| Rank |
Company |
Revenue
($ millions) |
Assets |
| # 1 |
American Tower Corporation (REIT) |
8,042 |
47,234 |
| # 2 |
Weyerhaeuser Company |
7,532 |
16,311 |
| # 3 |
Equinix Inc. |
5,999 |
27,007 |
| # 4 |
Crown Castle Inc. |
5,840 |
38,768 |
| # 5 |
Simon Property Group Inc. |
4,608 |
34,787 |
| # 6 |
Welltower Inc. |
4,606 |
32,484 |
| # 7 |
Prologis Inc. |
4,439 |
56,065 |
| # 8 |
Iron Mountain Incorporated (Delaware) |
4,147 |
14,149 |
| # 9 |
Digital Realty Trust Inc. |
3,904 |
36,076 |
| # 10 |
Ventas Inc. |
3,795 |
23,929 |
| # 11 |
Public Storage |
2,915 |
11,817 |
| # 12 |
Boston Properties Inc. |
2,766 |
22,858 |
| # 13 |
Blackstone Real Estate Income Trust, Inc. |
2,552 |
40,684 |
| # 14 |
AvalonBay Communities Inc. |
2,301 |
19,199 |
| # 15 |
Annaly Capital Management Inc. |
2,230 |
88,455 |
| # 16 |
Franchise Group, Inc. |
2,153 |
1,838 |
| # 17 |
SBA Communications Corporation |
2,083 |
9,158 |
| # 18 |
Americold Realty Trust Inc. |
1,988 |
7,831 |
| # 19 |
Rithm Capital Corp. |
1,947 |
33,252 |
| # 20 |
CoreCivic Inc. |
1,905 |
3,709 |
| # 21 |
Alexandria Real Estate Equities Inc. |
1,902 |
22,828 |
| # 22 |
Infrastructure and Energy Alternatives, Inc. |
1,753 |
729 |
| # 23 |
Mid-America Apartment Communities Inc. |
1,678 |
11,195 |
| # 24 |
Realty Income Corporation |
1,652 |
20,740 |
| # 25 |
Healthpeak Properties Inc. |
1,645 |
15,920 |
| # 26 |
Diversified Healthcare Trust |
1,632 |
6,476 |
| # 27 |
Host Hotels & Resorts Inc. |
1,620 |
12,890 |
| # 28 |
Lamar Advertising Company |
1,569 |
5,791 |
| # 29 |
Brookfield Property REIT Inc. |
1,530 |
21,880 |
| # 30 |
Vornado Realty Trust |
1,528 |
16,222 |
| # 31 |
Essex Property Trust Inc. |
1,496 |
12,936 |
| # 32 |
Sun Communities Inc. |
1,398 |
11,207 |
| # 33 |
Extra Space Storage Inc |
1,356 |
9,396 |
| # 34 |
Service Properties Trust |
1,265 |
8,687 |
| # 35 |
Dolby Laboratories |
1,260 |
3,097 |
| # 36 |
Medical Properties Trust Inc. |
1,249 |
16,829 |
| # 37 |
UDR Inc. |
1,241 |
9,638 |
| # 38 |
OUTFRONT Media Inc. |
1,236 |
5,897 |
| # 39 |
VICI Properties Inc. |
1,226 |
17,064 |
| # 40 |
W. P. Carey Inc. |
1,209 |
14,708 |
| # 41 |
American Homes 4 Rent |
1,183 |
9,594 |
| # 42 |
VEREIT Inc. |
1,161 |
13,324 |
| # 43 |
Gaming and Leisure Properties Inc. |
1,153 |
9,034 |
| # 44 |
STARWOOD PROPERTY TRUST, INC. |
1,136 |
80,874 |
| # 45 |
AGNC Investment Corp. |
1,126 |
81,817 |
| # 46 |
Equity Lifestyle Properties Inc. |
1,091 |
4,419 |
| # 47 |
GRIFFIN-AMERICAN HEALTHCARE REIT III, INC. |
1,069 |
3,235 |
| # 48 |
PennyMac Mortgage Investment Trust |
1,067 |
11,492 |
| # 49 |
