| Contrarian Distressed Real Estate Debt Fund IV, L.P. | Contrarian Capital Management LLC | $199.8M |
| Stepstone Hb Opportunities Fund II, L.P. | Stepstone Group Real Estate LP | $199.7M |
| Kayne Anderson Real Estate Debt Europe, L.P. | Kayne Anderson Capital Advisors, L.P. | $198.6M |
| Gs Gepe II Sidecar I LP | Greystar Investment Group, LLC | $198.5M |
| Vanbarton Vtc Fund I LLC | Vanbarton Group LLC | $197.3M |
| Ascendant Capital International Fund II LP | Ascendant Capital Partners LP | $196.8M |
| Kamob Investors III, L.P. | Kayne Anderson Capital Advisors, L.P. | $196.7M |
| Jadian Real Estate Fund I-A, LP | Jadian Capital, LP | $195.6M |
| Vila Multifamily Partners Ib, LLC | Vila, LLC | $195.5M |
| CV Qoz Partners B, LP | Clarion Partners, LLC | $195.4M |
| Artistic Steps Investments Sma II, LLC | Stepstone Group Real Estate LP | $195.1M |
| Bgo Cold Storage Holding II, LP | Bgo US Real Estate LP | $194.7M |
| A&e Real Estate Finance, LLC | Aeref Management, LLC | $194.5M |
| Sre IV Ignite Investco (civ), LP | Stepstone Group Real Estate LP | $194.2M |
| Greenoak US Parallel Iii-F, LP | Bgo US Real Estate LP | $194M |
| 021 Investments Fund I Parallel Fund (cayman) LP | Krf Capital LLC | $194M |
| Jt Idb Investors, L.P. | Jamestown, L.P. | $193.8M |
| Staysail 20 LLC | The Bollard Group LLC | $193.8M |
| Ap Newbury Street, LP | Asana Partners, LP | $193.7M |
| Sculptor Real Estate Parallel Fund IV D Co-Investments, LP | Sculptor Capital LP | $193.6M |
| Tishman Speyer Maple Leaf Partners II, L.P. | Tishman Speyer Properties, L.P. | $193.6M |
| Woodbourne Canada Partners III (ca), LP | Woodbourne Capital Management International LP | $193.3M |
| Bgo Secondaries Fund III Parallel, LP | Bentallgreenoak Strategic Capital Partners LLC | $193.1M |
| Terracap Partners IV (institutional) LP | Terracap Management LLC | $193.1M |
| Linchris Special Opportunity Fund III, L.P. | Linchris Capital Management, LLC | $193M |
| Maxim Income Opportunity Fund III, L.P. | Maxim Capital Group, LLC | $193M |
| Redwood-Kairos Real Estate Value Fund VIII, LP | Kairos Investment Management Company, LLC | $192.7M |
| Japan Development Partners IV Parallel LP | Ares Management LLC | $192.6M |
| Karep VII Reoc, LLC | Kayne Anderson Capital Advisors, L.P. | $192.6M |
| Agre Mhc Coinvest L.P. | Apollo Capital Management, L.P. | $192.5M |
| Acore Capital Special Situations, LP | Acore Capital, LP | $192.2M |
| Northwood 5+b Coinvest Partners LP | Northwood Investors LLC | $192M |
| Blackstone Property Partners Europe - Nr L.P. | Blackstone Property Advisors L.P. | $191.5M |
| Epicentre Co-Investment 1, L.P. | Msref Real Estate Advisor, Inc. | $191.3M |
| Epicentre Co-Investment, L.P. | Msref Real Estate Advisor, Inc. | $191.2M |
| Nnn Opportunities Fund, L.P. | Apollo Capital Management, L.P. | $191.1M |
| Prime Electric, LLC | Prime Finance Advisor, L.P. | $191.1M |
| Centersquare Value-Added Fund V. L.P. | Centersquare Investment Management LLC | $191M |
| Bsrep IV Lavender Co-Invest a L.P. | Brookfield Asset Management Pic US, LLC | $190.8M |
| Cloud Capital Fund II LP | Cloud Capital Advisors LLC | $190.7M |
| Ac Pe Partners III LP | Affinius Capital Advisors LLC | $190.3M |
| Ullico Value-Add Real Estate Fund I, L.P. | Ullico Investment Advisors, Inc. | $190.2M |
| Rockwood Non-Us Income and Credit Partners III, LP | Rockwood Capital, LLC | $190.2M |
| Makarora Real Estate Special Situations Fund I-C LP | Makarora Management LP | $190.1M |
| Sds Supportive Housing Fund, LP | Sds Real Estate Advisors | $190.1M |
| Square Mile Media Co-Investment LP | Affinius Capital Advisors LLC | $189.9M |
| Molpus Woodlands Fund VI Co-Invest #1, LP | The Molpus Woodlands Group, LLC | $188.9M |
| Gre-Harbor 22 Funding, LLC | Guggenheim Partners Investment Management, LLC | $188.8M |
| Gcp Fund IV REIT, LLC | Gcp Investment Advisor, LLC | $188.2M |
| Woodbourne Canada Partners IV (ca), LP | Woodbourne Capital Management International LP | $188.1M |