The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Expires: July 31, 2015
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ADOBE INC COM 00724F101 421,521 2,056 SH SOLE 2,056 0 0
AH RLTY TR INC COM 04208T108 981,111 138,575 SH SOLE 138,575 0 0
ALEXANDRIA REAL ESTATE EQ IN COM 015271109 4,956,968 93,793 SH SOLE 93,793 0 0
ALLY FINL INC COM 02005N100 1,003,739 21,844 SH SOLE 21,844 0 0
ALPHABET INC CAP STK CL C 02079K107 2,683,276 7,594 SH SOLE 7,594 0 0
ALPHABET INC CAP STK CL A 02079K305 259,451 726 SH SOLE 726 0 0
ALPS ETF TR ALERIAN MLP 00162Q452 3,465,913 66,845 SH SOLE 66,845 0 0
AMAZON COM INC COM 023135106 2,105,571 8,834 SH SOLE 8,834 0 0
APA CORPORATION COM 03743Q108 316,190 9,708 SH SOLE 9,708 0 0
APPLE INC COM 037833100 214,733 742 SH SOLE 742 0 0
ARBOR REALTY TRUST INC COM 038923108 516,500 95,295 SH SOLE 95,295 0 0
ARES CAPITAL CORP COM 04010L103 318,716 17,200 SH SOLE 17,200 0 0
ASSURED GUARANTY LTD COM G0585R106 1,653,350 20,626 SH SOLE 20,626 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 1,159,021 2,316 SH SOLE 2,316 0 0
BLACKROCK FLOATING RATE INCO COM 09255X100 1,816,866 165,320 SH SOLE 165,320 0 0
BLACKSTONE MORTGAGE TRUST IN COM CL A 09257W100 200,010 11,800 SH SOLE 11,800 0 0
BLACKSTONE SECD LENDING FD COMMON STOCK 09261X102 980,408 41,350 SH SOLE 41,350 0 0
BLUE OWL CAPITAL CORPORATION COM 69121K104 3,794,290 349,061 SH SOLE 349,061 0 0
BLUE OWL CAPITAL INC COM CL A 09581B103 2,427,862 277,470 SH SOLE 277,470 0 0
BLUE OWL TECHNOLOGY FIN CORP COMMON STOCK 095924106 839,385 81,100 SH SOLE 81,100 0 0
BROOKFIELD CORP CL A LTD VT SH 11271J107 1,154,189 27,100 SH SOLE 27,100 0 0
CAESARS ENTERTAINMENT INC NE COM 12769G100 660,942 21,900 SH SOLE 21,900 0 0
CAMDEN PPTY TR SH BEN INT 133131102 1,464,757 12,794 SH SOLE 12,794 0 0
CENTENE CORP DEL COM 15135B101 783,118 12,200 SH SOLE 12,200 0 0
CION INVT CORP COM 17259U204 157,696 25,312 SH SOLE 25,312 0 0
COMCAST CORP NEW CL A 20030N101 830,800 33,841 SH SOLE 33,841 0 0
CONAGRA BRANDS INC COM 205887102 180,512 13,411 SH SOLE 13,411 0 0
CRESCENT CAP BDC INC COM 225655109 275,916 25,267 SH SOLE 25,267 0 0
CROWN CASTLE INC COM 22822V101 2,553,568 33,719 SH SOLE 33,719 0 0
DIAGEO PLC SPON ADR NEW 25243Q205 460,819 5,733 SH SOLE 5,733 0 0
DISNEY WALT CO COM 254687106 481,822 5,006 SH SOLE 5,006 0 0
DOW HLDGS INC COM 260557103 503,424 18,400 SH SOLE 18,400 0 0
EAGLE POINT CR CO COM 269808101 43,942 11,812 SH SOLE 11,812 0 0
EASTERLY GOVT PPTYS INC COM SHS 27616P301 1,542,209 61,862 SH SOLE 61,862 0 0
ENERGY TRANSFER L P COM UT LTD PTN 29273V100 514,328 26,900 SH SOLE 26,900 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107 740,245 20,137 SH SOLE 20,137 0 0
ETFIS SER TR I VIRTUS INFRCAP 26923G822 1,772,106 86,150 SH SOLE 86,150 0 0
