Instuitional Investor - Starwood Capital Group Management, L.l.c.

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Camden Property Trust	CPT	695,729	$79,654,013	37.2%
2.	First Industrial Realty Trust Inc	FR	581,012	$35,621,845	16.63%
3.	Mid America Apartment Communities Inc.	MAA	219,407	$30,484,408	14.24%
4.	Nexpoint Residential Trust Inc.	NXRT	989,419	$27,624,578	12.9%
5.	Equity Residential	EQR	388,438	$26,386,593	12.32%