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

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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 66,081 1,820,400 SH   SOLE   1,820,400 0 0
APARTMENT INVT & MGMT CO CL A 03748R754 24,462 649,900 SH   SOLE   649,900 0 0
CAMDEN PPTY TR SH BEN INT 133131102 66,066 724,250 SH   SOLE   724,250 0 0
CORPORATE OFFICE PPTYS TR SH BEN INT 22002T108 28,307 1,117,078 SH   SOLE   1,117,078 0 0
EASTERLY GOVT PPTYS INC COM 27616P103 71,181 3,078,742 SH   SOLE   3,078,742 0 0
FIVE STAR SENIOR LIVING INC COM NEW 33832D205 6,024 1,544,580 SH   SOLE   1,544,580 0 0
GENESIS HEALTHCARE INC CL A COM 37185X106 2,310 3,347,035 SH   SOLE   3,347,035 0 0
JBG SMITH PPTYS COM 46590V100 84,816 2,868,315 SH   SOLE   2,868,315 0 0
MGM GROWTH PPTYS LLC CL A COM 55303A105 13,102 481,500 SH   SOLE   481,500 0 0
QTS RLTY TR INC COM CL A 74736A103 65,661 1,024,510 SH   SOLE   1,024,510 0 0
RMR GROUP INC CL A 74967R106 5,371 182,259 SH   SOLE   182,259 0 0