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
ALEXANDRIA REAL ESTATE EQ IN COM 015271109 326 2,010 SH   DFND 1,2,3 2,010 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 2,890 13,400 SH   DFND 1,2,3 13,400 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 1,599 7,404 SH   OTR 1,2,3 0 7,404 0
ALPHABET INC CAP STK CL C 02079K107 1,416 1,002 SH   OTR 1,2,3 0 1,002 0
AMAZON COM INC COM 023135106 1,766 640 SH   DFND 1,2,3 640 0 0
AMAZON COM INC COM 023135106 1,091 395 SH   OTR 1,2,3 0 395 0
AMERICA FIRST MULTIFAMILY IN BEN UNIT CTF 02364V107 184 44,700 SH   DFND 1,2,3 44,700 0 0
AMERICAN CAMPUS CMNTYS INC COM 024835100 150 4,300 SH   DFND 1,2,3 4,300 0 0
AMERICAN CAMPUS CMNTYS INC COM 024835100 86 2,500 SH   OTR 1,2,3 0 2,500 0
AMERICAN INTL GROUP INC COM NEW 026874784 253 8,100 SH   DFND 1,2,3 8,100 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 59 1,900 SH   OTR 1,2,3 0 1,900 0
AMERICOLD RLTY TR COM 03064D108 1,451 40,000 SH   DFND 1,2,3 40,000 0 0
AMERICOLD RLTY TR COM 03064D108 349 9,600 SH   OTR 1,2,3 0 9,600 0
APARTMENT INVT & MGMT CO CL A 03748R754 2,055 54,583 SH   DFND 1,2,3 54,583 0 0
APARTMENT INVT & MGMT CO CL A 03748R754 117 3,100 SH   OTR 1,2,3 0 3,100 0
APPLE INC COM 037833100 73 200 SH   DFND 1,2,3 200 0 0
APPLE INC COM 037833100 785 2,154 SH   OTR 1,2,3 0 2,154 0
ASHFORD HOSPITALITY TR INC COM SHS 044103109 187 259,623 SH   DFND 1,2,3 259,623 0 0
ASHFORD HOSPITALITY TR INC COM SHS 044103109 57 78,400 SH   OTR 1,2,3 0 78,400 0
AVALONBAY CMNTYS INC COM 053484101 293 1,900 SH   DFND 1,2,3 1,900 0 0
AVALONBAY CMNTYS INC COM 053484101 221 1,430 SH   OTR 1,2,3 0 1,430 0
BP PLC SPONSORED ADR 055622104 658 28,200 SH   DFND 1,2,3 28,200 0 0
BP PLC SPONSORED ADR 055622104 151 6,500 SH   OTR 1,2,3 0 6,500 0
BNY MELLON STRATEGIC MUNS IN COM 05588W108 325 41,922 SH   DFND 1,2,3 41,922 0 0
BNY MELLON STRATEGIC MUNS IN COM 05588W108 9 1,100 SH   OTR 1,2,3 0 1,100 0
BNY MELLON MUN INCOME INC COM 05589T104 109 13,157 SH   DFND 1,2,3 13,157 0 0
BALL CORP COM 058498106 208 3,000 SH   DFND 1,2,3 3,000 0 0
BK OF AMERICA CORP 7.25%CNV PFD L 060505682 805 600 SH   DFND 1,2,3 600 0 0
BK OF AMERICA CORP 7.25%CNV PFD L 060505682 1,392 1,037 SH   OTR 1,2,3 0 1,037 0
BLACKROCK MUN INCOME QUALITY COM 092479104 433 31,622 SH   DFND 1,2,3 31,622 0 0
BLACKROCK MUN INCOME QUALITY COM 092479104 69 5,000 SH   OTR 1,2,3 0 5,000 0
BLACKROCK MUNIHOLDINGS FD II COM 09253P109 27 1,887 SH   DFND 1,2,3 1,887 0 0
