| Cbre Group, Inc. (CBRE) | $39.90B | 2.9% | 30.5× | $38.54B |
| Jones Lang Lasalle Inc. (JLL) | $26.12B | 3.0% | 14.2× | $13.58B |
| KE Holdings Inc. (BEKE) | $13.52B | 3.2% | 29.3× | $19.32B |
| American Tower Corp. (AMT) | $10.64B | 24.7% | 25.5× | $86.33B |
| Cushman & Wakefield Ltd. (CWK) | $10.29B | 0.9% | 39.8× | $2.71B |
| Equinix Inc. (EQIX) | $9.22B | 14.6% | 63.4× | $97.29B |
| Prologis, Inc. (PLD) | $8.79B | 37.9% | 27.9× | $122.24B |
| Welltower Inc. (WELL) | $8.45B | 11.1% | 105.3× | $169.23B |
| Blackstone Real Estate Income Trust, Inc. (BSTT) | $7.96B | -41.2% | — | — |
| Compass, Inc. (COMP) | $6.96B | -0.8% | — | $6.77B |
| Weyerhaeuser Co. (WY) | $6.91B | 4.7% | 29.8× | $13.97B |
| Iron Mountain Inc. (IRM) | $6.90B | 2.2% | 80.4× | $33.49B |
| Simon Property Group Inc. (SPG) | $6.36B | 84.3% | 14.5× | $77.99B |
| Host Hotels & Resorts, Inc. (HST) | $6.11B | 12.5% | 15.5× | $15.93B |
| Digital Realty Trust, Inc. (DLR) | $6.11B | 21.4% | 85.4× | $66.46B |
| Ventas, Inc. (VTR) | $5.83B | 4.5% | 159.0× | $44.04B |
| Realty Income Corp. (O) | $5.75B | 18.4% | 40.6× | $53.06B |
| Colliers International Group Inc. (CIGI) | $5.56B | 4.0% | 40.9× | $4.42B |
| FirstService Corp (FSV) | $5.50B | 3.5% | 37.3× | $5.71B |
| Lineage, Inc. (LINE) | $5.36B | -1.9% | — | $8.47B |
| Public Storage (PSA) | $4.82B | 37.0% | 28.5× | $55.74B |
| AGNT, Inc. (AGNT) | $4.77B | -0.5% | — | $598.3M |
| MARRIOTT VACATIONS WORLDWIDE Corp (VAC) | $4.67B | -6.6% | — | $3.86B |
| Rithm Capital Corp. (RITM) | $4.59B | 15.2% | 14.3× | $4.86B |
| Opendoor Technologies Inc. (OPEN) | $4.37B | -29.7% | — | $1.93B |
| Crown Castle Inc. (CCI) | $4.26B | 10.4% | 33.4× | $35.95B |
| Vici Properties Inc. (VICI) | $4.01B | 69.3% | 9.2× | $25.99B |
| BXP, Inc. (BXP) | $3.48B | 7.9% | 31.8× | $10.71B |
| Extra Space Storage Inc. (EXR) | $3.38B | 28.8% | 30.8× | $30.81B |
| Avalonbay Communities Inc. (AVB) | $3.04B | 34.7% | 25.2× | $26.28B |
| Alexandria Real Estate Equities, Inc. (ARE) | $3.03B | -47.2% | — | $7.59B |
| Healthpeak Properties, Inc. (DOC) | $2.82B | 2.5% | 54.1× | $13.43B |
| Sba Communications Corp. (SBAC) | $2.82B | 37.4% | 20.2× | $19.84B |
| Newmark Group, Inc. (NMRK) | $2.77B | 4.6% | 14.8× | $2.87B |
| Invitation Homes Inc. (INVH) | $2.73B | 21.5% | 24.5× | $15.77B |
| Ryman Hospitality Properties, Inc. (RHP) | $2.58B | 9.4% | 29.3× | $8.30B |
| Americold Realty Trust (COLD) | $2.54B | -4.5% | — | $3.96B |
| Sun Communities Inc. (SUI) | $2.31B | 61.3% | 85.3× | $14.43B |
| Lamar Advertising Co. (LAMR) | $2.27B | 25.9% | 26.8× | $14.87B |
