| PGIM Real Estate Mvp Administradora V S de Rl de CV | PGIM, Inc. | $564.1M |
| Tpg Real Estate Partners III (a), L.P. | Tpg Real Estate Advisors, LLC | $560.8M |
| McR Texas LLC | McR Fund Management LLC | $559.5M |
| Stockbridge U.S. Sfr Investor, LP | Stockbridge Capital Group, LLC | $558.9M |
| West Street European Logistics Partners, Slp | Goldman Sachs Asset Management, L.P. | $558.8M |
| Dw-Or Partners II, LP | Divco West Real Estate Services, LLC | $556.5M |
| Acore Credit IV, LP | Acore Capital, LP | $555.8M |
| Blackstone Real Estate Debt Strategies IV - C L.P. | Blackstone Real Estate Special Situations Advisors L.L.C. | $553.7M |
| Prg Multifamily Strategic Value Fund II, LLC | Phoenix Realty Group LLC | $553.6M |
| Tpg Real Estate Thematic Advantage Core-Plus JV I, L.P. | Tpg Real Estate Advisors, LLC | $553M |
| Taconic Cre Dislocation Onshore Fund III LP | Taconic Capital Advisors L.P. | $552.2M |
| Eightfold Real Estate Capital Fund V, L.P. | Eightfold Real Estate Capital, L.P. | $552M |
| Bridge Multifamily Fund IV International LP | Bridge Multifamily Fund Manager LLC | $551.1M |
| Hcp Studio Fund, LP | Hackman Capital Partners, LLC | $549.9M |
| Sand Hill Collection JV, LP | Divco West Real Estate Services, LLC | $549.7M |
| Bridge Multifamily CV LP | Bridge Multifamily Fund Manager LLC | $549.2M |
| H.i.g. Europe Realty Partners III, Scsp | H.i.g. Capital, LLC | $547.6M |
| Greystar Equity Partners XI (892), LP | Greystar Investment Group, LLC | $547.4M |
| Brookfield Strategic Real Estate Partners V-B L.P | Brookfield Asset Management Pic US, LLC | $546.2M |
| Three Premier Shd, LP | Affinius Capital Advisors LLC | $545.8M |
| PGIM Real Estate Pan European Real Estate Fund II S.c.sp Sicav-Sif | PGIM Luxembourg S.A. | $545.4M |
| Nuveen Cpace Lending Fund II LP | Nuveen Alternatives Advisors LLC | $545.4M |
| Fairfield Affordable Housing Preservation Fund LP | Fairfield Realty Advisors LLC | $544.8M |
| Bdt & Msd Real Estate Senior Lending Partners, L.P. | Msd Partners, L.P. | $542.9M |
| Brasa Real Estate Fund II, L.P. | Brasa Capital Management, LP | $540.2M |
| Vbg Special Situations Fund LLC | Vanbarton Group LLC | $538.7M |
| Heitman Real Estate Debt Partners II, L.P. | Heitman Capital Management LLC | $538.3M |
| Blackstone Real Estate Partners (supplemental Account) C L.P. | Blackstone Real Estate Advisors L.P. | $537.8M |
| Sre Opportunity Fund III, L.P. | Singerman Real Estate Management Company, L.P. | $536.8M |
| Manulife U.S. Real Estate Fund | Manulife Investment Management Private Markets (US) LLC | $536.7M |
| Green Cities IV, LP | Green Cities Investment Management, LLC | $535.4M |
| Brookfield Opportunity Zone Partners REIT LLC | Brookfield Asset Management Pic US, LLC | $535.4M |
| Cp Venture II, LP | Columbia Pacific Advisors, LLC | $535.2M |
| GP Invitation Fund II, LP | Crescent Real Estate LLC | $535.1M |
| Square Mile Credit Partners II LP | Affinius Capital Advisors LLC | $534.3M |
| Rockpoint Sc Holdings Parallel, L.P. | Rockpoint Group, L.L.C. | $531.7M |
| Cheyne Real Estate Credit Holdings (crech) VIII - Senior Loan Fund | Cheyne Capital Management (UK) LLP | $529.3M |
| GP Invitation Fund III, LP | Crescent Real Estate LLC | $529.2M |
| Pearlmark Equity Partners II, L.P. | Prep Investment Advisers, L.L.C. | $527.6M |
| Prime Finance Long Duration (b-Piece) III, L.P. | Prime Finance Advisor, L.P. | $527.4M |
| Starwood Opportunity Fund X U.s., L.P | Starwood Capital Group Management, L.L.C. | $527.3M |
| Bsrep III Antlia Co-Invest L.P. | Brookfield Asset Management Pic US, LLC | $526.5M |
| Bridge Logistics Value Fund II International Master LP | Bridge Multifamily Fund Manager LLC | $526.4M |
| Redding Ridge Investments LLC | Apollo Capital Management, L.P. | $526.4M |
| Realterm Logistics Income Qfpf Fund, LP | Realterm Transportation LLC | $525.6M |
| Dalfen Last Mile Industrial Fund V, LP | Di Investment Management LP | $525.4M |
| Blue Owl Digital Infrastructure Fund Iii-A (cayman Aiv) LP | Blue Owl Real Estate Capital LLC | $525.4M |
| Tpg Real Estate Thematic Advantage Core-Plus JV (ii), L.P. | Tpg Real Estate Advisors, LLC | $523M |
| Fairfield U.S. Multifamily Value Add Fund IV L.P. | Fairfield Realty Advisors LLC | $522.5M |
| Gti 10 Investments Acquisition Company Limited | Global Forest Partners LP | $522M |