| 201)Belpointe PREP, LLC OZ US | Real Estate - Development | $154M |
| 202)STRATUS PROPERTIES INC STRS US | Real Estate - Diversified | $144M |
| 203)Net Lease Office Properties NLOP US | REIT - Office | $143M |
| 204)Douglas Elliman Inc. DOUG US | Real Estate Services | $138M |
| 205)Orion Properties Inc. ONL US | REIT - Office | $123M |
| 206)AMREP CORP. AXR US | Real Estate - Development | $108M |
| 207)Seritage Growth Properties SRG-PA US | Real Estate Services | $102M |
| 208)Star Holdings STHO US | Real Estate Services | $100M |
| 209)JFB Construction Holdings JFB US | Real Estate - Development | $100M |
| 210)CAPITAL PROPERTIES INC /RI/ CPTP US | Real Estate Services | $99M |
| 211)Cherry Hill Mortgage Investment Corp CHMI US | REIT - Mortgage | $95M |
| 212)Braemar Hotels & Resorts Inc. BHR US | REIT - Hotel & Motel | $85M |
| 213)Rithm Property Trust Inc. RPT US | REIT - Mortgage | $84M |
| 214)Smith Douglas Homes Corp. SDHC US | Real Estate - Development | $82M |
| 215)MAYS J W INC MAYS US | Real Estate Services | $80M |
| 216)Rafael Holdings, Inc. RFL US | Real Estate Services | $79M |
| 217)Sunrise Realty Trust, Inc. SUNS US | REIT - Mortgage | $78M |
| 218)ALTISOURCE PORTFOLIO SOLUTIONS S.A. ASPS US | Real Estate Services | $70M |
| 219)KAANAPALI LAND LLC KANP US | Real Estate - Development | $57M |
| 220)Global Self Storage, Inc. SELF US | REIT - Specialty | $57M |
| 221)Clipper Realty Inc. CLPR US | REIT - Residential | $50M |
| 222)EUDA Health Holdings Ltd EUDA US | Real Estate Services | $49M |
| 223)Sachem Capital Corp. SACH US | REIT - Mortgage | $41M |
| 224)MANHATTAN BRIDGE CAPITAL, INC LOAN US | REIT - Mortgage | $39M |
| 225)FRANKLIN STREET PROPERTIES CORP /MA/ FSP US | REIT - Office | $37M |
| 226)Bluerock Homes Trust, Inc. BHM US | REIT - Residential | $33M |
| 227)Granite Point Mortgage Trust Inc. GPMT US | REIT - Mortgage | $29M |
| 228)Alset Inc. AEI US | Real Estate - Development | $27M |
| 229)Fangdd Network Group Ltd. DUO US | Real Estate Services | $27M |
| 230)Lument Finance Trust, Inc. LFT US | REIT - Mortgage | $26M |
| 231)AmBase Corp ABCP US | Real Estate Services | $25M |
| 232)American Strategic Investment Co. NYC US | Real Estate Services | $18M |
| 233)Medalist Diversified, Inc. MDRR US | Real Estate Services | $17M |
| 234)Linkhome Holdings Inc. LHAI US | Real Estate Services | $16M |
| 235)Awaysis Capital, Inc. AWCA US | Real Estate Services | $15M |
| 236)Creative Media & Community Trust Corp CMCT US | REIT - Office | $14M |
| 237)INNSUITES HOSPITALITY TRUST IHT US | REIT - Hotel & Motel | $13M |
| 238)TerraVolt Holdings, Inc. GEDC US | Real Estate - Development | $13M |
| 239)Offerpad Solutions Inc. OPAD US | Real Estate Services | $13M |
| 240)TDH Holdings, Inc. PETZ US | Real Estate Services | $13M |
| 241)International Land Alliance Inc. ILAL US | Real Estate - Development | $12M |
| 242)ASHFORD HOSPITALITY TRUST INC AHT US | REIT - Hotel & Motel | $12M |
| 243)Gyrodyne, LLC GYRO US | Real Estate Services | $11M |
| 244)Fathom Holdings Inc. FTHM US | Real Estate Services | $7M |
| 245)reAlpha Tech Corp. AIRE US | Real Estate Services | $7M |
| 246)Zoned Properties, Inc. ZDPY US | Real Estate Services | $6M |
| 247)TAP REAL ESTATE TECHNOLOGIES, INC. RWAX US | Real Estate Services | $6M |
| 248)RenX Enterprises Corp. RENX US | Real Estate - Development | $6M |
| 249)New Concept Energy, Inc. GBR US | Real Estate Services | $5M |
| 250)Ohmyhome Ltd OMH US | Real Estate Services | $5M |
| 251)SUNRISE REAL ESTATE GROUP INC SRRE US | Real Estate - Development | $4M |
| 252)MacKenzie Realty Capital, Inc. MKZR US | REIT - Diversified | $4M |
| 253)Power REIT PW US | REIT - Specialty | $3M |
| 254)Change Agents Corporation. CHGA US | Real Estate Services | $2M |
| 255)My City Builders, Inc. MYCB US | Real Estate - Development | $2M |
| 256)Trinity Place Holdings Inc. TPHS US | Real Estate - Development | $2M |
| 257)UC Asset LP UCASU US | Real Estate - Development | $1M |
| 258)Ucommune International Ltd UK US | Real Estate Services | $1M |
| 259)GENERATION INCOME PROPERTIES, INC. GIPR US | REIT - Diversified | $1M |
| 260)Presidio Property Trust, Inc. SQFT US | REIT - Diversified | $1M |
| 261)Hubilu Venture Corp HBUV US | Real Estate Services | $1M |
| 262)Wheeler Real Estate Investment Trust, Inc. WHLR US | REIT - Retail | $690175 |
| 263)La Rosa Holdings Corp. LRHC US | Real Estate Services | $632299 |
| 264)CANNABIS SUISSE CORP. CSUI US | Real Estate Services | $431154 |
| 265)ADVANCED OXYGEN TECHNOLOGIES INC AOXY US | Real Estate Services | $291360 |
| 266)Community Redevelopment Inc. CRDV US | Real Estate - Diversified | $210763 |
| 267)CEDAR REALTY TRUST, INC. CDR-PB US | REIT - Retail | — |
| 268)Cantor Fitzgerald Income Trust, Inc. CFTR-PA US | REIT - Diversified | — |
| 269)InPoint Commercial Real Estate Income, Inc. ICR-PA US | REIT - Mortgage | — |
| 270)TWO HARBORS INVESTMENT CORP. TWO-PC US | REIT - Mortgage | — |