BLACKROCK MUNIHOLDINGS FD II COM 09253P109 236 16,500 SH   OTR 1,2,3 0 16,500 0
BLACKROCK MUNI INTER DR FD I COM 09253X102 200 14,500 SH   DFND 1,2,3 14,500 0 0
BLACKROCK MUNI INTER DR FD I COM 09253X102 80 5,800 SH   OTR 1,2,3 0 5,800 0
BLACKROCK MUNIHOLDINGS QUALI COM 09254A101 464 38,217 SH   DFND 1,2,3 38,217 0 0
BLACKROCK MUNIHOLDINGS QUALI COM 09254A101 156 12,815 SH   OTR 1,2,3 0 12,815 0
BLACKROCK MUNIHOLDINGS QUALI COM 09254C107 144 11,597 SH   DFND 1,2,3 11,597 0 0
BLACKROCK MUNIHOLDINGS QUALI COM 09254C107 62 5,000 SH   OTR 1,2,3 0 5,000 0
BLACKROCK MUNIYIELD QUALITY COM 09254E103 413 31,665 SH   DFND 1,2,3 31,665 0 0
BLACKROCK MUNIYIELD QUALITY COM 09254E103 20 1,500 SH   OTR 1,2,3 0 1,500 0
BLACKROCK MUNIYIELD QUALITY COM 09254G108 101 7,900 SH   DFND 1,2,3 7,900 0 0
BLACKROCK MUNIYIELD QUALITY COM 09254G108 64 5,000 SH   OTR 1,2,3 0 5,000 0
BROADCOM INC COM 11135F101 316 1,000 SH   DFND 1,2,3 1,000 0 0
BROADCOM INC COM 11135F101 158 500 SH   OTR 1,2,3 0 500 0
CEDAR FAIR L P DEPOSITRY UNIT 150185106 220 8,000 SH   DFND 1,2,3 8,000 0 0
CEDAR FAIR L P DEPOSITRY UNIT 150185106 97 3,500 SH   OTR 1,2,3 0 3,500 0
CHEWY INC CL A 16679L109 630 14,100 SH   DFND 1,2,3 14,100 0 0
CHEWY INC CL A 16679L109 217 4,900 SH   OTR 1,2,3 0 4,900 0
CISCO SYS INC COM 17275R102 293 6,300 SH   DFND 1,2,3 6,300 0 0
CISCO SYS INC COM 17275R102 267 5,700 SH   OTR 1,2,3 0 5,700 0
CITIGROUP INC COM NEW 172967424 526 10,300 SH   DFND 1,2,3 10,300 0 0
CITIGROUP INC COM NEW 172967424 102 2,000 SH   OTR 1,2,3 0 2,000 0
COLONY CAP INC NEW CL A COM 19626G108 140 58,459 SH   DFND 1,2,3 58,459 0 0
CONOCOPHILLIPS COM 20825C104 239 5,700 SH   DFND 1,2,3 5,700 0 0
CONOCOPHILLIPS COM 20825C104 160 3,800 SH   OTR 1,2,3 0 3,800 0
CROWN CASTLE INTL CORP NEW COM 22822V101 84 500 SH   DFND 1,2,3 500 0 0
CROWN CASTLE INTL CORP NEW COM 22822V101 334 2,000 SH   OTR 1,2,3 0 2,000 0
CYRUSONE INC COM 23283R100 2,094 28,800 SH   DFND 1,2,3 28,800 0 0
CYRUSONE INC COM 23283R100 779 10,700 SH   OTR 1,2,3 0 10,700 0
DIVERSIFIED HEALTHCARE TR COM SH BEN INT 25525P107 511 115,664 SH   DFND 1,2,3 115,664 0 0
DIVERSIFIED HEALTHCARE TR COM SH BEN INT 25525P107 196 44,600 SH   OTR 1,2,3 0 44,600 0
EATON VANCE MUN BD FD COM 27827X101 773 60,787 SH   DFND 1,2,3 60,787 0 0
EATON VANCE MUN BD FD COM 27827X101 113 8,876 SH   OTR 1,2,3 0 8,876 0