| CoreCivic, Inc. (CXW) | $2.21B | 5.3% | 27.1× | $3.22B |
| Mid America Apartment Communities Inc. (MAA) | $2.21B | 20.2% | 34.0× | $13.75B |
| Kimco Realty Corp. (KIM) | $2.14B | 27.3% | 26.3× | $15.02B |
| American Healthcare REIT, Inc. (AHR) | $2.09B | 3.3% | 78.4× | $11.45B |
| Real Brokerage Inc (REAX) | $1.97B | -0.4% | — | $567.5M |
| Essex Property Trust, Inc. (ESS) | $1.89B | 37.2% | 41.9× | $18.57B |
| Starwood Property Trust, Inc. (STWD) | $1.84B | 22.3% | 21.2× | $4.83B |
| OUTFRONT Media Inc. (OUT) | $1.83B | 8.0% | 21.9× | $5.35B |
| Vornado Realty Trust (VNO) | $1.81B | 50.0% | 7.7× | $6.40B |
| W. P. Carey Inc. (WPC) | $1.72B | 27.2% | 21.8× | $14.68B |
| UDR, Inc. (UDR) | $1.71B | 22.1% | 21.5× | $12.48B |
| Gaming & Leisure Properties, Inc. (GLPI) | $1.59B | 51.7% | 11.3× | $11.52B |
| Starwood Real Estate Income Trust, Inc. (SWDS) | $1.58B | -43.7% | — | — |
| Regency Centers Corp. (REG) | $1.55B | 34.0% | 24.2× | $13.42B |
| Forestar Group Inc. (FOR) | $1.54B | 10.9% | 7.7× | $1.31B |
| Diversified Healthcare Trust (DHC) | $1.54B | -18.6% | — | $1.84B |
| Equity Lifestyle Properties Inc. (ELS) | $1.53B | 26.3% | 28.6× | $11.87B |
| Pebblebrook Hotel Trust (PEB) | $1.48B | -4.5% | — | $2.20B |
| Howard Hughes Holdings Inc. (HHH) | $1.47B | 8.4% | 13.9× | $4.10B |
| Service Properties Trust (SVC) | $1.41B | -14.3% | — | $926.0M |
| Apple Hospitality REIT, Inc. (APLE) | $1.41B | 12.4% | 21.9× | $3.83B |
| Brixmor Property Group Inc. (BRX) | $1.37B | 28.2% | 19.5× | $8.42B |
| RLJ Lodging Trust (RLJ) | $1.35B | 2.1% | — | $1.72B |
| Federal Realty Investment Trust (FRT) | $1.28B | 32.1% | 21.5× | $9.30B |
| Omega Healthcare Investors Inc. (OHI) | $1.19B | 49.6% | 16.1× | $14.40B |
| Healthcare Realty Trust Inc (HR) | $1.18B | -20.8% | — | $6.07B |
| CubeSmart (CUBE) | $1.12B | 29.5% | 26.0× | $8.59B |
| DiamondRock Hospitality Co (DRH) | $1.12B | 9.1% | 18.6× | $2.76B |
| Kilroy Realty Corp. (KRC) | $1.11B | 0.0% | 24.4× | $4.09B |
| Ashford Hospitality Trust Inc. (AHT) | $1.10B | -16.3% | — | $12.4M |
| Douglas Elliman Inc. (DOUG) | $1.03B | 1.5% | 5.3× | $140.9M |
| Macerich Co. (MAC) | $1.01B | -19.4% | — | $6.56B |
| Douglas Emmett Inc (DEI) | $1.00B | 1.6% | — | $1.97B |
| Rexford Industrial Realty, Inc. (REXR) | $1.00B | 21.1% | — | $8.40B |
| Sl Green Realty Corp. (SLG) | $1.00B | -9.7% | — | $3.71B |
| Cousins Properties Inc. (CUZ) | $993.8M | 4.1% | 115.1× | $4.55B |
| Medical Properties Trust Inc. (MPT) | $972.0M | -28.5% | — | $1.88B |
| Nnn REIT, Inc. (NNN) | $926.2M | 42.1% | 19.9× | $7.66B |
| STAG Industrial, Inc. (STAG) | $845.2M | 32.4% | 27.7× | $7.09B |
