| Rank |
Company |
Revenue
($ millions) |
Assets |
| # 1 |
Weyerhaeuser Company |
10,201 |
17,652 |
| # 2 |
AMERICAN TOWER CORP /MA/ |
9,357 |
69,888 |
| # 3 |
Equinix, Inc. |
6,636 |
27,919 |
| # 4 |
Crown Castle International Corporation |
6,340 |
39,040 |
| # 5 |
Simon Property Group, Inc. |
5,117 |
33,777 |
| # 6 |
Prologis, Inc. |
4,759 |
58,486 |
| # 7 |
Welltower Inc. |
4,742 |
34,910 |
| # 8 |
Iron Mountain Incorporated |
4,492 |
14,450 |
| # 9 |
Digital Realty Trust, Inc. |
4,428 |
36,370 |
| # 10 |
Ventas, Inc. |
3,828 |
24,718 |
| # 11 |
BLACKSTONE REAL ESTATE INCOME TRUST, INC. |
3,697 |
91,308 |
| # 12 |
New Residential Investment Corp. |
3,622 |
39,742 |
| # 13 |
Public Storage |
3,416 |
17,381 |
| # 14 |
Franchise Group, Inc. |
3,255 |
3,913 |
| # 15 |
Host Hotels |
2,890 |
12,352 |
| # 16 |
Boston Properties, Inc. |
2,889 |
22,365 |
| # 17 |
Americold Realty Trust |
2,715 |
8,216 |
| # 18 |
Equity Residential |
2,464 |
21,169 |
| # 19 |
SBA Communications Corporation |
2,309 |
9,802 |
| # 20 |
Alexandria Real Estate Equities, Inc. |
2,297 |
30,219 |
| # 21 |
AvalonBay Communities, Inc. |
2,295 |
19,902 |
| # 22 |
Sun Communities, Inc. |
2,273 |
13,494 |
| # 23 |
Realty Income Corporation |
2,080 |
43,138 |
| # 24 |
Infrastructure and Energy Alternatives, Inc. |
2,078 |
900 |
| # 25 |
Annaly Capital Management Inc |
1,983 |
76,764 |
| # 26 |
Healthpeak Properties, Inc. |
1,896 |
15,258 |
| # 27 |
CoreCivic, Inc. |
1,863 |
3,499 |
| # 28 |
Lamar Advertising Company |
1,787 |
6,047 |
| # 29 |
Mid-America Apartment Communities, Inc. |
1,778 |
11,285 |
| # 30 |
Vornado Realty Trust |
1,589 |
17,267 |
| # 31 |
Extra Space Storage Inc |
1,577 |
10,474 |
| # 32 |
Medical Properties Trust, Inc. |
1,545 |
20,520 |
| # 33 |
VICI Properties Inc. |
1,510 |
17,597 |
| # 34 |
Service Properties Trust |
1,496 |
9,153 |
| # 35 |
SSR MINING INC. |
1,474 |
5,211 |
| # 36 |
OUTFRONT Media Inc. |
1,464 |
5,925 |
| # 37 |
Essex Property Trust, Inc. |
1,441 |
12,998 |
| # 38 |
Howard Hughes Corporation (The) |
1,428 |
9,582 |
| # 39 |
Diversified Healthcare Trust |
1,383 |
6,624 |
| # 40 |
Kimco Realty Corporation |
1,365 |
18,459 |
| # 41 |
PotlatchDeltic Corporation |
1,337 |
2,535 |
| # 42 |
W. P. Carey Inc. |
1,332 |
15,481 |
| # 43 |
UDR, Inc. |
1,291 |
10,775 |
| # 44 |
Equity Lifestyle Properties, Inc. |
1,272 |
5,308 |
| # 45 |
Dolby Laboratories |
1,243 |
3,105 |
| # 46 |
Gaming and Leisure Properties, Inc. |
1,216 |
10,690 |
| # 47 |
CyrusOne Inc |
1,206 |
7,452 |
| # 48 |
STARWOOD PROPERTY TRUST, INC. |
1,170 |
83,850 |
| # 49 |
Regency Centers Corporation |
1,166 |
10,793 |
| # 50 |
