U.S. Property Play

National Healthcare Properties

Market Cap: US$208.8m

National Healthcare Properties, Inc. (including, as required by context, National Healthcare Properties Operating Partnership, L.P.

Pacific Oak Strategic Opportunity REIT

Market Cap: US$205.9m

Pacific Oak Strategic Opportunity REIT, Inc.

NexPoint Diversified Real Estate Trust

Market Cap: US$190.3m

An externally advised, publicly traded, diversified real estate investment trust (REIT) focused on the acquisition, development, and management of opportunistic and value-add investments throughout the United States across multiple sectors where NexPoint and its affiliates have operational expertise.

Modiv Industrial

Market Cap: US$174.4m

An internally managed REIT that is focused on single-tenant net-lease industrial manufacturing real estate.

Clipper Realty

Market Cap: US$172.0m

Clipper Realty Inc. (NYSE: CLPR) is a self-administered and self-managed real estate company that acquires, owns, manages, operates, and repositions multifamily residential and commercial properties in the New York metropolitan area, with a portfolio in Manhattan and Brooklyn.

Franklin Street Properties

Market Cap: US$170.1m

Franklin Street Properties Corp., based in Wakefield, Massachusetts, is focused on infill and central business district (CBD) office properties in the U.S.

Orion Properties

Market Cap: US$159.4m

Orion Office REIT specializes in the ownership, acquisition and management of a diversified portfolio of mission-critical and corporate headquarters office buildings in high-quality suburban markets across the U.S.

Bluerock Homes Trust

Market Cap: US$149.6m

Bluerock Homes Trust, Inc. (NYSE American: BHM), headquartered in New York, New York, is an externally managed REIT that owns and operates a portfolio of institutional residential properties including single-family homes, build-to-rent communities, and other residential communities located in attractive markets with a focus on the knowledge-economy and high quality of life regions of the Sunbelt and high growth areas of the Western United States.

Lightstone Value Plus REIT V

Market Cap: US$120.3m

Lightstone Value Plus REIT V, Inc. (“Lightstone REIT V,” which may also be referred to as the “Company,” “we,” “us,” or “our”), was organized as a Maryland corporation on January 9, 2007 and has elected to be taxed, and currently qualifies, as a real estate investment trust (“REIT”) for United States (“U.S”).

First Real Estate Investment Trust of New Jersey

Market Cap: US$103.5m

First Real Estate Investment Trust of New Jersey, Inc.

Lightstone Value Plus REIT I

Market Cap: US$83.8m

A Maryland corporation (“Lightstone REIT I”), formed on June 8, 2004, which has elected to be taxed and qualify as a real estate investment trust (“REIT”) for United States (“U.S.”) federal income tax purposes.

Maxus Realty Trust

Market Cap: US$79.2m

Maxus Realty Trust, Inc. (the Trust), is structured as what is commonly referred to as an umbrella partnership REIT, or UPREIT, structure.

Lightstone Value Plus REIT II

Market Cap: US$61.9m

Lightstone Value Plus REIT II, Inc. (“Lightstone REIT II”), is a Maryland corporation formed on April 28, 2008, which elected to qualify as a real estate investment trust (“REIT”) for United States (the “U.S.”) federal income tax purposes beginning with the taxable year ended December 31, 2009.

Global Self Storage

Market Cap: US$57.5m

Global Self Storage is a self-administered and self-managed REIT that owns, operates, manages, acquires, and redevelops self-storage properties.

Highlands REIT

Market Cap: US$57.0m

Highlands REIT, Inc. (“Highlands”), which was formed in December 2015, is a Maryland corporation with a portfolio of investment properties including multi-family, retail and office properties, a correctional facility and unimproved land.

KBS Real Estate Investment Trust III

Market Cap: US$44.6m

KBS Real Estate Investment Trust III, Inc.

Lightstone Value Plus REIT III

Market Cap: US$41.1m

Lightstone Value Plus REIT III, Inc. (“Lightstone REIT III”) is a Maryland corporation, formed on October 5, 2012, which elected to qualify as a real estate investment trust (“REIT”) for United States (the “U.S.”) federal income tax purposes beginning with the taxable year ended December 31, 2015.

