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 |
| ACADIA RLTY TR | COM SH BEN INT | 004239109 | 1,438 | 136,900 | SH | SOLE | 136,900 | 0 | 0 | ||
| ALEXANDER & BALDWIN INC NEW | COM | 014491104 | 4,428 | 395,000 | SH | SOLE | 395,000 | 0 | 0 | ||
| ALEXANDERS INC | COM | 014752109 | 5,689 | 23,200 | SH | SOLE | 23,200 | 0 | 0 | ||
| ALEXANDRIA REAL ESTATE EQ IN | COM | 015271109 | 880 | 5,500 | SH | SOLE | 5,500 | 0 | 0 | ||
| AMERCO | COM | 023586100 | 1,139 | 3,200 | SH | SOLE | 3,200 | 0 | 0 | ||
| AMERICAN ASSETS TR INC | COM | 024013104 | 2,686 | 111,500 | SH | SOLE | 111,500 | 0 | 0 | ||
| AMERICAN TOWER CORP NEW | COM | 03027X100 | 9,910 | 41,000 | SH | SOLE | 41,000 | 0 | 0 | ||
| COLONY STARWOOD HOMES | NOTE 3.500% 1/1 | 19625XAB8 | 646 | 500,000 | PRN | SOLE | 500,000 | 0 | 0 | ||
| CROWN CASTLE INTL CORP NEW | COM | 22822V101 | 16,617 | 99,800 | SH | SOLE | 99,800 | 0 | 0 | ||
| CYRUSONE INC | COM | 23283R100 | 3,746 | 53,500 | SH | SOLE | 53,500 | 0 | 0 | ||
| EQUINIX INC | COM | 29444U700 | 10,262 | 13,500 | SH | SOLE | 13,500 | 0 | 0 | ||
| EQUITY LIFESTYLE PPTYS INC | COM | 29472R108 | 4,745 | 77,400 | SH | SOLE | 77,400 | 0 | 0 | ||
| FRONT YD RESIDENTIAL CORP | COM | 35904G107 | 5,725 | 655,000 | SH | SOLE | 655,000 | 0 | 0 | ||
| GRANITE PT MTG TR INC | NOTE 6.375%10/0 | 38741LAC1 | 919 | 1,000,000 | PRN | SOLE | 1,000,000 | 0 | 0 | ||
| LAMAR ADVERTISING CO NEW | CL A | 512816109 | 11,547 | 174,500 | SH | SOLE | 174,500 | 0 | 0 | ||
| LEXINGTON REALTY TRUST | PFD CONV SER C | 529043309 | 996 | 17,040 | SH | SOLE | 17,040 | 0 | 0 | ||
| OUTFRONT MEDIA INC | COM | 69007J106 | 2,598 | 178,500 | SH | SOLE | 178,500 | 0 | 0 | ||
| PROLOGIS INC. | COM | 74340W103 | 6,867 | 68,250 | SH | SOLE | 68,250 | 0 | 0 | ||
| PS BUSINESS PKS INC CALIF | COM | 69360J107 | 10,709 | 87,500 | SH | SOLE | 87,500 | 0 | 0 | ||
| QTS RLTY TR INC | 6.50% CON PFD B | 74736A301 | 8,487 | 60,000 | SH | SOLE | 60,000 | 0 | 0 | ||
| QTS RLTY TR INC | COM CL A | 74736A103 | 347 | 5,500 | SH | SOLE | 5,500 | 0 | 0 | ||
| READY CAPITAL CORP | 7% CN SR NT 2023 | 75574U200 | 714 | 30,000 | SH | SOLE | 30,000 | 0 | 0 | ||
| RESOURCE CAP CORP | NOTE 4.500% 8/1 | 76120WAC8 | 891 | 1,000,000 | PRN | SOLE | 1,000,000 | 0 | 0 | ||
| REXFORD INDL RLTY INC | COM | 76169C100 | 915 | 20,000 | SH | SOLE | 20,000 | 0 | 0 | ||
| RLJ LODGING TR | CUM CONV PFD A | 74965L200 | 688 | 30,000 | SH | SOLE | 30,000 | 0 | 0 | ||
| SBA COMMUNICATIONS CORP NEW | CL A | 78410G104 | 3,774 | 11,850 | SH | SOLE | 11,850 | 0 | 0 | ||
| SUN CMNTYS INC | COM | 866674104 | 3,374 | 24,000 | SH | SOLE | 24,000 | 0 | 0 | ||
| TERRENO RLTY CORP | COM | 88146M101 | 4,654 | 85,000 | SH | SOLE | 85,000 | 0 | 0 | ||
| URSTADT BIDDLE PPTYS INC | CL A | 917286205 | 2,732 | 297,000 | SH | SOLE | 297,000 | 0 | 0 | ||
| VODAFONE GROUP PLC NEW | SPONSORED ADR | 92857W308 | 4,013 | 299,000 | SH | SOLE | 299,000 | 0 | 0 | ||
| WP CAREY INC | COM | 92936U109 | 2,378 | 36,500 | SH | SOLE | 36,500 | 0 | 0 | ||