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 551,645 2,299 SH SOLE 2,299 0 0
AH RLTY TR INC COM 04208T108 942,298 154,475 SH SOLE 154,475 0 0
ALEXANDRIA REAL ESTATE EQ IN COM 015271109 4,594,570 96,809 SH SOLE 96,809 0 0
ALLY FINL INC COM 02005N100 821,903 21,848 SH SOLE 21,848 0 0
ALPHABET INC CAP STK CL A 02079K305 495,032 1,439 SH SOLE 1,439 0 0
ALPHABET INC CAP STK CL C 02079K107 2,540,649 7,456 SH SOLE 7,456 0 0
ALPS ETF TR ALERIAN MLP 00162Q452 3,867,687 74,565 SH SOLE 74,565 0 0
AMAZON COM INC COM 023135106 2,440,654 9,796 SH SOLE 9,796 0 0
APA CORPORATION COM 03743Q108 399,116 9,608 SH SOLE 9,608 0 0
APPLE INC COM 037833100 403,674 1,212 SH SOLE 1,212 0 0
ARBOR REALTY TRUST INC COM 038923108 426,186 110,411 SH SOLE 110,411 0 0
ARES CAPITAL CORP COM 04010L103 412,560 21,600 SH SOLE 21,600 0 0
ASSURED GUARANTY LTD COM G0585R106 3,433,447 50,701 SH SOLE 50,701 0 0
AT&T INC COM 00206R102 284,309 11,652 SH SOLE 11,652 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 1,443,176 2,898 SH SOLE 2,898 0 0
BLACKROCK FLOATING RATE INCO COM 09255X100 1,926,191 182,751 SH SOLE 182,751 0 0
BLACKSTONE MORTGAGE TRUST IN COM CL A 09257W100 513,533 44,850 SH SOLE 44,850 0 0
BLACKSTONE SECD LENDING FD COMMON STOCK 09261X102 1,325,495 55,275 SH SOLE 55,275 0 0
BLUE OWL CAPITAL CORPORATION COM 69121K104 4,394,263 418,900 SH SOLE 418,900 0 0
BLUE OWL CAPITAL INC COM CL A 09581B103 2,795,811 307,570 SH SOLE 307,570 0 0
BLUE OWL TECHNOLOGY FIN CORP COMMON STOCK 095924106 1,528,398 155,800 SH SOLE 155,800 0 0
BROOKFIELD CORP CL A LTD VT SH 11271J107 1,432,878 39,300 SH SOLE 39,300 0 0
CAMDEN PPTY TR SH BEN INT 133131102 2,268,923 23,456 SH SOLE 23,456 0 0
CION INVT CORP COM 17259U204 190,362 27,117 SH SOLE 27,117 0 0
COMCAST CORP NEW CL A 20030N101 834,669 38,358 SH SOLE 38,358 0 0
CONAGRA BRANDS INC COM 205887102 200,404 14,911 SH SOLE 14,911 0 0
CRESCENT CAP BDC INC COM 225655109 253,368 27,600 SH SOLE 27,600 0 0
CROWN CASTLE INC COM 22822V101 2,301,505 34,531 SH SOLE 34,531 0 0
DIAGEO PLC SPON ADR NEW 25243Q205 562,649 6,573 SH SOLE 6,573 0 0
DISNEY WALT CO COM 254687106 517,143 4,930 SH SOLE 4,930 0 0
DOW HLDGS INC COM 260557103 523,756 19,018 SH SOLE 19,018 0 0
EAGLE POINT CR CO COM 269808101 42,620 12,318 SH SOLE 12,318 0 0
EASTERLY GOVT PPTYS INC COM SHS 27616P301 1,560,487 67,262 SH SOLE 67,262 0 0
ENERGY TRANSFER L P COM UT LTD PTN 29273V100 423,078 21,400 SH SOLE 21,400 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107 875,228 24,578 SH SOLE 24,578 0 0
ETFIS SER TR I VIRTUS INFRCAP 26923G822 2,264,338 114,650 SH SOLE 114,650 0 0
EXXONMOBIL HOLDINGS CORP COM SHS 30233Q108 438,937 2,697 SH SOLE 2,697 0 0
FISERV INC COM 337738108 710,636 15,729 SH SOLE 15,729 0 0
FS KKR CAP CORP COM 302635206 1,173,187 106,750 SH SOLE 106,750 0 0
GLOBAL NET LEASE INC COM NEW 379378201 175,533 21,251 SH SOLE 21,251 0 0
GLOBAL X FDS GLBL X MLP ETF 37954Y343 984,940 18,500 SH SOLE 18,500 0 0
GOLDMAN SACHS BDC INC SHS 38147U107 696,749 76,650 SH SOLE 76,650 0 0
GOLUB CAP BDC INC COM 38173M102 159,176 12,603 SH SOLE 12,603 0 0