| Kite Realty Group Trust (KRG) | $844.4M | 35.4% | 14.9× | $4.91B |
| Hudson Pacific Properties, Inc. (HPP) | $831.1M | -71.3% | — | $649.6M |
| Highwoods Properties, Inc. (HIW) | $806.1M | 20.2% | 19.2× | $3.26B |
| Sabra Health Care REIT, Inc. (SBRA) | $774.6M | 20.1% | 75.8× | $4.84B |
| Empire State Realty OP, L.P. (ESBA) | $766.8M | 9.5% | 240.0× | $1.34B |
| Empire State Realty Trust, Inc. (ESRT) | $766.8M | 9.5% | 243.0× | $1.49B |
| Copt Defense Properties (CDP) | $763.9M | 20.9% | 23.1× | $3.86B |
| Marcus & Millichap, Inc. (MMI) | $755.2M | -0.3% | — | $1.07B |
| National Storage Affiliates Trust (NSA) | $752.9M | 9.8% | 57.9× | $6.39B |
| Summit Hotel Properties, Inc. (INN) | $729.5M | -1.6% | — | $655.7M |
| First Industrial Realty Trust Inc. (FR) | $727.1M | 34.0% | 21.6× | $8.14B |
| Phillips Edison & Company, Inc. (PECO) | $726.6M | 15.3% | 33.0× | $5.31B |
| Eastgroup Properties Inc. (EGP) | $721.3M | 35.7% | 34.4× | $10.54B |
| Epr Properties (EPR) | $718.4M | 38.3% | 17.5× | $4.19B |
| Agree Realty Corp. (ADC) | $718.2M | 28.5% | 35.2× | $8.30B |
| Braemar Hotels & Resorts Inc. (BHR) | $704.0M | -3.2% | — | $105.0M |
| Independence Realty Trust, Inc. (IRT) | $657.7M | 8.6% | 82.1× | $3.57B |
| Janus Living, Inc. (JAN) | $604.0M | 1.1% | — | $8.96B |
| Millrose Properties, Inc. (MRP) | $600.5M | 63.3% | 7.8× | $3.72B |
| Cbl & Associates Properties Inc. (CBL) | $578.4M | 23.5% | 7.2× | $1.53B |
| Offerpad Solutions Inc. (OPAD) | $567.8M | -8.2% | — | $12.7M |
| Piedmont Realty Trust, Inc. (PDM) | $565.0M | -14.8% | — | $1.14B |
| Essential Properties Realty Trust, Inc. (EPRT) | $561.2M | 45.1% | 20.0× | $5.59B |
| ST JOE Co (JOE) | $513.2M | 22.5% | 31.0× | $3.76B |
| Kennedy-Wilson Holdings, Inc. (KW) | $501.0M | 4.8% | — | — |
| Ares Real Estate Income Trust Inc. (ZARE) | $498.8M | -13.6% | — | — |
| JBG SMITH Properties (JBGS) | $498.6M | -27.9% | — | $861.1M |
| Global Net Lease, Inc. (GNL) | $495.3M | -45.5% | — | $1.81B |
| Brandywine Realty Trust (BDN) | $484.5M | -36.8% | — | $454.2M |
| Rayonier Inc. (RYN) | $483.0M | 98.2% | 41.3× | $5.68B |
| CareTrust REIT, Inc. (CTRE) | $476.4M | 67.3% | 22.9× | $8.66B |
| Terreno Realty Corp (TRNO) | $476.4M | 84.6% | 17.8× | $7.20B |
| Urban Edge Properties (UE) | $471.9M | 19.8% | 36.8× | $2.69B |
| Broadstone Net Lease, Inc. (BNL) | $454.1M | 21.2% | 23.9× | $3.86B |
| Office Properties Income Trust (OPI) | $442.6M | -61.5% | — | $335.0M |
| American Assets Trust, Inc. (AAT) | $436.2M | 16.4% | 74.0× | $1.66B |
| Hines Global Income Trust, Inc. (HGIT) | $425.2M | 4.1% | — | — |
