| Harbert European Real Estate Fund V, L.P. | Harbert Fund Advisors, LLC | $358.3M |
| Tgm Apartment Partners II LP | Tgm Associates L.P. | $358.3M |
| Conversant Sfr Parallel Fund LP | Conversant Capital LLC | $358.2M |
| Alidade Capital Fund V, LP | Alidade Capital, LLC | $358.1M |
| Campus Real Estate Partners II, LP | Ca Adviser, LLC | $357.7M |
| Cheyne Real Estate Credit Holdings VI | Cheyne Capital Management (UK) LLP | $357.5M |
| Etgp Aspen Venture, LP | Elmtree Funds, LLC | $357.3M |
| 509 W 34 Pfs JV, L.P. | Tishman Speyer Properties, L.P. | $357.2M |
| Meadow Steinway Co-Investment LP | Meadow Capital Management LLC | $356.2M |
| Roof Topco 2025-2 LP | Blackstone Property Advisors L.P. | $355M |
| Rfm-Dca Pe 2 LLC | Related Fund Management, LLC | $354.8M |
| Brookfield Real Estate Partners (c) L.P. | Brookfield Asset Management Pic US, LLC | $354.6M |
| Arc Capital Partners Fund I LP | Arc Capital Partners LLC | $354.5M |
| U.S. Office Holdings Account II, L.P. | Tishman Speyer Properties, L.P. | $354.2M |
| Greenpoint Tvp Partnership, LP | Greenpoint Group, LP | $353.9M |
| Invesco Global Direct Real Estate Fund FCP - Sif | Invesco Real Estate Management S.à R.l. | $353.5M |
| Ab Commercial Real Estate Debt Fund IV, Sicav-Sif S.c.sp. | Alliancebernstein L.P. | $353.3M |
| Real Estate Alternative Investments Fund III LP | Wafra Inc. | $352.9M |
| Srep V Alpha Investco Blocked (civ), LP | Stepstone Group Real Estate LP | $352.4M |
| European Opportunistic Property Fund V Feeder Raif Sicav-S.a. | JPMorgan Asset Management (UK) Limited | $352.3M |
| Gcm Real Estate Strategic Platform Investments, L.P. | Gcm Grosvenor L.P. | $352.3M |
| Asia Property Fund IV S.A.R.L. Sicav-Sif | BlackRock Asset Management North Asia Limited | $351.5M |
| Starwood Electron Co-Invest L.P. | Starwood Capital Group Management, L.L.C. | $351.2M |
| Stepstone Real Estate Partners IV Europe Scs | Stepstone Group Real Estate LP | $350.2M |
| Ares US Real Estate XI Co-Invest (cp) LP | Ares Management LLC | $350M |
| Blue Owl Digital Infrastructure Fund Iii-C (cayman Aiv) LP | Blue Owl Real Estate Capital LLC | $349.7M |
| Bridge Opportunity Zone Fund VI LP | Bridge Multifamily Fund Manager LLC | $349.5M |
| Paulson Real Estate Master Fund II LLC | Cross Lake Partners LP | $348.3M |
| Lraf Holdings VII Hazel, L.P. | Ares Management LLC | $348M |
| Mip Master Partnership II, LP | Transwestern Investment Management, LLC | $347.6M |
| Bain Capital Real Estate Life Science Fund - a, L.P. | Bain Capital Real Estate, LP | $347.4M |
| Molpus Woodlands Nature Based Solutions Fund VI, LP | The Molpus Woodlands Group, LLC | $347.2M |
| Scale Co-Investment, L.P. | Proprium Capital Partners, L.P. | $346.7M |
| Valstone Healthcare Properties Fund, L.P. | Valstone Partners VI, LLC | $346.7M |
| Trigate Property Partners IV LP | Trigate Management LLC | $346.2M |
| Starwood Distressed Opportunity Fund Ix-1 U.s., L.P. | Starwood Capital Group Management, L.L.C. | $346.2M |
| Brookfield Real Estate Finance Fund V, L.P. | Brookfield Asset Management Pic US, LLC | $345.6M |
| Bgo Enstar Real Estate Offshore Opportunities Fund, L.P. | Bentallgreenoak Strategic Capital Partners LLC | $344.7M |
| Rialto Real Estate Fund IV - Property, LP | Rialto Capital Management, LLC | $344.4M |
| Rockpoint Growth and Income Real Estate Fund III, L.P. | Rockpoint Group, L.L.C. | $344.3M |
| Realterm Europe Logistics Fund, Scsp | Realterm Transportation LLC | $343.7M |
| Kkr Real Estate Partners Europe III (eur) Scsp | Kohlberg Kravis Roberts & Co. L.P. | $343.4M |
| Star Lake Fund IV, LLC | J.P. Morgan Investment Management Inc. | $342.4M |
| Apollo European Principal Finance Fund IV (lux Euro B2), Scsp | Apollo Capital Management, L.P. | $342M |
| Jadian Real Estate Fund Ii-A, LP | Jadian Capital, LP | $341.7M |
| Glp Brazil Development Partners III | Ares Management LLC | $341.6M |
| Metropolitan Real Estate Partners Secondaries Eui-Ii M, L.P. | Bentallgreenoak Strategic Capital Partners LLC | $341M |
| West Street Real Estate Credit Co-Investment Partners (n) LP | Goldman Sachs Asset Management, L.P. | $340.6M |
| Fortress Net Lease Income Fund LP | Fig LLC | $340.4M |
| Bridge Workforce and Affordable Housing Fund-R2 LP | Bridge Multifamily Fund Manager LLC | $340.4M |