ENTERPRISE PRODS PARTNERS L COM 293792107 145 8,000 SH   DFND 1,2,3 8,000 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107 91 4,900 SH   OTR 1,2,3 0 4,900 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 1,382 23,500 SH   DFND 1,2,3 23,500 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 354 6,014 SH   OTR 1,2,3 0 6,014 0
EXACT SCIENCES CORP COM 30063P105 2,747 31,600 SH   DFND 1,2,3 31,600 0 0
EXACT SCIENCES CORP COM 30063P105 295 3,400 SH   OTR 1,2,3 0 3,400 0
EXXON MOBIL CORP COM 30231G102 138 3,100 SH   DFND 1,2,3 3,100 0 0
EXXON MOBIL CORP COM 30231G102 228 5,100 SH   OTR 1,2,3 0 5,100 0
GOLDMAN SACHS GROUP INC COM 38141G104 1,186 6,000 SH   DFND 1,2,3 6,000 0 0
INTEL CORP COM 458140100 239 4,000 SH   DFND 1,2,3 4,000 0 0
INTEL CORP COM 458140100 239 4,001 SH   OTR 1,2,3 0 4,001 0
INTERNATIONAL BUSINESS MACHS COM 459200101 259 2,150 SH   DFND 1,2,3 2,150 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 344 2,850 SH   OTR 1,2,3 0 2,850 0
INVESCO CALIF MUN INCOME TR COM 46132P108 1,581 109,403 SH   DFND 1,2,3 109,403 0 0
INVESCO CALIF MUN INCOME TR COM 46132P108 4 284 SH   OTR 1,2,3 0 284 0
INVESCO EXCHANGE TRADED FD T HIG YLD EQ DIV 46137V563 409 28,300 SH   DFND 1,2,3 28,300 0 0
INVESCO EXCHANGE TRADED FD T HIG YLD EQ DIV 46137V563 238 16,700 SH   OTR 1,2,3 0 16,700 0
JPMORGAN CHASE & CO COM 46625H100 2,352 25,000 SH   DFND 1,2,3 25,000 0 0
JPMORGAN CHASE & CO COM 46625H100 202 2,150 SH   OTR 1,2,3 0 2,150 0
KITE RLTY GROUP TR COM NEW 49803T300 339 29,332 SH   OTR 1,2,3 0 29,332 0
LAUDER ESTEE COS INC CL A 518439104 377 2,000 SH   DFND 1,2,3 2,000 0 0
LAUDER ESTEE COS INC CL A 518439104 170 900 SH   OTR 1,2,3 0 900 0
MPLX LP COM UNIT REP LTD 55336V100 394 22,800 SH   DFND 1,2,3 22,800 0 0
MPLX LP COM UNIT REP LTD 55336V100 130 7,500 SH   OTR 1,2,3 0 7,500 0
MARATHON PETE CORP COM 56585A102 980 26,200 SH   DFND 1,2,3 26,200 0 0
MARATHON PETE CORP COM 56585A102 559 15,000 SH   OTR 1,2,3 0 15,000 0
MEDICAL PPTYS TRUST INC COM 58463J304 2,060 109,600 SH   DFND 1,2,3 109,600 0 0
MEDICAL PPTYS TRUST INC COM 58463J304 888 47,200 SH   OTR 1,2,3 0 47,200 0
MICROSOFT CORP COM 594918104 855 4,207 SH   OTR 1,2,3 0 4,207 0
MORGAN STANLEY COM NEW 617446448 1,063 22,000 SH   DFND 1,2,3 22,000 0 0
NETFLIX INC COM 64110L106 956 2,100 SH   OTR 1,2,3 0 2,100 0
NIKE INC CL B 654106103 226 2,300 SH   OTR 1,2,3 0 2,300 0
NOODLES & CO COM CL A 65540B105 4,147 685,500 SH   DFND 1,2,3 685,500 0 0
NOODLES & CO COM CL A 65540B105 73 12,000 SH   OTR 1,2,3 0 12,000 0
