GEM Realty Advisors, L.L.C

GEM Realty Advisors, L.L.C as of Sept. 30, 2011

Portfolio Holdings for GEM Realty Advisors, L.L.C

GEM Realty Advisors, L.L.C holds 33 positions in its portfolio as reported in the September 2011 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Macerich Company (MAC) 10.3 $163M 3.8M 42.63
Host Hotels & Resorts (HST) 10.1 $159M 15M 10.94
Ventas (VTR) 8.0 $126M 2.6M 49.40
Simon Property (SPG) 7.9 $126M 1.1M 109.98
Home Depot (HD) 6.0 $95M 2.9M 32.87
AvalonBay Communities (AVB) 5.5 $88M 769k 114.05
NVR (NVR) 5.4 $85M 140k 603.98
D.R. Horton (DHI) 3.8 $61M 6.7M 9.04
Essex Property Trust (ESS) 3.3 $53M 438k 120.04
Post Properties 3.3 $52M 1.5M 34.74
Mack-Cali Realty (VRE) 3.2 $50M 1.9M 26.75
Boston Properties (BXP) 3.1 $48M 544k 89.10
SBA Communications Corporation 2.9 $46M 1.3M 34.48
Sherwin-Williams Company (SHW) 2.3 $37M 498k 74.32
MFA Mortgage Investments 2.2 $36M 5.1M 7.02
Lowe's Companies (LOW) 2.2 $35M 1.8M 19.34
Kilroy Realty Corporation (KRC) 2.0 $32M 1.0M 31.30
Ryland 1.9 $31M 2.9M 10.65
Sunstone Hotel Investors (SHO) 1.8 $29M 5.1M 5.69
Carnival Corporation (CCL) 1.8 $28M 924k 30.30
Macy's (M) 1.7 $27M 1.0M 26.32
Toll Brothers (TOL) 1.5 $24M 1.7M 14.43
American Tower Corporation 1.5 $24M 439k 53.80
Starwood Property Trust (STWD) 1.4 $22M 1.3M 17.16
Hyatt Hotels Corporation (H) 1.4 $22M 692k 31.37
Meritage Homes Corporation (MTH) 1.2 $19M 1.2M 15.14
SL Green Realty 1.0 $16M 279k 58.15
American Capital Agency 1.0 $16M 598k 27.10
Hatteras Financial 0.7 $11M 432k 25.16
Hudson Pacific Properties (HPP) 0.6 $9.6M 826k 11.63
Crexus Investment 0.5 $8.6M 964k 8.88
Terreno Realty Corporation (TRNO) 0.2 $3.2M 250k 12.83
Chesapeake Lodging Trust sh ben int 0.1 $2.2M 180k 12.07