| Pennybacker Evergreen Partners, LP | Pennybacker Capital Management, LLC | $256.7M |
| Gorelux II Scsp, Sicav-Raif - Pccp | Pccp, LLC | $256.2M |
| Ares Cip US Real Estate Opportunity Partners a, L.P. | Ares Management LLC | $256.1M |
| Tishman Speyer European Real Estate Venture VIII Scsp | Tishman Speyer Properties, L.P. | $256M |
| Bridge Single Family Rental Fund IV LP | Bridge Multifamily Fund Manager LLC | $255.5M |
| Newport Capital Partners Fund III, LP | Newport Investment Management, LLC | $255.1M |
| Linchris Capital Opportunity REIT Fund II LP | Linchris Capital Management, LLC | $255M |
| Seredf II T L.P. | Starwood Capital Group Management, L.L.C. | $254.4M |
| Gcm Grosvenor Nj Re Emerging Manager Program, LP | Gcm Grosvenor L.P. | $253.8M |
| Pomokaira, Scsp Sicav-Raif - Co-Invest Compartment | Apollo Capital Management, L.P. | $253.6M |
| Sand Hill Commons Venture, LP | Divco West Real Estate Services, LLC | $253.5M |
| Bayview Market Square LP | J.P. Morgan Investment Management Inc. | $253.3M |
| 3650 T Bed 5 Investco 2 LP | 3650 REIT Investment Management LLC | $253.3M |
| Sylvanus LLC | Global Forest Partners LP | $253.1M |
| Third Lake Re Industrial Fund I, LP | Third Lake Partners, LLC | $252.8M |
| MacHine Real Estate Fund I, LP | MacHine Investment Group, LP | $252.2M |
| Jdp V Aggregator LP | Ares Management LLC | $252.1M |
| Related Opportunity Zone Fund II, LP | Related Fund Management, LLC | $252.1M |
| Iconiq Residential Partners Fund a, L.P. | Iconiq Capital, LLC | $252.1M |
| Bsrep Co-Invest (cas) L.P. | Brookfield Asset Management Pic US, LLC | $251.2M |
| West Street Real Estate Credit Partners (q) Slp | Goldman Sachs Asset Management, L.P. | $250.9M |
| Square Mile Pe Partners LP | Affinius Capital Advisors LLC | $250.5M |
| West Street Real Estate Credit Partners (q) Feeder Slp | Goldman Sachs Asset Management, L.P. | $250.5M |
| H.i.g. Erp III Co-Investment Sma (dhow), L.P. | H.i.g. Capital, LLC | $250.3M |
| Grove Aurelis II, L.P. | Alpine Grove Partners LLP | $250.1M |
| 3650 Mrei Bed Investco LP | 3650 REIT Investment Management LLC | $250.1M |
| West Street Japan Real Estate Partners (t) LP | Goldman Sachs Asset Management, L.P. | $250M |
| Greenoak US II, LP | Bgo US Real Estate LP | $249.8M |
| Sculptor Real Estate Parallel Fund IV F Co-Investments, LP | Sculptor Capital LP | $249.4M |
| Blackstone Property Partners Europe - Nr Co-Invest 2 L.P. | Blackstone Property Advisors L.P. | $249.3M |
| Grandview II, L.P. | Grandview Property Partners, LLC | $248.8M |
| Ocs-Hs Lot Option Joint Venture II, LLC | Hearthstone Inc., a California Corporation | $248.3M |
| Alliancebernstein U.S. Real Estate Partners (aiv 1) L.P. | Alliancebernstein L.P. | $248M |
| Starwood Distressed Opportunity Fund IX Global, L.P. | Starwood Capital Group Management, L.L.C. | $248M |
| Shorenstein Realty Investors Fourteen-A, L.P. | Shorenstein Investment Advisers LLC | $247.4M |
| Fillmore Micro-Core Properties, LLC | Fillmore Capital Partners, LLC | $247.1M |
| Valstone Opportunity Fund VI Aiv-I, LLC | Valstone Partners VI, LLC | $247.1M |
| Starwood Real Estate Debt Strategies U.S. K Sma, L.P. | Starwood Capital Group Management, L.L.C. | $246.9M |
| Starwood Real Estate Debt Strategies U.s., L.P. | Starwood Capital Group Management, L.L.C. | $246.8M |
| Lraf Holdings VIII Yeti, L.P. | Ares Management LLC | $246.4M |
| Milestone Real Estate Investors IV, LP | The Milestone Real Estate Group, LP | $245.9M |
| Nicholas Street Real Estate Investors, L.P. | M-One Capital Management, LLC | $245.6M |
| Edge Principal Investments IV Pv, L.P. | Edge Principal Advisors, LLC | $245.6M |
| Bridge Multifamily IV Australian Feeder (usd) LP | Bridge Multifamily Fund Manager LLC | $245.5M |
| Jamestown 32 L.P. & Co. Geschlossene Investment Kg | Jamestown, L.P. | $245.4M |
| Fia Timber Growth and Value Partners, L.P. | Forest Investment Associates L.P. | $245.2M |
| Square Mile Pe Partners a LP | Affinius Capital Advisors LLC | $245.1M |
| FCP Realty Fund Vi-A, L.P. | FCP Fund Manager, L.P. | $243.6M |
| Stafford Elm L.P. | Stafford Capital Partners Limited | $242.6M |
| Seminole Mortgage Trust | Seminole Advisory Services, LLC | $242.5M |