP COM 30231G102 330 4,300 SH   DFND 1,2,3 4,300 0 0
FIRST INDUSTRIAL REALTY TRUS COM 32054K103 349 9,500 SH   DFND 1,2,3 9,500 0 0
GENERAL ELECTRIC CO COM 369604103 130 12,312 SH   OTR 1,2,3 0 12,312 0
GENERAL ELECTRIC CO COM 369604103 620 59,000 SH   DFND 1,2,3 59,000 0 0
GILEAD SCIENCES INC COM 375558103 410 6,050 SH   OTR 1,2,3 0 6,050 0
GILEAD SCIENCES INC COM 375558103 805 11,900 SH   DFND 1,2,3 11,900 0 0
GLOBAL MED REIT INC COM NEW 37954A204 438 41,723 SH   OTR 1,2,3 0 41,723 0
GLOBAL MED REIT INC COM NEW 37954A204 616 58,667 SH   DFND 1,2,3 58,667 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 1,228 6,000 SH   DFND 1,2,3 6,000 0 0
HERSHA HOSPITALITY TR PR SHS BEN INT 427825500 215 13,006 SH   DFND 1,2,3 13,006 0 0
HUNT COS FIN TR INC COM 44558T100 171 50,000 SH   DFND 1,2,3 50,000 0 0
INTEL CORP COM 458140100 191 4,000 SH   OTR 1,2,3 0 4,000 0
INTEL CORP COM 458140100 191 4,000 SH   DFND 1,2,3 4,000 0 0
INVESCO VALUE MUN INCOME TR COM 46132P108 4 284 SH   OTR 1,2,3 0 284 0
INVESCO VALUE MUN INCOME TR COM 46132P108 1,878 123,403 SH   DFND 1,2,3 123,403 0 0
IRON MTN INC NEW COM 46284V101 252 8,100 SH   OTR 1,2,3 0 8,100 0
IRON MTN INC NEW COM 46284V101 326 10,400 SH   DFND 1,2,3 10,400 0 0
JPMORGAN CHASE & CO COM 46625H100 196 1,750 SH   OTR 1,2,3 0 1,750 0
JPMORGAN CHASE & CO COM 46625H100 2,773 24,800 SH   DFND 1,2,3 24,800 0 0
JD COM INC SPON ADR CL A 47215P106 303 10,000 SH   OTR 1,2,3 0 10,000 0
KIMCO RLTY CORP COM 49446R109 92 5,000 SH   OTR 1,2,3 0 5,000 0
KIMCO RLTY CORP COM 49446R109 129 7,000 SH   DFND 1,2,3 7,000 0 0
KITE RLTY GROUP TR COM NEW 49803T300 686 45,379 SH   OTR 1,2,3 0 45,379 0
KROGER CO COM 501044101 320 14,600 SH   OTR 1,2,3 0 14,600 0
KROGER CO COM 501044101 326 15,000 SH   DFND 1,2,3 15,000 0 0
LTC PPTYS INC COM 502175102 279 6,108 SH   DFND 1,2,3 6,108 0 0
LEXINGTON REALTY TRUST COM 529043101 16 1,650 SH   OTR 1,2,3 0 1,650 0
LEXINGTON REALTY TRUST COM 529043101 84 9,000 SH   DFND 1,2,3 9,000 0 0
MPLX LP COM UNIT REP LTD 55336V100 343 10,700 SH   OTR 1,2,3 0 10,700 0
MPLX LP COM UNIT REP LTD 55336V100 818 25,400 SH   DFND 1,2,3 25,400 0 0
MARATHON PETE CORP COM 56585A102 906 16,200 SH   OTR 1,2,3 0 16,200 0
MARATHON PETE CORP COM 56585A102 1,464 26,200 SH   DFND 1,2,3 26,200 0 0
MEDICAL PPTYS TRUST INC COM 58463J304 935 53,650 SH   OTR 1,2,3 0 53,650 0
MEDICAL PPTYS TRUST INC COM 58463J304 1,911 109,600 SH   DFND 1,2,3 109,600 0 0
MICROSOFT CORP COM 594918104 536 4,000 SH   OTR 1,2,3 0 4,000 0