Brixmor Property Group Inc. |
1,152 |
8,377 |
| # 51 |
Camden Property Trust |
1,144 |
7,977 |
| # 52 |
AMERICAN HEALTHCARE REIT, INC. |
1,124 |
4,580 |
| # 53 |
Digital Turbine, Inc. |
1,113 |
1,473 |
| # 54 |
Rayonier Inc. |
1,110 |
3,636 |
| # 55 |
Duke Realty Corporation |
1,106 |
10,446 |
| # 56 |
Uniti Group Inc. |
1,101 |
4,809 |
| # 57 |
Mason Industrial Technology, Inc. |
1,070 |
502 |
| # 58 |
Omega Healthcare Investors, Inc. |
1,063 |
9,638 |
| # 59 |
DigitalBridge Group, Inc. |
966 |
14,198 |
| # 60 |
Kilroy Realty Corporation |
955 |
10,583 |
| # 61 |
Federal Realty Investment Trust |
951 |
7,622 |
| # 62 |
American Campus Communities Inc |
942 |
7,575 |
| # 63 |
Ryman Hospitality Properties, Inc. |
939 |
3,581 |
| # 64 |
Apple Hospitality REIT, Inc. |
934 |
4,791 |
| # 65 |
Douglas Emmett, Inc. |
918 |
9,354 |
| # 66 |
PennyMac Mortgage Investment Trust |
879 |
13,773 |
| # 67 |
Macerich Company (The) |
847 |
8,346 |
| # 68 |
SL Green Realty Corp |
844 |
11,067 |
| # 69 |
CubeSmart |
823 |
6,548 |
| # 70 |
Ashford Hospitality Trust Inc |
805 |
4,098 |
| # 71 |
Life Storage, Inc. |
789 |
6,557 |
| # 72 |
RLJ Lodging Trust |
786 |
5,149 |
| # 73 |
STORE Capital Corporation |
783 |
9,773 |
| # 74 |
MGM Growth Properties LLC |
782 |
10,431 |
| # 75 |
Highwoods Properties, Inc. |
768 |
5,695 |
| # 76 |
Healthcare Trust of America, Inc. |
767 |
6,890 |
| # 77 |
Cousins Properties Incorporated |
755 |
7,312 |
| # 78 |
Apartment Income REIT Corp. |
741 |
6,440 |
| # 79 |
Pebblebrook Hotel Trust |
733 |
6,261 |
| # 80 |
Paramount Group, Inc. |
727 |
8,495 |
| # 81 |
National Retail Properties |
726 |
7,751 |
| # 82 |
Arbor Realty Trust |
723 |
15,074 |
| # 83 |
Corporate Office Properties Trust |
664 |
4,262 |
| # 84 |
Watermark Lodging Trust, Inc. |
656 |
3,162 |
| # 85 |
STARWOOD REAL ESTATE INCOME TRUST, INC. |
643 |
19,971 |
| # 86 |
JBG SMITH Properties |
634 |
6,386 |
| # 87 |
Empire State Realty Trust, Inc. |
624 |
4,282 |
| # 88 |
Empire State Realty OP, L.P. |
624 |
4,282 |
| # 89 |
National Storage Affiliates Trust |
586 |
5,563 |
| # 90 |
Sabra Health Care REIT, Inc. |
570 |
5,967 |
| # 91 |
Diamondrock Hospitality Company |
567 |
2,965 |
| # 92 |
Stag Industrial, Inc. |
562 |
5,833 |
| # 93 |
Healthcare Realty Trust Incorporated |
535 |
4,259 |
| # 94 |
SITE Centers Corp. |
533 |
3,967 |
| # 95 |
Phillips Edison & Company, Inc. |
533 |
4,669 |
| # 96 |
EPR Properties |
532 |
5,801 |
| # 97 |
Redwood Trust, Inc. |
525 |
14,707 |
| # 98 |
Brandywine Realty Trust |
487 |
3,846 |
| # 99 |
First Industrial Realty Trust, Inc. |
476 |
4,179 |
| # 100 |
Griffin Realty Trust, Inc. |
460 |
5,273 |