| Sovereign's Capital Real Estate Fund II, LP | Sovereign's Capital Management, LLC | $49.8M |
| Canyon Topco LP | Blackstone Property Advisors L.P. | $49.7M |
| Fallingwater Fund, LP | Balbec Capital Management LP | $49.7M |
| Ab Commercial Real Estate Debt Fund, Sicav-Sif S.c.sp. | Alliancebernstein L.P. | $49.7M |
| Em Alpine LLC | Em Advisor, LLC | $49.7M |
| Stepstone Ku Co-Investment Partnership LP | Stepstone Group Real Estate LP | $49.7M |
| Artemis Real Estate Partners Income & Growth Fund II Separate Account, L.P. | Artemis Real Estate Partners, LLC | $49.5M |
| Broadview Real Estate Partners Fund II, LP | Broadview Real Estate Partners, LLC | $49.5M |
| Pgrp 2015 Co-Investment II, L.P. | Pccp, LLC | $49.5M |
| Argentic H3 Holdings LLC | Argentic Investment Management LLC | $49.5M |
| Point Farm Investors, LLC | Taverik Capital, LLC | $49.4M |
| Aj Rcd Fund LLC | Aj Capital Management LLC | $49.4M |
| Rockwood Capital Non-Us Real Estate Partners Fund X, LP | Rockwood Capital, LLC | $49.3M |
| Rxr Vaf III Ex Condo Blocker LLC | Rxr Asset Management LLC | $49.2M |
| Ballentine Private Real Assets Fund, LP | Ballentine Partners, LLC | $49.2M |
| L-A Airport Co-Investor, L.P. | Lubert-Adler Management Company, L.P. | $49.2M |
| Greenpoint Repe Fund I Qfpf, LP | Greenpoint Group, LP | $49.1M |
| Centersquare Sfr Fund V Co-Invest, L.P. | Centersquare Investment Management LLC | $49.1M |
| Ssl Investment Partners II, LP | Crescent Real Estate LLC | $49M |
| Laurel Ranch 216 Investor, LLC | Resmark Equity Partners, LLC | $48.9M |
| Promenade Funding LLC | Guggenheim Partners Investment Management, LLC | $48.9M |
| Alcion Real Estate Partners Fund Iii-A, Limited Partnership | Alcion Ventures, Limited Partnership | $48.7M |
| Ares Real Estate Mexico Cerpi Numero F/6238 Serie B-3 | Ares Management LLC | $48.7M |
| Highvista Strategic Cre Fund LP | Highvista Strategies LLC | $48.6M |
| Evoke Healthcare Real Estate Fund I (hp Iv), LP | Evoke Wealth, LLC | $48.5M |
| Third Lake Re Senior Living Fund I, LP | Third Lake Partners, LLC | $48.5M |
| Ares Hro-C Partners, L.P. | Ares Management LLC | $48.5M |
| Prime Finance Cmbs Opportunities Fund 4 (parallel Entity), L.P. | Prime Finance Advisor, L.P. | $48.3M |
| Ares Oc European Debt Partners II L.P. | Ares Management LLC | $48.2M |
| Southocean Real Estate Partners II, LLC | Southocean Capital Partners, LLC | $48.1M |
| Warespace Jref Ii-A Pov, LP | Jadian Capital, LP | $48.1M |
| Spf Fiv3 (lux) Scsp | J.P. Morgan Investment Management Inc. | $48M |
| Greenfield Land Partners II, LP | Greenfield Partners, LLC | $48M |
| Rref IV - P 53rd St Coinvest, LP | Rialto Capital Management, LLC | $48M |
| Iconiq Strategic Partners V Co-Invest, L.P. Series Rh | Iconiq Capital, LLC | $48M |
| Blackstone Real Estate Partners Vii.te.6 L.P. | Blackstone Real Estate Advisors L.P. | $48M |
| Sre Opportunity Fund IV Select, L.P. | Singerman Real Estate Management Company, L.P. | $47.9M |
| Carlisle Sandpiper Historic Fund I Limited Partnership | Carlisle Tax Credits LLC | $47.9M |
| Greenoak Asia Parallel III, LP | Bgo US Real Estate LP | $47.9M |
| Carlisle Commons Holdings LLC | Broad Reach Retail Partners LLC | $47.7M |
| North Haven Real Estate Fund IX Global-T, L.P. | Msref Real Estate Advisor, Inc. | $47.7M |
| Greenoak Europe Core Plus Logistics Parallel Scsp | Bgo US Real Estate LP | $47.7M |
| Tricon Housing Partners US LP | Tricon Capital GP Inc | $47.6M |
| Gpif 2100 McKinney Investors LP | Crescent Real Estate LLC | $47.6M |
| Blackstone Property Partners Europe Gr - G L.P. | Blackstone Property Advisors L.P. | $47.5M |
| Merced 204 Member LLC | Phoenix Realty Group LLC | $47.5M |
| W-Express Co-Invest US LP | Wafra Inc. | $47.4M |
| Cred III K (cayman) LP | Canyon Partners Real Estate LLC | $47.4M |
| Madison International Real Estate Liquidity Fund VII (intl) II, LP | Madison International Realty Holdings, LLC | $47.4M |
| 1sp Emerging Manager U1 LP | 1 Seed Partners LLC | $47.2M |