MORGAN STANLEY COM NEW 617446448 964 22,000 SH   DFND 1,2,3 22,000 0 0
NETFLIX INC COM 64110L106 771 2,100 SH   OTR 1,2,3 0 2,100 0
NOODLES & CO COM CL A 65540B105 95 12,000 SH   OTR 1,2,3 0 12,000 0
NOODLES & CO COM CL A 65540B105 5,756 730,500 SH   DFND 1,2,3 730,500 0 0
NUTANIX INC CL A 67059N108 427 16,400 SH   OTR 1,2,3 0 16,400 0
NUTANIX INC CL A 67059N108 483 18,600 SH   DFND 1,2,3 18,600 0 0
NUVEEN AMT FREE QLTY MUN INC COM 670657105 99 7,190 SH   OTR 1,2,3 0 7,190 0
NUVEEN AMT FREE QLTY MUN INC COM 670657105 1,977 143,142 SH   DFND 1,2,3 143,142 0 0
NUVEEN QUALITY MUNCP INCOME COM 67066V101 279 19,942 SH   OTR 1,2,3 0 19,942 0
NUVEEN QUALITY MUNCP INCOME COM 67066V101 930 66,398 SH   DFND 1,2,3 66,398 0 0
NUVEEN MUN HIGH INCOME OPP F COM 670682103 149 10,700 SH   OTR 1,2,3 0 10,700 0
NUVEEN MUN HIGH INCOME OPP F COM 670682103 28 2,000 SH   DFND 1,2,3 2,000 0 0
NUVEEN MUNICIPAL CREDIT INC COM SH BEN INT 67070X101 459 29,169 SH   OTR 1,2,3 0 29,169 0
NUVEEN MUNICIPAL CREDIT INC COM SH BEN INT 67070X101 534 33,939 SH   DFND 1,2,3 33,939 0 0
NUVEEN AMT FREE MUN CR INC F COM 67071L106 427 26,885 SH   OTR 1,2,3 0 26,885 0
NUVEEN AMT FREE MUN CR INC F COM 67071L106 3,900 245,698 SH   DFND 1,2,3 245,698 0 0
NUTRIEN LTD COM 67077M108 907 17,000 SH   DFND 1,2,3 17,000 0 0
OMEGA HEALTHCARE INVS INC COM 681936100 151 4,100 SH   OTR 1,2,3 0 4,100 0
OMEGA HEALTHCARE INVS INC COM 681936100 522 14,200 SH   DFND 1,2,3 14,200 0 0
ONE LIBERTY PPTYS INC COM 682406103 81 2,799 SH   OTR 1,2,3 0 2,799 0
ONE LIBERTY PPTYS INC COM 682406103 1,430 49,375 SH   DFND 1,2,3 49,375 0 0
PALO ALTO NETWORKS INC COM 697435105 469 2,300 SH   OTR 1,2,3 0 2,300 0
PALO ALTO NETWORKS INC COM 697435105 448 2,200 SH   DFND 1,2,3 2,200 0 0
PFIZER INC COM 717081103 161 3,733 SH   OTR 1,2,3 0 3,733 0
PFIZER INC COM 717081103 43 1,000 SH   DFND 1,2,3 1,000 0 0
PHILLIPS 66 PARTNERS LP COM UNIT REP INT 718549207 149 3,000 SH   OTR 1,2,3 0 3,000 0
PHILLIPS 66 PARTNERS LP COM UNIT REP INT 718549207 296 6,000 SH   DFND 1,2,3 6,000 0 0
PLAINS ALL AMERN PIPELINE L UNIT LTD PARTN 726503105 148 6,100 SH   OTR 1,2,3 0 6,100 0
PLAINS ALL AMERN PIPELINE L UNIT LTD PARTN 726503105 105 4,300 SH   DFND 1,2,3 4,300 0 0
PROLOGIS INC COM 74340W103 983 12,276 SH   DFND 1,2,3 12,276 0 0
PUTNAM MANAGED MUN INCOM TR COM 746823103 84 11,000 SH   OTR 1,2,3 0 11,000 0
PUTNAM MANAGED MUN INCOM TR COM 746823103 688 90,112 SH   DFND 1,2,3 90,112 0 0