NUTANIX INC CL A 67059N108 640 27,000 SH   DFND 1,2,3 27,000 0 0
NUTANIX INC CL A 67059N108 305 12,800 SH   OTR 1,2,3 0 12,800 0
NUVEEN AMT FREE QLTY MUN INC COM 670657105 1,781 128,142 SH   DFND 1,2,3 128,142 0 0
NUVEEN AMT FREE QLTY MUN INC COM 670657105 100 7,190 SH   OTR 1,2,3 0 7,190 0
NVIDIA CORPORATION COM 67066G104 456 1,200 SH   OTR 1,2,3 0 1,200 0
NUVEEN QUALITY MUNCP INCOME COM 67066V101 791 56,398 SH   DFND 1,2,3 56,398 0 0
NUVEEN QUALITY MUNCP INCOME COM 67066V101 279 19,942 SH   OTR 1,2,3 0 19,942 0
NUVEEN MUN HIGH INCOME OPPOR COM 670682103 20 1,500 SH   DFND 1,2,3 1,500 0 0
NUVEEN MUN HIGH INCOME OPPOR COM 670682103 141 10,700 SH   OTR 1,2,3 0 10,700 0
NUVEEN MUNICIPAL CREDIT INC COM SH BEN INT 67070X101 501 33,939 SH   DFND 1,2,3 33,939 0 0
NUVEEN MUNICIPAL CREDIT INC COM SH BEN INT 67070X101 431 29,169 SH   OTR 1,2,3 0 29,169 0
NUVEEN AMT FREE MUN CR INC F COM 67071L106 3,448 225,698 SH   DFND 1,2,3 225,698 0 0
NUVEEN AMT FREE MUN CR INC F COM 67071L106 411 26,885 SH   OTR 1,2,3 0 26,885 0
OMEGA HEALTHCARE INVS INC COM 681936100 422 14,200 SH   DFND 1,2,3 14,200 0 0
OMEGA HEALTHCARE INVS INC COM 681936100 113 3,800 SH   OTR 1,2,3 0 3,800 0
ONE LIBERTY PPTYS INC COM 682406103 341 19,374 SH   DFND 1,2,3 19,374 0 0
PAGERDUTY INC COM 69553P100 1,689 59,000 SH   DFND 1,2,3 59,000 0 0
PALO ALTO NETWORKS INC COM 697435105 46 200 SH   DFND 1,2,3 200 0 0
PALO ALTO NETWORKS INC COM 697435105 528 2,300 SH   OTR 1,2,3 0 2,300 0
PHILLIPS 66 PARTNERS LP COM UNIT REP INT 718549207 216 6,000 SH   DFND 1,2,3 6,000 0 0
PHILLIPS 66 PARTNERS LP COM UNIT REP INT 718549207 82 2,300 SH   OTR 1,2,3 0 2,300 0
PREFERRED APT CMNTYS INC COM 74039L103 248 32,600 SH   DFND 1,2,3 32,600 0 0
PREFERRED APT CMNTYS INC COM 74039L103 58 7,400 SH   OTR 1,2,3 0 7,400 0
PUTNAM MANAGED MUN INCOME TR COM 746823103 572 78,112 SH   DFND 1,2,3 78,112 0 0
PUTNAM MANAGED MUN INCOME TR COM 746823103 81 11,000 SH   OTR 1,2,3 0 11,000 0
PUTNAM MUN OPPORTUNITIES TR SH BEN INT 746922103 516 40,366 SH   DFND 1,2,3 40,366 0 0
PUTNAM MUN OPPORTUNITIES TR SH BEN INT 746922103 147 11,500 SH   OTR 1,2,3 0 11,500 0
QTS RLTY TR INC COM CL A 74736A103 1,506 23,500 SH   DFND 1,2,3 23,500 0 0
QTS RLTY TR INC COM CL A 74736A103 1,198 18,700 SH   OTR 1,2,3 0 18,700 0
QUALCOMM INC COM 747525103 2,280 24,991 SH   DFND 1,2,3 24,991 0 0
QUALCOMM INC COM 747525103 255 2,790 SH   OTR 1,2,3 0 2,790 0
RED LION HOTELS CORP COM 756764106 73 31,544 SH   DFND 1,2,3 31,544 0 0