| Fathom Holdings Inc. (FTHM) | $420.5M | -4.8% | — | $6.8M |
| Cim Group, Inc. (CMRF) | $416.0M | 12.6% | 15.2× | $871.8M |
| Acadia Realty Trust (AKR) | $410.8M | 4.1% | 53.2× | $2.64B |
| Claros Mortgage Trust, Inc. (CMTG) | $389.5M | — | — | $169.3M |
| Safehold Inc. (SAFE) | $385.6M | 29.7% | 7.5× | $854.0M |
| National Health Investors Inc. (NHI) | $375.6M | 37.9% | 19.0× | $3.22B |
| LXP Industrial Trust (LXP) | $350.2M | 32.3% | 60.4× | $3.60B |
| National Healthcare Properties, Inc. (NHP) | $342.3M | -16.9% | — | $1.13B |
| Easterly Government Properties, Inc. (DEA) | $336.1M | 3.9% | 120.4× | $1.12B |
| BrightSpire Capital, Inc. (BRSP) | $330.6M | -9.4% | — | $466.9M |
| InvenTrust Properties Corp. (IVT) | $299.2M | 37.2% | 157.9× | $2.34B |
| Chatham Lodging Trust (CLDT) | $295.1M | 5.1% | 170.1× | $666.4M |
| Four Corners Property Trust, Inc. (FCPT) | $294.1M | 38.2% | 19.5× | $2.36B |
| RE/MAX Holdings, Inc. (RMAX) | $291.6M | 4.6% | — | $681.2M |
| Saul Centers, Inc. (BFS) | $289.8M | 12.9% | 30.1× | $1.02B |
| AH Realty Trust, Inc. (AHRT) | $285.2M | 2.0% | — | $572.6M |
| SmartStop Self Storage REIT, Inc. (SMA) | $281.1M | -3.1% | — | $1.87B |
| Centerspace (CSR) | $273.7M | 6.2% | 44.6× | $995.2M |
| Apollo Commercial Real Estate Finance, Inc. (ARI) | $271.6M | 46.7% | 7.9× | $809.8M |
| Franklin BSP Realty Trust, Inc. (FBRT) | $270.1M | 30.5% | 13.9× | $508.2M |
| Innovative Industrial Properties Inc. (IIPR) | $266.0M | 44.5% | 11.6× | $1.41B |
| Ltc Properties Inc. (LTC) | $262.9M | 44.9% | 15.4× | $2.33B |
| Umh Properties, Inc. (UMH) | $261.8M | 2.3% | 125.3× | $1.28B |
| NexPoint Residential Trust, Inc. (NXRT) | $251.3M | -12.7% | — | $943.8M |
| KBS Real Estate Investment Trust III, Inc. (KBSR) | $250.0M | -31.5% | — | $133.7M |
| Elme Communities (ELME) | $241.9M | -5.4% | — | $155.5M |
| Getty Realty Corp. (GTY) | $221.7M | 35.7% | 16.9× | $1.75B |
| Alexanders Inc. (ALX) | $213.2M | 13.2% | 7.2× | $1.20B |
| Sila Realty Trust, Inc. (SILA) | $197.5M | 16.8% | — | — |
| NETSTREIT Corp. (NTST) | $195.0M | 3.6% | 123.6× | $1.76B |
| Curbline Properties Corp. (CURB) | $182.9M | 21.8% | 98.4× | $3.06B |
| Sotherly Hotels Inc. (SOHON) | $176.4M | -4.4% | — | — |
| Gladstone Commercial Corp. (GOOD) | $161.3M | 12.0% | 50.6× | $617.2M |
| Whitestone REIT (WSR) | $160.9M | 31.0% | 19.8× | $988.0M |
| Strawberry Fields REIT, Inc. (STRW) | $155.0M | 4.9% | 19.8× | $726.8M |
| Inland Real Estate Income Trust, Inc. (INRE) | $153.6M | -7.2% | — | $379.2M |
| Clipper Realty Inc. (CLPR) | $153.2M | -34.2% | — | $133.8M |