PUTNAM MUN OPPORTUNITIES TR SH BEN INT 746922103 146 11,500 SH   OTR 1,2,3 0 11,500 0
PUTNAM MUN OPPORTUNITIES TR SH BEN INT 746922103 575 45,366 SH   DFND 1,2,3 45,366 0 0
QTS RLTY TR INC COM CL A 74736A103 928 20,100 SH   OTR 1,2,3 0 20,100 0
QTS RLTY TR INC COM CL A 74736A103 1,085 23,500 SH   DFND 1,2,3 23,500 0 0
RETAIL PPTYS AMER INC CL A 76131V202 76,331 6,490,705 SH   OTR 1,2,3 0 6,490,705 0
RETAIL PPTYS AMER INC CL A 76131V202 34,252 2,912,543 SH   DFND 1,2,3 2,912,543 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 723 11,100 SH   OTR 1,2,3 0 11,100 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 2,759 42,400 SH   DFND 1,2,3 42,400 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 358 1,222 SH   DFND 1,2,3 1,222 0 0
SITE CENTERS CORP COM 82981J109 356 26,875 SH   DFND 1,2,3 26,875 0 0
STARBUCKS CORP COM 855244109 293 3,500 SH   OTR 1,2,3 0 3,500 0
STMICROELECTRONICS N V NY REGISTRY 861012102 18 1,000 SH   OTR 1,2,3 0 1,000 0
STMICROELECTRONICS N V NY REGISTRY 861012102 335 19,000 SH   DFND 1,2,3 19,000 0 0
SYMANTEC CORP COM 871503108 105 4,800 SH   OTR 1,2,3 0 4,800 0
SYMANTEC CORP COM 871503108 113 5,200 SH   DFND 1,2,3 5,200 0 0
TAKE-TWO INTERACTIVE SOFTWAR COM 874054109 228 2,000 SH   OTR 1,2,3 0 2,000 0
TAKE-TWO INTERACTIVE SOFTWAR COM 874054109 341 3,000 SH   DFND 1,2,3 3,000 0 0
TANGER FACTORY OUTLET CTRS I COM 875465106 96 5,900 SH   OTR 1,2,3 0 5,900 0
TANGER FACTORY OUTLET CTRS I COM 875465106 92 5,700 SH   DFND 1,2,3 5,700 0 0
UNITEDHEALTH GROUP INC COM 91324P102 705 2,900 SH   OTR 1,2,3 0 2,900 0
UNITEDHEALTH GROUP INC COM 91324P102 756 3,100 SH   DFND 1,2,3 3,100 0 0
UNIVERSAL HEALTH RLTY INCM T SH BEN INT 91359E105 1,326 15,613 SH   DFND 1,2,3 15,613 0 0
VENTAS INC COM 92276F100 116 1,700 SH   OTR 1,2,3 0 1,700 0
VENTAS INC COM 92276F100 137 2,000 SH   DFND 1,2,3 2,000 0 0
VEREIT INC COM 92339V100 1,721 191,146 SH   OTR 1,2,3 0 191,146 0
VEREIT INC COM 92339V100 13,019 1,444,968 SH   DFND 1,2,3 1,444,968 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 755 13,200 SH   OTR 1,2,3 0 13,200 0
VERIZON COMMUNICATIONS INC COM 92343V104 1,229 21,500 SH   DFND 1,2,3 21,500 0 0
VMWARE INC CL A COM 928563402 251 1,500 SH   OTR 1,2,3 0 1,500 0
WELLS FARGO CO NEW COM 949746101 155 3,300 SH   OTR 1,2,3 0 3,300 0
WELLS FARGO CO NEW COM 949746101 1,207 25,500 SH   DFND 1,2,3 25,500 0 0
XENIA HOTELS & RESORTS INC COM 984017103 1,379 66,160 SH   OTR 1,2,3 0 66,160 0
XENIA HOTELS & RESORTS INC COM 984017103 21 1,000 SH   DFND 1,2,3 1,000 0 0