RETAIL PPTYS AMER INC CL A 76131V202 19,683 2,688,943 SH   DFND 1,2,3 2,688,943 0 0
RETAIL PPTYS AMER INC CL A 76131V202 46,078 6,294,705 SH   OTR 1,2,3 0 6,294,705 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 1,386 42,400 SH   DFND 1,2,3 42,400 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 342 10,400 SH   OTR 1,2,3 0 10,400 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 377 1,222 SH   DFND 1,2,3 1,222 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 1 2 SH   OTR 1,2,3 0 2 0
SCIENCE APPLICATIONS INTL CO COM 808625107 295 3,800 SH   DFND 1,2,3 3,800 0 0
SCIENCE APPLICATIONS INTL CO COM 808625107 249 3,200 SH   OTR 1,2,3 0 3,200 0
STARBUCKS CORP COM 855244109 147 2,000 SH   DFND 1,2,3 2,000 0 0
STARBUCKS CORP COM 855244109 258 3,500 SH   OTR 1,2,3 0 3,500 0
TAILORED BRANDS INC COM 87403A107 94 100,000 SH   DFND 1,2,3 100,000 0 0
TAKE-TWO INTERACTIVE SOFTWAR COM 874054109 419 3,000 SH   DFND 1,2,3 3,000 0 0
TAKE-TWO INTERACTIVE SOFTWAR COM 874054109 154 1,100 SH   OTR 1,2,3 0 1,100 0
TESLA INC COM 88160R101 216 200 SH   OTR 1,2,3 0 200 0
UBER TECHNOLOGIES INC COM 90353T100 2,424 78,000 SH   DFND 1,2,3 78,000 0 0
UBER TECHNOLOGIES INC COM 90353T100 62 2,000 SH   OTR 1,2,3 0 2,000 0
UNITEDHEALTH GROUP INC COM 91324P102 2,935 9,950 SH   DFND 1,2,3 9,950 0 0
UNITEDHEALTH GROUP INC COM 91324P102 1,756 5,960 SH   OTR 1,2,3 0 5,960 0
UNITI GROUP INC COM 91325V108 9 1,000 SH   OTR 1,2,3 0 1,000 0
UNIVERSAL HEALTH RLTY INCM T SH BEN INT 91359E105 1,241 15,613 SH   DFND 1,2,3 15,613 0 0
VAIL RESORTS INC COM 91879Q109 1,512 8,300 SH   DFND 1,2,3 8,300 0 0
VAIL RESORTS INC COM 91879Q109 309 1,700 SH   OTR 1,2,3 0 1,700 0
VENTAS INC COM 92276F100 366 10,000 SH   DFND 1,2,3 10,000 0 0
VENTAS INC COM 92276F100 403 11,000 SH   OTR 1,2,3 0 11,000 0
VANGUARD INDEX FDS SM CP VAL ETF 922908611 913 8,550 SH   DFND 1,2,3 8,550 0 0
VANGUARD INDEX FDS SM CP VAL ETF 922908611 155 1,450 SH   OTR 1,2,3 0 1,450 0
VEREIT INC COM 92339V100 161 25,000 SH   OTR 1,2,3 0 25,000 0
VMWARE INC CL A COM 928563402 262 1,700 SH   DFND 1,2,3 1,700 0 0
VMWARE INC CL A COM 928563402 232 1,500 SH   OTR 1,2,3 0 1,500 0
WELLS FARGO CO NEW COM 949746101 653 25,500 SH   DFND 1,2,3 25,500 0 0
WELLS FARGO CO NEW COM 949746101 66 2,600 SH   OTR 1,2,3 0 2,600 0
XENIA HOTELS & RESORTS INC COM 984017103 9 1,000 SH   DFND 1,2,3 1,000 0 0
XENIA HOTELS & RESORTS INC COM 984017103 547 58,678 SH   OTR 1,2,3 0 58,678 0