U.S. Real Estate Management and Development Strong Balance Sheet Stocks

Fathom Holdings

Market Cap: US$54.7m

Provides a real estate services platform that integrates residential brokerage, mortgage, title, and insurance services in the United States.

eXp World Holdings

Market Cap: US$1.6b

Provides cloud-based real estate brokerage services for residential homeowners and homebuyers.

New Concept Energy

Market Cap: US$5.1m

Engages in the real estate rental business.

Alset

Market Cap: US$101.6m

Engages in real estate development business in the United States, Singapore, Hong Kong, Australia, South Korea, and the People’s Republic of China.

Zillow Group

Market Cap: US$17.7b

Operates real estate brands in mobile applications and Websites in the United States.

AMREP

Market Cap: US$125.8m

Through its subsidiaries, engages in the real estate business in the United States.

HG Holdings

Market Cap: US$21.8m

Provides land title insurance for owners and mortgages in the United States.

KE Holdings

Market Cap: US$22.7b

Through its subsidiaries, engages in operating an integrated online and offline platform for housing transactions and services in the People's Republic of China.

Five Point Holdings

Market Cap: US$914.1m

Designs, owns, and develops mixed-use planned communities in Orange County, Los Angeles County, and San Francisco County.

CKX Lands

Market Cap: US$22.7m

Engages in the ownership and management of land in the United States.

Comstock Holding Companies

Market Cap: US$152.4m

Operates as a asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C.

Marcus & Millichap

Market Cap: US$1.1b

An investment brokerage company, provides real estate investment brokerage and financing services to sellers and buyers of commercial real estate in the United States and Canada.

CoStar Group

Market Cap: US$35.4b

Provides information, analytics, and online marketplace services in the United States, Canada, Europe, the Asia Pacific, and Latin America.

Tuxis

Market Cap: US$1.7m

Through its subsidiaries, engages in the real estate development and management businesses.

Blue Ridge Real Estate

Market Cap: US$20.5m

Owns investment properties in Eastern Pennsylvania.

Capital Properties

Market Cap: US$70.6m

Engages in leasing land in downtown Providence, Rhode Island under long-term ground leases.

Real Brokerage

Market Cap: US$849.8m

Operates as a real estate technology company in the United States and Canada.

Linkhome Holdings

Market Cap: US$159.4m

An artificial intelligence-driven property technology company, provides real estate related services in the United States.

Jones Lang LaSalle

Market Cap: US$14.1b

A commercial real estate and investment management company, engages in the buying, building, occupying, managing, and investing in commercial, industrial, hotel, residential, and retail properties in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

RMR Group

Market Cap: US$497.2m

Through its subsidiary, The RMR Group LLC, provides asset management services in the United States.

Seritage Growth Properties

Market Cap: US$237.1m

Prior to the adoption of the Company’s Plan of Sale, Seritage was principally engaged in the ownership, development, redevelopment, management, sale and leasing of diversified retail and mixed-use properties throughout the United States.

Copper Property CTL Pass Through Trust

Market Cap: US$933.0m

Owns, operates, and leases retail properties in the United States.

Awaysis Capital

Market Cap: US$80.8m

Operates as a real estate management and hospitality company.

Kaanapali Land

Market Cap: US$69.2m

Engages in the property and agriculture businesses in the state of Hawaii.

Reitar Logtech Holdings

Market Cap: US$188.0m

Through its subsidiaries, provides construction management and engineering design services in Hong Kong.

Seaport Entertainment Group

Market Cap: US$296.1m

Owns, develops, and operates a portfolio of entertainment and real estate assets primarily in New York City and Las Vegas.

J.W. Mays

Market Cap: US$76.6m

Owns, operates, and leases commercial real estate properties in the United States.

Star Holdings

Market Cap: US$109.8m

Engages in the non-ground lease real estate assets business in the United States.

HyOrc

Market Cap: US$21.1m

Engages in the research, development, and commercialization of clean-energy technologies.

Newmark Group

Market Cap: US$4.5b

Provides commercial real estate services in the United States, the United Kingdom, and internationally.

Douglas Elliman

Market Cap: US$254.6m

Engages in the real estate services and property technology investment business in the United States.

Transcontinental Realty Investors

Market Cap: US$398.5m

A Dallas-based real estate investment company, holds a diverse portfolio of equity real estate located across the U.S., including office buildings, apartments, shopping centers, and developed and undeveloped land.

American Realty Investors

Market Cap: US$263.9m

Acquires, develops, and owns multifamily and commercial real estate properties in the Southern United States.

Opendoor Technologies

Market Cap: US$5.9b

Operates a digital platform for residential real estate transactions in the United States.

GATES GROUP

Market Cap: US$158.0m

Through its subsidiaries, engages in the procurement, sale, and management of condominiums and solar power generation facilities for real estate sales companies and individual investors.

Offerpad Solutions

Market Cap: US$122.9m

Provides technology-enabled solutions for residential real estate market in the United States.