| CTO Realty Growth, Inc. (CTO) | $149.5M | 6.7% | 14.9× | $767.0M |
| Chiron Real Estate Inc. (XRN) | $148.2M | -4.6% | — | $439.3M |
| Orion Properties Inc. (ONL) | $147.6M | -94.4% | — | $117.5M |
| Apartment Investment & Management Co. (AIV) | $138.5M | — | 9.3× | $273.1M |
| SITE Centers Corp. (SITC) | $123.6M | — | 1.3× | $161.6M |
| Community Healthcare Trust Inc (CHCT) | $121.2M | 4.2% | 20.0× | $377.4M |
| Net Lease Office Properties (NLOP) | $118.9M | — | — | $143.8M |
| Creative Media & Community Trust Corp (CMCT) | $116.7M | -33.4% | — | $14.8M |
| BOSTON OMAHA Corp (BOC) | $114.4M | -10.9% | — | $363.9M |
| Star Holdings (STHO) | $110.1M | -58.3% | — | $93.1M |
| Five Point Holdings, LLC (FPH) | $108.2M | 65.6% | 6.2× | $647.8M |
| Franklin Street Properties Corp. (FSP) | $107.2M | -42.0% | — | $41.6M |
| Wheeler Real Estate Investment Trust, Inc. (WHLR) | $99.4M | 8.8% | — | $570,373 |
| Universal Health Realty Income Trust (UHT) | $99.2M | 17.8% | 27.4× | $530.2M |
| Cantor Fitzgerald Income Trust, Inc. (CFTR-PA) | $97.9M | -8.6% | — | — |
| BRT Apartments Corp. (BRT) | $97.0M | -12.3% | — | $247.1M |
| Postal Realty Trust, Inc. (PSTL) | $95.8M | 14.8% | 40.7× | $875.2M |
| New England Realty Associates Limited Partnership (NEN) | $89.2M | 6.8% | — | $163.0M |
| GLADSTONE LAND Corp (LAND) | $88.3M | 15.3% | — | $404.2M |
| Nexpoint Diversified Real Estate Trust (NXDT) | $86.0M | — | — | $264.5M |
| ACRES Commercial Realty Corp. (ACR) | $79.9M | 35.0% | 352.3× | $165.7M |
| Intergroup Corp. (INTG) | $74.0M | 2.2% | 47.2× | $69.9M |
| La Rosa Holdings Corp. (LRHC) | $68.5M | -44.6% | — | $510,510 |
| Bluerock Homes Trust, Inc. (BHM) | $68.1M | -47.8% | — | $91.7M |
| FrontView REIT, Inc. (FVR) | $67.1M | -5.7% | — | $516.8M |
| Comstock Holding Companies, Inc. (CHCI) | $62.9M | 27.1% | 7.7× | $186.3M |
| Alpine Income Property Trust, Inc. (PINE) | $60.5M | -4.4% | — | $343.5M |
| Portsmouth Square Inc. (PRSI) | $55.8M | -9.7% | — | $4.0M |
| Ares Commercial Real Estate Corp (ACRE) | $54.8M | -1.6% | — | $198.1M |
| Regional Health Properties, Inc. (RHEP) | $53.2M | 6.3% | 0.7× | $4.2M |
| Amrep Corp. (AXR) | $52.8M | 19.5% | 18.9× | $108.9M |
| Farmland Partners Inc. (FPI) | $52.2M | 60.5% | 20.7× | $463.4M |
| Fangdd Network Group Ltd. (DUO) | $50.7M | -23.9% | — | $27.1M |
| American Realty Investors Inc. (ARL) | $50.0M | 31.4% | 37.7× | — |
| Tejon Ranch Co. (TRC) | $49.6M | 0.2% | 74.3× | $441.8M |
| NewLake Capital Partners, Inc. (NLCP) | $49.5M | 53.1% | 11.7× | $288.3M |