Ashford Hospitality Trust

Market Cap: US$36.6m

Together with its subsidiaries (“Ashford Trust”), is a real estate investment trust (“REIT”).

Strategic Student & Senior Housing Trust

Market Cap: US$34.4m

Strategic Student and Senior Housing Trust, Inc.

Silver Star Properties REIT

Market Cap: US$29.0m

A self-managed real estate investment trust with a history of operational excellence and a focus on institutional-grade self-storage property acquisitions.

Medalist Diversified REIT

Market Cap: US$28.8m

Medalist Diversified REIT (NASDAQ: MDRR) is a real estate investment trust that specializes in acquiring, owning, and managing value-add commercial real estate.

Office Properties Income Trust

Market Cap: US$26.5m

OPI is a national REIT focused on owning and leasing office properties to high credit quality tenants in markets throughout the United States.

InnSuites Hospitality Trust

Market Cap: US$21.9m

InnSuites Hospitality Trust (NYSE American symbol: IHT) first listed on the NYSE in 1971 is headquartered in Phoenix, Arizona is an unincorporated Ohio Business.

Presidio Property Trust

Market Cap: US$18.6m

Presidio is an internally managed, diversified REIT with holdings in model home properties which are triple net leased to homebuilders, office, industrial, and retail properties.

Sotherly Hotels

Market Cap: US$17.6m

A self-managed and self-administered lodging REIT focused on the acquisition, renovation, upbranding and repositioning of upscale to upper-upscale full-service hotels in the Southern United States.

CorEnergy Infrastructure Trust

Market Cap: US$14.0m

CorEnergy Infrastructure Trust, Inc. (NYSE: CORR, CORRPrA) is a real estate investment trust that owns and operates or leases regulated natural gas transmission and distribution lines and crude oil gathering, storage and transmission pipelines and associated rights-of-way.

Palmetto Real Estate Trust

Market Cap: US$13.3m

Palmetto Real Estate Trust has been organized as a qualified real estate investment trust under the Internal Revenue Code and the applicable state laws.

MacKenzie Realty Capital

Market Cap: US$8.3m

MacKenzie, founded in 2013, is a West Coast-focused REIT that intends to invest at least 80% of its total assets in real property, and up to a maximum of 20% of its total assets in illiquid real estate securities.

Selectis Health

Market Cap: US$6.9m

Selectis Health, Inc. (“Selectis” or “we” or the “Company”) owns and operates, through wholly-owned subsidiaries Assisted Living Facilities, Independent Living Facilities, and Skilled Nursing Facilities across the South and Southeastern portions of the US.

Generation Income Properties

Market Cap: US$6.4m

Generation Income Properties, Inc., located in Tampa, Florida, is an internally managed real estate investment trust formed to acquire and own, directly and jointly, real estate investments focused on retail, office, and industrial net lease properties in densely populated submarkets.

Wheeler Real Estate Investment Trust

Market Cap: US$6.3m

A Maryland corporation, is a fully integrated, self-managed commercial real estate investment trust that owns, leases and operates income-producing retail properties with a primary focus on grocery-anchored centers.

Creative Media & Community Trust

Market Cap: US$5.3m

A Maryland corporation and REIT.

Power REIT

Market Cap: US$3.3m

Power REIT (ticker: PW) is a real-estate investment trust (REIT) that owns real estate related to properties for Controlled Environment Agriculture (greenhouses), Renewable Energy and Transportation.

Strategic Realty Trust

Market Cap: US$767.0k

Strategic Realty Trust ('SRT') is a Real Estate Investment Trust focused on owning High Quality West Coast Urban and Street Retail Properties.

Pillarstone Capital REIT

Market Cap: US$216.5k

Paragon Real Estate Equity and Investment Trust does not have significant operations.

Presidential Realty

Market Cap: US$607.0

Presidential Realty Corporation ("Presidential" or the "Company") is operated as a self-administrated, self-managed Real Estate Investment Trust ("REIT").