Real Estate Management Services

Real Estate Management Services as of March 31, 2011

Portfolio Holdings for Real Estate Management Services

Real Estate Management Services holds 97 positions in its portfolio as reported in the March 2011 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Kennedy-Wilson Holdings (KW) 3.6 $16M 1.4M 10.86
Cousins Properties 3.4 $15M 1.8M 8.35
Colony Financial 3.1 $14M 719k 18.83
Duke Realty Corporation 3.1 $13M 953k 14.01
Liberty Property Trust 3.0 $13M 403k 32.90
Wyndham Worldwide Corporation 3.0 $13M 414k 31.81
Hersha Hospitality Trust 3.0 $13M 2.2M 5.94
Apartment Investment and Management 2.9 $13M 496k 25.47
Sun Communities (SUI) 2.9 $13M 354k 35.65
Developers Diversified Realty 2.9 $12M 888k 14.00
Forest City Enterprises 2.8 $12M 639k 18.83
Kite Realty Group Trust 2.8 $12M 2.3M 5.31
CBL & Associates Properties 2.7 $12M 677k 17.42
Weingarten Realty Investors 2.7 $12M 470k 25.06
Cohen & Steers (CNS) 2.7 $12M 393k 29.68
Gaylord Entertainment Company 2.6 $12M 333k 34.68
Colonial Properties Trust 2.6 $11M 591k 19.25
Alexandria Real Estate Equities (ARE) 2.4 $11M 137k 77.97
Ramco-Gershenson Properties Trust 2.4 $11M 846k 12.53
Brookfield Ppty Corp Cad 2.4 $10M 590k 17.72
BioMed Realty Trust 2.3 $10M 536k 19.02
CB Richard Ellis 2.2 $9.8M 367k 26.70
Newcastle Investment 2.2 $9.7M 1.6M 6.04
Camden Property Trust (CPT) 2.1 $9.2M 162k 56.82
Lennar Corporation (LEN) 2.0 $8.9M 492k 18.12
Cogdell Spencer 2.0 $8.6M 1.5M 5.94
Allied Properties Reit 2.0 $8.6M 379k 22.67
Crexus Investment 1.8 $7.7M 674k 11.42
Mission West Properties 1.7 $7.5M 1.1M 6.54
Starwood Property Trust (STWD) 1.7 $7.3M 326k 22.30
Post Properties 1.7 $7.3M 185k 39.25
HFF 1.3 $5.8M 389k 15.04
Brandywine Realty Trust (BDN) 1.3 $5.8M 476k 12.14
Northstar Realty Finance 1.2 $5.3M 995k 5.35
iShares Dow Jones US Real Estate (IYR) 1.1 $5.0M 84k 59.40
Glimcher Realty Trust (GRTPRG) 1.1 $4.9M 195k 24.93
DuPont Fabros Technology 0.9 $3.9M 160k 24.25
Northstar Realty Pr B 0.9 $3.7M 167k 22.43
iStar Financial 0.8 $3.7M 404k 9.18
Kite Realty Grp A Prptl P referred 0.8 $3.4M 139k 24.40
Istar Financial Inc p 0.7 $3.0M 147k 20.30
Jones Lang LaSalle Incorporated (JLL) 0.7 $2.9M 29k 99.76
First Indl Rlty Tr Pfd 7.25% p 0.7 $2.9M 126k 22.90
Host Hotels & Resorts (HST) 0.7 $2.8M 161k 17.61
Mack-Cali Realty (VRE) 0.6 $2.8M 81k 33.90
Kimco Realty Corporation (KIM) 0.6 $2.7M 147k 18.34
Equity Lifestyle Pfd A p 0.6 $2.6M 104k 24.80
Lexington Realty Trust 7.55% S p 0.5 $2.4M 100k 23.62
Hudson Pacific Properties P 0.4 $1.8M 71k 25.29
Simon Property (SPG) 0.4 $1.6M 15k 107.18
Chimera Investment Corporation 0.4 $1.6M 399k 3.96
Red Lion Hotels Corporation 0.3 $1.4M 169k 8.20
Mi Devs Inc cl a sub vtg 0.3 $1.2M 41k 28.97
Equity Lifestyle Pfd A p 0.2 $855k 34k 24.84
Healthcare Realty Trust Incorporated 0.2 $726k 32k 22.69
Washington Real Estate Investment Trust (ELME) 0.2 $740k 24k 31.09
Apartment Invest. & Mgt. Pfd. Y p 0.2 $750k 30k 25.00
HCP (HCPPRF) 0.2 $735k 30k 24.92
Weingarten Rlty Invs Pfd F 6.5 0.2 $737k 31k 23.77
Duke Realty Corp p 0.2 $723k 31k 23.40
Bre Properties Inc Pfd C 6.75% 0.2 $688k 28k 24.40
Ps Business Parks Inc 7% Pfd H 0.2 $713k 29k 24.93
Udr Inc Pfd G 6.75% 0.2 $711k 28k 25.30
Health Care REIT 0.1 $640k 12k 52.46
Home Properties 0.1 $672k 11k 58.95
Equity Residential Pfd 1/10 Se 0.1 $668k 26k 25.30
Kimco Realty Corp Pfd 1/10 F 6 0.1 $670k 27k 24.63
Sl Green Realty 7.625% Pfd C 0.1 $642k 26k 25.08
Cbl & Associates Inc. 7.75% Pfd C p 0.1 $638k 26k 24.91
Plum Creek Timber 0.1 $602k 14k 43.62
Biomed Realty Tr Pfd A p 0.1 $547k 21k 25.56
ProLogis (PLDPRG) 0.1 $503k 21k 23.95
Kilroy Realty Pfd F 7.50% 0.1 $543k 22k 25.14
Cousins Property Pr B 0.1 $484k 20k 24.82
National Retail Pr C 0.1 $485k 19k 25.26
Taubman Centers Pr H 0.1 $489k 20k 25.08
Cousins Properties (CUZPRA) 0.1 $434k 17k 25.09
Lasalle Hotel Pptys Pfd D 7.5% 0.1 $424k 17k 24.39
Realty Income (O-E) 0.1 $451k 18k 25.48
Northstar Realty Pr B 0.1 $451k 20k 22.44
Vornado Realty Trust 0.1 $400k 16k 24.69
Cbl & Assoc Pptys Inc Pfd 1/10 0.1 $408k 17k 24.29
Health Care REIT (HCNPRF) 0.1 $373k 15k 25.55
Regency Centers Pfd D 7.25% 0.1 $395k 16k 24.84
Regency Centers Pfd E 6.7% 0.1 $403k 17k 24.42
Vornado Realty Trust Pfd G 6.6 0.1 $385k 16k 24.21
Lasalle Hotel Pr G 0.1 $355k 15k 23.83
First Industrial Realty Trust (FR) 0.1 $300k 25k 11.90
Amb Property Pfd M 6.75% 0.1 $286k 12k 24.44
Amb Property Pr L 0.1 $294k 12k 24.92
Duke Realty Pr O 0.1 $316k 12k 26.78
Prologis Trust 6.75% p 0.1 $260k 11k 23.64
Corp. Office Properties 0.1 $235k 9.4k 25.00
MGM Resorts International. (MGM) 0.0 $142k 11k 13.15
Brookfield Homes Corporation (BHS) 0.0 $148k 16k 9.43
Arbor Realty Trust (ABR) 0.0 $137k 24k 5.68
Excel Trust 0.0 $139k 12k 11.78