| Colt Coinvestors LP | Equus Capital Partners, Ltd. | $227.3M |
| Bdt & Msd Real Estate Capital Partners, L.P. | Msd Partners, L.P. | $226.9M |
| Artemis Real Estate Partners Income and Growth Sidecar Fund, L.P. | Artemis Real Estate Partners, LLC | $226.4M |
| Bridge Logistics Value Fund II International LP | Bridge Multifamily Fund Manager LLC | $225.6M |
| Parkcal II, LLC | J.P. Morgan Investment Management Inc. | $225.4M |
| Divcowest Fund Vi-C, LP | Divco West Real Estate Services, LLC | $225.2M |
| Corporate Properties Trust II, LP | Transwestern Investment Management, LLC | $224M |
| Praedium X-A Middle-Income Housing Fund, L.P. | The Praedium Group LLC | $223.8M |
| Varo Coinvestment, L.P. | Carlyle Investment Management L.L.C. | $223.8M |
| Pantheon Real Estate Solutions Fund I, L.P. | Pantheon Ventures (US) LP | $223.4M |
| Banner Oak Investment Fund, LP | Banner Oak Capital Partners, LP | $223.4M |
| Crep Metropolis Lender L.L.C. | Cirrus Real Estate Partners LP | $223M |
| Wnc Preservation Equity Fund 2, L.P. | Preservation Equity Fund Advisors, LLC | $222.7M |
| Gpif 2100 McKinney Partners LP | Crescent Real Estate LLC | $222.4M |
| Glp Brazil Income Partners I | Ares Management LLC | $221.6M |
| Starwood Real Estate Debt Strategies U.S. Sma (q), L.P. | Starwood Capital Group Management, L.L.C. | $221.1M |
| Eqt Exeter China Logistics Fund S.c.sp. | Eqt Real Estate, LLC | $221.1M |
| Griffis Premium Apartment Fund V (inst), LP | Griffis Residential Investment Advisor | $221M |
| Crossfire JV, L.P. | Tishman Speyer Properties, L.P. | $220.7M |
| Realterm Europe Logistics Fund II, Scsp | Realterm Transportation LLC | $220.4M |
| Gtis US Residential Strategies Secondary Fund LP | Gtis Partners LP | $220.3M |
| Corten Real Estate Fund II LP | Corten Real Estate Management LLC | $220.2M |
| Arc Capital Partners Fund II LP | Arc Capital Partners LLC | $220M |
| Vanbarton - US Strategic Venture L.P. | Vanbarton Group LLC | $220M |
| W-Express Co-Invest Non-Us LP | Wafra Inc. | $219.9M |
| Caro Real Estate Credit Fund, LP | Caro Investors Management, LLC | $219.7M |
| Caprock Partners Value-Add Industrial Fund III, L.P. | Caprock Partners Management, Inc. | $219.7M |
| Fidelity Real Estate Debt Opportunities Fund II LP | Fidelity Diversifying Solutions LLC | $219.2M |
| Invictus Opportunity Offshore Fund III, L.P. | Invictus Capital Management, LP | $218.5M |
| Portfolio Advisors Real Estate Fund VII, L.P. | Portfolio Advisors LLC | $217.4M |
| Atlas Co-Investment, L.P. | Proprium Capital Partners, L.P. | $216.6M |
| Palatine Real Estate Fund III, LP | Palatine Fund Advisors, LLC | $216.1M |
| Prg Multifamily Value Added Fund III, LP | Phoenix Realty Group LLC | $215.9M |
| Bgo Strategic Capital Partners Global Fund Iv-F, L.P. | Bentallgreenoak Strategic Capital Partners LLC | $215.7M |
| Two Sigma Real Estate Mf Vertical Fund, LP | Two Sigma Real Estate, LP | $215.6M |
| Kkr Real Estate Partners Europe II (eur) UK REIT Aiv LP | Kohlberg Kravis Roberts & Co. L.P. | $215M |
| Brookfield Insurance Dedicated Fund III Series Interests of the Sali Multi-Series Fund, L.P. | Sali Fund Management, LLC | $214.7M |
| Lasalle Investors Real Estate Capital Global Co-Investment Fund, L.P. | Lasalle Investment Management, Inc. | $214.6M |
| Bentallgreenoak Europe Secured Lending IV LP | Bgo US Real Estate LP | $214.6M |
| Lubert-Adler Workforce Housing Fund Ii-Mb, L.P. | Lubert-Adler Management Company, L.P. | $214.5M |
| Griffis Premium Apartment Fund VI (inst), L.P. | Griffis Residential Investment Advisor | $214.4M |
| Waterton Residential Property Venture XIII Parallel Fund, L.P. | Waterton Investment Adviser, L.L.C. | $214.4M |
| Emet Municipal Real Estate Strategy III, LP | Emet Capital Management, LLC | $214.2M |
| Elmtree U.S. Net Lease Fund V-B, LP | Elmtree Funds, LLC | $214M |
| Bridge Seniors Housing & Medical Properties Co-Investment Fund II LP | Bridge Multifamily Fund Manager LLC | $213.8M |
| Roof Topco 2024 LP | Blackstone Property Advisors L.P. | $213.4M |
| Woodbourne Canada Partners V (ca), LP | Woodbourne Capital Management International LP | $212.8M |
| Rockwood Capital Non-Us Real Estate Partners Fund XII, LP | Rockwood Capital, LLC | $212.8M |
| Conservation Forestry Capital III, L.P. | Conservation Resource Partners, LLC | $212.6M |
| Bc Co-Invest Paragon Park Lot 3b, LP | Black Chamber Partners, LLC | $212.2M |