The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete. | |||||||||||||||||||||
| UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F INFORMATION TABLE |
| ||||||||||||||||||||
| 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 |
| PREFERRED APT CMNTYS | COM | 74039L103 | 2,596 | 350,815 | SH | SOLE | 350,815 | 0 | 0 | ||
| BRAEMAR HOTELS & RES | 5.5 CUM CV PFD B | 10482B200 | 2,359 | 145,190 | SH | SOLE | 0 | 0 | 145,190 | ||
| QTS RLTY TR INC | 6.50% CON PFD B | 74736A301 | 9,662 | 68,087 | SH | SOLE | 0 | 0 | 68,087 | ||
| GLOBAL NET LEASE INC | COM NEW | 379378201 | 8,839 | 515,670 | SH | SOLE | 515,670 | 0 | 0 | ||
| PLYMOUTH INDL REIT I | COM | 729640102 | 5,900 | 393,332 | SH | SOLE | 393,332 | 0 | 0 | ||
| RLJ LODGING TR | CUM CONV PFD A | 74965L200 | 7,558 | 297,582 | SH | SOLE | 0 | 0 | 297,582 | ||
| EXTENDED STAY AMER I | UNIT 99/99/9999B | 30224P200 | 10,739 | 725,127 | SH | SOLE | 0 | 0 | 725,127 | ||
| OFFICE PPTYS INCOME | COM SHS BEN INT | 67623C109 | 6,435 | 283,242 | SH | SOLE | 283,242 | 0 | 0 | ||
| CROWN CASTLE INTL CO | COM | 22822V101 | 6,091 | 38,262 | SH | SOLE | 38,262 | 0 | 0 | ||
| CORENERGY INFRASTRUC | NOTE 5.875% 8/1 | 21870UAC0 | 1,454 | 2,025,000 | PRN | SOLE | 0 | 0 | 2,025,000 | ||
| RESOURCE CAP CORP | NOTE 4.500% 8/1 | 76120WAC8 | 3,463 | 3,750,000 | PRN | SOLE | 0 | 0 | 3,750,000 | ||
| GRANITE PT MTG TR IN | NOTE 6.375%10/0 | 38741LAC1 | 4,609 | 5,000,000 | PRN | SOLE | 0 | 0 | 5,000,000 | ||
| HERSHA HOSPITALITY T | PR SHS BEN INT | 427825500 | 3,192 | 404,598 | SH | SOLE | 0 | 0 | 404,598 | ||
| AMERICOLD RLTY TR | COM | 03064D108 | 3,994 | 107,000 | SH | SOLE | 107,000 | 0 | 0 | ||
| DIAMONDROCK HOSPITAL | COM | 252784301 | 5,623 | 681,550 | SH | SOLE | 681,550 | 0 | 0 | ||
| BLACKSTONE MTG TR IN | COM CL A | 09257W100 | 11,716 | 425,588 | SH | SOLE | 425,588 | 0 | 0 | ||
| SL GREEN RLTY CORP | COM | 78440X101 | 35,510 | 596,011 | SH | SOLE | 596,011 | 0 | 0 | ||