| Gti 8 Institutional Investors Company Limited | Global Forest Partners LP | $420.3M |
| Homestead Capital USA Farmland Fund II, LP | Homestead Capital USA, LLC | $419.7M |
| Davis Investment Ventures Fund Iv-A, L.P | Davis Investment Ventures, LLC | $418.8M |
| Tpg Real Estate Thematic Advantage Core-Plus JV (iv), L.P. | Tpg Real Estate Advisors, LLC | $418.5M |
| Nfu Mutual Global Real Estate, L.P. | Stepstone Group Real Estate LP | $417.9M |
| Rfm-Nyscrf Affordable Housing Fund L.P. | Related Fund Management, LLC | $417.8M |
| Hearthstone Housing Partners III, LLC | Hearthstone Inc., a California Corporation | $417.2M |
| Tishman Speyer European Real Estate Venture IX Scsp | Tishman Speyer Properties, L.P. | $416.4M |
| Blackstone Property Partners Life Sciences - 2025 SPV L.P. | Blackstone Property Advisors L.P. | $415.9M |
| Ares Pan-European Logistics Partnership, L.P. | Ares Management LLC | $414.9M |
| Longpoint Fund IV, LP | Longpoint Partners LP | $414.8M |
| Kayne Anderson Real Estate Partners IV, L.P. | Kayne Anderson Capital Advisors, L.P. | $413.1M |
| Canyon US Real Estate Opportunity Master L.P. | Canyon Partners Real Estate LLC | $413.1M |
| Alexandrite Lake Holdings L.P. | Brookfield Asset Management Pic US, LLC | $412.7M |
| Bristol Industrial II, L.P. | Bristol Group Inc | $411.2M |
| Domain Northside Holdings LP | Northwood Investors LLC | $410.5M |
| Kp Value Added Fund 1, LP | J.P. Morgan Investment Management Inc. | $409.8M |
| Affinius Tactical Partners Iv-B LP | Affinius Capital Advisors LLC | $409.8M |
| PGIM Real Estate Global Data Center US Fund LP | PGIM, Inc. | $409.1M |
| Bain Capital Real Estate Fund Ii-C, L.P. | Bain Capital Real Estate, LP | $408.2M |
| Kkr Real Estate Partners Europe III (usd) Scsp | Kohlberg Kravis Roberts & Co. L.P. | $406.8M |
| Big Real Estate Fund I, L.P. | Basis Management Group LLC | $406M |
| Trea Sv Mob Venture I LLC | Rethink Capital Partners, LLC | $405.4M |
| Fairfield U.S. Multifamily Core Plus Joint Venture LP | Fairfield Realty Advisors LLC | $403.8M |
| Maverick Lien Fund VI LP | Maverick Real Estate Partners LLC | $403.4M |
| Bsrep III Ursa Co-Invest L.P. | Brookfield Asset Management Pic US, LLC | $401.2M |
| Pg Workforce Housing, LP | Pccp, LLC | $401.1M |
| PC Workforce Housing, LP | Pccp, LLC | $401.1M |
| Sculptor Real Estate Fund V C Co-Investments, LP | Sculptor Capital LP | $400.8M |
| Lem Multifamily Fund VI, L.P. | Lem Capital, L.P. | $400.7M |
| Sun Belt Growth Fund Holding I, LLC | McP Advisers, LLC | $400M |
| US Industrial Club V, LP | Txre Advisers, LLC | $400M |
| Tishman Speyer Thematic Platform Strategy, L.P. | Tishman Speyer Properties, L.P. | $399.9M |
| North Haven Real Estate Fund X Global-T, L.P. | Msref Real Estate Advisor, Inc. | $399.6M |
| West Street European Re Partners (p) Slp | Goldman Sachs Asset Management, L.P. | $399.5M |
| GP Invitation Fund IV, LP | Crescent Real Estate LLC | $398.8M |
| West Street Real Estate Investment Partners, L.P. | Goldman Sachs Asset Management, L.P. | $397.3M |
| Greystar Global Strategic Partners I (US REIT Assets), LP | Greystar Investment Group, LLC | $397.3M |
| Innovation Topco LP | Blackstone Property Advisors L.P. | $397M |
| Beckett Co-Invest Scsp | Starwood Capital Group Management, L.L.C. | $396.7M |
| Japan Re Investments 5 PTE Ltd | Gordian Capital Singapore Private Limited | $395.6M |
| Greenoak Europe Secured Lending II Slp | Bgo US Real Estate LP | $395M |
| Peachtree Credit Fund IV Q, L.P. | Df Investment Manager, LLC | $394.2M |
| Stepstone Real Estate Europe Co-Investments Holdings, LP | Stepstone Group Real Estate LP | $393.1M |
| Harbert Seniors Housing Fund II, LP | Harbert Fund Advisors, LLC | $392.9M |
| Sterling United Properties I, LP | Sterling Investment Management, LLC | $392.7M |
| Molpus Woodlands Fund IV, LP | The Molpus Woodlands Group, LLC | $392.6M |
| Bridge Logistics Value Fund II International-R LP | Bridge Multifamily Fund Manager LLC | $392.4M |
| Driftwood Acquisitions Partners, LP | Driftwood Advisors, LLC | $392.3M |
| Gem Realty Fund V, L.P. | Gem Capital, L.P. | $392.1M |