Uniti Group Inc. |
1,067 |
4,732 |
| # 50 |
Kimco Realty Corporation (HC) |
1,058 |
11,614 |
| # 51 |
Brixmor Property Group Inc. |
1,053 |
8,342 |
| # 52 |
SL Green Realty Corp |
1,053 |
11,708 |
| # 53 |
Camden Property Trust |
1,044 |
7,199 |
| # 54 |
PotlatchDeltic Corporation |
1,041 |
2,381 |
| # 55 |
CyrusOne Inc |
1,034 |
6,897 |
| # 56 |
Regency Centers Corporation |
1,016 |
10,937 |
| # 57 |
Duke Realty Corporation |
993 |
9,111 |
| # 58 |
Kilroy Realty Corporation |
898 |
10,001 |
| # 59 |
Omega Healthcare Investors Inc. |
892 |
9,497 |
| # 60 |
Douglas Emmett Inc. |
892 |
9,251 |
| # 61 |
American Campus Communities Inc |
871 |
7,531 |
| # 62 |
Rayonier Inc. |
859 |
3,729 |
| # 63 |
Federal Realty Investment Trust |
835 |
7,608 |
| # 64 |
MGM Growth Properties LLC |
793 |
10,600 |
| # 65 |
Macerich Company (The) |
786 |
9,184 |
| # 66 |
CC HOLDINGS GS V LLC |
750 |
4,443 |
| # 67 |
Cousins Properties Incorporated |
740 |
7,107 |
| # 68 |
Healthcare Realty Trust Incorporated |
739 |
6,791 |
| # 69 |
Highwoods Properties Inc. |
737 |
5,209 |
| # 70 |
Apartment Income REIT Corp. |
720 |
6,229 |
| # 71 |
Paramount Group Inc. |
714 |
8,554 |
| # 72 |
Howard Hughes Corporation (The) |
699 |
9,140 |
| # 73 |
STORE CAPITAL LLC |
694 |
9,004 |
| # 74 |
CubeSmart |
679 |
4,778 |
| # 75 |
NNN REIT Inc. |
661 |
7,638 |
| # 76 |
Life Storage, Inc. |
617 |
4,728 |
| # 77 |
COPT Defense Properties |
609 |
4,077 |
| # 78 |
Empire State Realty Trust Inc. |
609 |
4,151 |
| # 79 |
Empire State Realty OP, L.P. |
609 |
4,151 |
| # 80 |
CoreSite Realty Corporation |
607 |
2,176 |
| # 81 |
JBG SMITH Properties |
603 |
6,080 |
| # 82 |
Apple Hospitality REIT Inc. |
602 |
4,830 |
| # 83 |
Sabra Health Care REIT Inc. |
599 |
5,986 |
| # 84 |
Royal Gold Inc. |
562 |
2,764 |
| # 85 |
Arbor Realty Trust |
542 |
7,661 |
| # 86 |
QTS Realty Trust, Inc. |
539 |
3,899 |
| # 87 |
Brandywine Realty Trust |
535 |
3,900 |
| # 88 |
Safehold Inc. |
531 |
4,862 |
| # 89 |
Redwood Trust Inc. |
530 |
10,355 |
| # 90 |
Ryman Hospitality Properties Inc. (REIT) |
524 |
3,556 |
| # 91 |
Washington Prime Group Inc. |
524 |
4,105 |
| # 92 |
Ashford Hospitality Trust Inc |
508 |
3,734 |
| # 93 |
Preferred Apartment Communities, Inc. |
502 |
4,281 |
| # 94 |
Healthcare Realty Trust Incorporated |
500 |
3,812 |
| # 95 |
Phillips Edison & Company Inc. |
498 |
4,679 |
| # 96 |
Stag Industrial Inc. |
483 |
4,693 |
| # 97 |
RLJ Lodging Trust |
473 |
5,617 |
| # 98 |
SITE Centers Corp. |
460 |
4,108 |
| # 99 |
First Industrial Realty Trust Inc. |
448 |
3,792 |
| # 100 |
Pebblebrook Hotel Trust |
443 |
6,076 |