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 7,888 49,300 SH   SOLE   49,300 0 0
AMAZON COM INC COM 023135106 7,872 2,500 SH   SOLE   2,500 0 0
AMERICAN CAMPUS CMNTYS INC COM 024835100 27,364 783,632 SH   SOLE   783,632 0 0
AMERICOLD RLTY TR COM 03064D108 21,279 595,229 SH   SOLE   595,229 0 0
BOSTON PROPERTIES INC COM 101121101 12,516 155,862 SH   SOLE   155,862 0 0
BROOKDALE SR LIVING INC COM 112463104 3,353 1,320,103 SH   SOLE   1,320,103 0 0
CAESARS ENTERTAINMENT INC NE COM 12769G100 21,690 386,911 SH   SOLE   386,911 0 0
CAMDEN PPTY TR SH BEN INT 133131102 20,296 228,100 SH   SOLE   228,100 0 0
CORESITE RLTY CORP COM 21870Q105 17,356 146,000 SH   SOLE   146,000 0 0
CORPORATE OFFICE PPTYS TR SH BEN INT 22002T108 13,647 575,343 SH   SOLE   575,343 0 0
EPR PPTYS COM SH BEN INT 26884U109 1,379 50,136 SH   SOLE   50,136 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 4,935 96,150 SH   SOLE   96,150 0 0
ESSEX PPTY TR INC COM 297178105 11,525 57,400 SH   SOLE   57,400 0 0
FEDERAL RLTY INVT TR SH BEN INT NEW 313747206 18,178 247,525 SH   SOLE   247,525 0 0
FIRST INDL RLTY TR INC COM 32054K103 38,976 979,296 SH   SOLE   979,296 0 0
GAMING & LEISURE PPTYS INC COM 36467J108 29,982 811,852 SH   SOLE   811,852 0 0
GDS HLDGS LTD SPONSORED ADS 36165L108 19,522 238,566 SH   SOLE   238,566 0 0
GENERAC HLDGS INC COM 368736104 4,260 22,000 SH   SOLE   22,000 0 0
HEALTHCARE RLTY TR COM 421946104 12,628 419,246 SH   SOLE   419,246 0 0
HEALTHPEAK PROPERTIES INC COM 42250P103 17,270 636,099 SH   SOLE   636,099 0 0
HIGHWOODS PPTYS INC COM 431284108 16,552 493,051 SH   SOLE   493,051 0 0
INNOVATIVE INDL PPTYS INC COM 45781V101 17,437 140,500 SH   SOLE   140,500 0 0
INVITATION HOMES INC COM 46187W107 34,415 1,229,552 SH   SOLE   1,229,552 0 0
LIFE STORAGE INC COM 53223X107 6,626 62,940 SH   SOLE   62,940 0 0
MEDICAL PPTYS TRUST INC COM 58463J304 33,597 1,905,675 SH   SOLE   1,905,675 0 0
OMEGA HEALTHCARE INVS INC COM 681936100 5,562 185,759 SH   SOLE   185,759 0 0
OWENS CORNING NEW COM 690742101 4,404 64,000 SH   SOLE   64,000 0 0
PEBBLEBROOK HOTEL TR COM 70509V100 4,287 342,161 SH   SOLE   342,161 0 0
PENN NATL GAMING INC COM 707569109 16,713 229,896 SH   SOLE   229,896 0 0
POSTAL REALTY TRUST INC CL A 73757R102 8,847 584,328 SH   SOLE   584,328 0 0
QTS RLTY TR INC COM CL A 74736A103 6,652 105,561 SH   SOLE   105,561 0 0
REALTY INCOME CORP COM 756109104 30,049 494,640 SH   SOLE   494,640 0 0
RETAIL OPPORTUNITY INVTS COR COM 76131N101 10,499 1,008,024 SH   SOLE   1,008,024 0 0
RYMAN HOSPITALITY PPTYS INC COM 78377T107 7,339 199,421 SH   SOLE   199,421 0 0
STAG INDL INC COM 85254J102 18,961 621,865 SH   SOLE   621,865 0 0
SUN CMNTYS INC COM 866674104 16,005 113,827 SH   SOLE   113,827 0 0
SUNSTONE HOTEL INVS INC NEW COM 867892101 13,015 1,639,184 SH   SOLE   1,639,184 0 0
VEREIT INC COM 92339V100 9,750 1,500,000 SH   SOLE   1,500,000 0 0
VORNADO RLTY TR SH BEN INT 929042109 16,133 478,589 SH   SOLE   478,589 0 0
WEYERHAEUSER CO MTN BE COM NEW 962166104 4,278 150,000 SH   SOLE   150,000 0 0
WYNDHAM DESTINATIONS INC COM 98310W108 13,392 435,384 SH   SOLE   435,384 0 0
WYNDHAM HOTELS & RESORTS INC COM 98311A105 10,981 217,453 SH   SOLE   217,453 0 0
WYNN RESORTS LTD COM 983134107 4,126 57,458 SH   SOLE   57,458 0 0