HOME DEPOT INC COM 437076102 251,853 885 SH SOLE 885 0 0
HOWARD HUGHES HOLDINGS INC COM 44267T102 206,136 2,800 SH SOLE 2,800 0 0
INTUIT COM 461202103 245,382 890 SH SOLE 890 0 0
INVESCO EXCH TRADED FD TR II SR LN ETF 46138G508 2,626,182 128,545 SH SOLE 128,545 0 0
ISHARES TR 0-3 MTH TREASURY 46436E718 4,769,740 47,375 SH SOLE 47,375 0 0
ISHARES TR IBOXX HI YD ETF 464288513 881,338 11,415 SH SOLE 11,415 0 0
ISHARES TR IBOXX INV CP ETF 464287242 2,716,966 26,590 SH SOLE 26,590 0 0
JANUS DETROIT STR TR B-BBB CLO ETF 47103U753 16,069,434 340,382 SH SOLE 340,382 0 0
JANUS DETROIT STR TR HENDRSON AAA CL 47103U845 16,825,484 333,376 SH SOLE 333,376 0 0
KAYNE ANDERSON BDC INC COM SHS 48662X105 327,816 26,100 SH SOLE 26,100 0 0
KRAFT HEINZ CO COM 500754106 446,719 19,662 SH SOLE 19,662 0 0
LOCKHEED MARTIN CORP COM 539830109 499,065 980 SH SOLE 980 0 0
LYONDELLBASELL INDUSTRIES NV SHS - A - N53745100 496,426 8,638 SH SOLE 8,638 0 0
MASTERCARD INCORPORATED CL A 57636Q104 745,036 1,351 SH SOLE 1,351 0 0
MCDONALDS CORP COM 580135101 1,196,038 5,179 SH SOLE 5,179 0 0
MERCADOLIBRE INC COM 58733R102 1,256,641 727 SH SOLE 727 0 0
META PLATFORMS INC CL A 30303M102 3,062,596 4,223 SH SOLE 4,223 0 0
MICROSOFT CORP COM 594918104 2,034,383 3,966 SH SOLE 3,966 0 0
MID-AMER APT CMNTYS INC COM 59522J103 3,342,639 28,390 SH SOLE 28,390 0 0
MORGAN STANLEY DIRECT LENDIN COM SHS 61774A103 5,602,734 411,059 SH SOLE 411,059 0 0
NNN REIT INC COM 637417106 2,298,986 55,950 SH SOLE 55,950 0 0
NVIDIA CORPORATION COM 67066G104 244,665 1,071 SH SOLE 1,071 0 0
OAKTREE SPECIALTY LENDING COM 67401P405 1,135,079 95,385 SH SOLE 95,385 0 0
ONEOK INC NEW COM 30609A109 801,964 9,405 SH SOLE 9,405 0 0
PAYPAL HLDGS INC COM 70450Y103 460,135 8,759 SH SOLE 8,759 0 0
PERSHING SQUARE USA LTD COM SHS 71531T105 296,800 8,000 SH SOLE 8,000 0 0
PFIZER INC COM 717081103 693,036 24,300 SH SOLE 24,300 0 0
RAYONIER INC COM 754907103 478,094 26,040 SH SOLE 26,040 0 0
READY CAPITAL CORP COM 75574U101 14,257 12,291 SH SOLE 12,291 0 0
SCHWAB STRATEGIC TR HIGH YIEL BD ETF 808524631 368,504 14,600 SH SOLE 14,600 0 0
SHELL PLC SPON ADS 780259305 226,789 2,386 SH SOLE 2,386 0 0
STELLANTIS N.V SHS N82405106 48,047 11,020 SH SOLE 11,020 0 0
TEXAS PACIFIC LAND CORPORATI COM 88262P102 369,526 1,134 SH SOLE 1,134 0 0
THE CAMPBELLS COMPANY COM 134429109 614,730 31,000 SH SOLE 31,000 0 0
TUHURA BIOSCIENCES INC COM 898920103 21,000 10,000 SH SOLE 10,000 0 0
UDR INC COM 902653104 244,915 7,300 SH SOLE 7,300 0 0
VANGUARD INDEX FDS MRNGSTR SML CP V 922908611 201,458 872 SH SOLE 872 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 1,993,665 43,463 SH SOLE 43,463 0 0
VICI PPTYS INC COM 925652109 6,717,628 292,452 SH SOLE 292,452 0 0
VISA INC COM CL A 92826C839 395,716 1,101 SH SOLE 1,101 0 0
VODAFONE GROUP PLC SPONSORED ADR 92857W308 233,556 14,462 SH SOLE 14,462 0 0
WEYERHAEUSER CO COM NEW 962166104 340,519 17,875 SH SOLE 17,875 0 0
WHIRLPOOL CORP COM 963320106 333,766 10,879 SH SOLE 10,879 0 0
WP CAREY INC COM 92936U109 511,808 7,919 SH SOLE 7,919 0 0