| Transcontinental Realty Investors Inc. (TCI) | $49.1M | 28.1% | 51.3× | $419.0M |
| Nam Tai Property Inc. (NTPIF) | $48.0M | 0.2% | — | $262.9M |
| Modiv Industrial, Inc. (MDV) | $46.4M | 2.3% | 50.1× | $215.1M |
| Alico, Inc. (ALCO) | $44.1M | — | — | $286.3M |
| Frp Holdings, Inc. (FRPH) | $42.8M | 7.8% | 106.3× | $367.5M |
| Selectis Health, Inc. (GBCS) | $41.4M | -2.5% | — | $17.6M |
| Strategic Student & Senior Housing Trust, Inc. (STSR) | $37.7M | -15.3% | — | $34.4M |
| Mobile Infrastructure Corp (BEEP) | $35.1M | -61.1% | — | $107.4M |
| Procaccianti Hotel REIT, Inc. (PRXA) | $32.8M | 5.7% | — | — |
| Lightstone Value Plus REIT IV, Inc. (LTSV) | $30.5M | -12.2% | — | $22.4M |
| Strategic Storage Trust VI, Inc. (SGST) | $30.5M | -78.6% | — | — |
| Stratus Properties Inc. (STRS) | $29.9M | 40.1% | 6.8× | $143.8M |
| Cedar Realty Trust, Inc. (CDR-PB) | $29.7M | -6.3% | — | — |
| Seven Hills Realty Trust (SEVN) | $29.4M | 52.5% | 10.1× | $156.3M |
| First Real Estate Investment Trust of New Jersey, Inc. (FREVS) | $29.3M | 12.0% | 6.1× | $138.8M |
| Reitar Logtech Holdings Ltd (RITRF) | $28.3M | -68.9% | — | $686,881 |
| Terra Property Trust, Inc. (TPTS) | $28.3M | -98.3% | — | — |
| Sky Harbour Group Corp (SKYH) | $27.5M | 68.3% | 105.0× | $771.4M |
| InPoint Commercial Real Estate Income, Inc. (ICR-PA) | $23.0M | -6.8% | — | — |
| Mays J W Inc. (MAYS) | $22.5M | -0.6% | — | $79.6M |
| Sunrise Realty Trust, Inc. (SUNS) | $21.6M | 56.3% | 6.2× | $79.1M |
| Linkhome Holdings Inc. (LHAI) | $21.0M | 0.4% | — | $14.1M |
| MacKenzie Realty Capital, Inc. (MKZR) | $20.0M | -70.6% | — | $3.5M |
| Maui Land & Pineapple Co. Inc. (MLP) | $19.5M | -54.4% | — | $291.9M |
| Seritage Growth Properties (SRG) | $18.2M | — | — | $88.4M |
| Bimini Capital Management, Inc. (BMNM) | $16.6M | 35.0% | 4.5× | $29.2M |
| CaliberCos Inc. (CWD) | $15.2M | — | — | $4.8M |
| HG Holdings, Inc. (STLY) | $14.7M | 11.3% | 10.5× | $19.1M |
| Presidio Property Trust, Inc. (SQFT) | $14.0M | -59.0% | — | $1.2M |
| Sunrise Real Estate Group Inc. (SRRE) | $13.3M | -62.6% | — | $4.8M |
| Camden Property Trust (CPT) | $13.0M | — | 32.2× | $11.30B |
| Global Self Storage, Inc. (SELF) | $12.7M | 16.0% | 27.2× | $56.0M |
| Medalist Diversified, Inc. (MDRR) | $10.4M | -23.0% | — | $23.4M |
| Alset Inc. (AEI) | $4.5M | — | — | $24.4M |
| Trinity Place Holdings Inc. (TPHS) | $3.5M | — | — | $2.0M |
| Winning Catering Group, Inc. (WNHK) | $21,290 | — | — | — |
| American Homes 4 Rent (AMH) | — | — | 24.3× | $12.56B |
| Sachem Capital Corp. (SACH) | — | — | — | $40.0M |
| Vivmark Residential (VMRK) | — | — | 23.5× | $47.40B |