EXXON MOBIL CORP COM 30231G102 328,948 2,406 SH SOLE 2,406 0 0
FISERV INC COM 337738108 491,726 10,025 SH SOLE 10,025 0 0
FS KKR CAP CORP COM 302635206 1,075,718 102,449 SH SOLE 102,449 0 0
GLOBAL X FDS GLBL X MLP ETF 37954Y343 859,896 16,200 SH SOLE 16,200 0 0
GOLDMAN SACHS BDC INC SHS 38147U107 681,138 71,850 SH SOLE 71,850 0 0
INTEL CORP COM 458140100 209,445 1,500 SH SOLE 1,500 0 0
INVESCO EXCH TRADED FD TR II SR LN ETF 46138G508 2,499,140 122,687 SH SOLE 122,687 0 0
ISHARES TR IBOXX INV CP ETF 464287242 2,645,493 24,255 SH SOLE 24,255 0 0
ISHARES TR 0-3 MTH TREASURY 46436E718 7,192,972 71,451 SH SOLE 71,451 0 0
ISHARES TR IBOXX HI YD ETF 464288513 931,585 11,649 SH SOLE 11,649 0 0
JANUS DETROIT STR TR B-BBB CLO ETF 47103U753 13,718,519 289,726 SH SOLE 289,726 0 0
JANUS DETROIT STR TR HENDRSON AAA CL 47103U845 22,205,868 439,807 SH SOLE 439,807 0 0
KAYNE ANDERSON BDC INC COM SHS 48662X105 270,600 20,000 SH SOLE 20,000 0 0
KRAFT HEINZ CO COM 500754106 442,858 18,749 SH SOLE 18,749 0 0
LOCKHEED MARTIN CORP COM 539830109 206,331 405 SH SOLE 405 0 0
LYONDELLBASELL INDUSTRIES NV SHS - A - N53745100 436,995 8,300 SH SOLE 8,300 0 0
MASTERCARD INCORPORATED CL A 57636Q104 569,069 1,108 SH SOLE 1,108 0 0
MERCADOLIBRE INC COM 58733R102 224,055 132 SH SOLE 132 0 0
META PLATFORMS INC CL A 30303M102 1,348,516 2,394 SH SOLE 2,394 0 0
MICROSOFT CORP COM 594918104 1,031,773 2,766 SH SOLE 2,766 0 0
MID-AMER APT CMNTYS INC COM 59522J103 3,008,746 21,655 SH SOLE 21,655 0 0
MORGAN STANLEY DIRECT LENDIN COM SHS 61774A103 5,190,953 343,317 SH SOLE 343,317 0 0
NNN REIT INC COM 637417106 2,467,253 53,025 SH SOLE 53,025 0 0
OAKTREE SPECIALTY LENDING COM 67401P405 1,098,267 91,982 SH SOLE 91,982 0 0
OCCIDENTAL PETE CORP COM 674599105 781,977 16,100 SH SOLE 16,100 0 0
ONEOK INC NEW COM 682680103 722,906 8,315 SH SOLE 8,315 0 0
PFIZER INC COM 717081103 670,748 27,855 SH SOLE 27,855 0 0
RAYONIER INC COM 754907103 268,979 12,640 SH SOLE 12,640 0 0
SCHWAB STRATEGIC TR HIGH YIEL BD ETF 808524631 392,700 15,000 SH SOLE 15,000 0 0
STELLANTIS N.V SHS N82405106 58,548 10,200 SH SOLE 10,200 0 0
TEXAS PACIFIC LAND CORPORATI COM 88262P102 464,820 1,062 SH SOLE 1,062 0 0
THE CAMPBELLS COMPANY COM 134429109 628,014 28,200 SH SOLE 28,200 0 0
TUHURA BIOSCIENCES INC COM 898920103 23,400 10,000 SH SOLE 10,000 0 0
UDR INC COM 902653104 271,456 6,800 SH SOLE 6,800 0 0
VANGUARD INDEX FDS SM CP VAL ETF 922908611 210,186 865 SH SOLE 865 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 1,752,589 41,393 SH SOLE 41,393 0 0
VICI PPTYS INC COM 925652109 6,399,421 241,033 SH SOLE 241,033 0 0
VISA INC COM CL A 92826C839 264,865 772 SH SOLE 772 0 0
VODAFONE GROUP PLC SPONSORED ADR 92857W308 206,864 15,642 SH SOLE 15,642 0 0
WP CAREY INC COM 92936U109 1,866,687 26,108 SH SOLE 26,108 0 0