SG&A Benchmarks - Finance, Insurance, Real Estate Sector Market Research Report 2025

Samples

Companies Mentioned

• 1895 Bancorp of Wisconsin, Inc. /MD/
• 1st FRANKLIN FINANCIAL CORP
• 1St Source Corp
• 9F Inc.
• AB Commercial Real Estate Private Debt Fund, LLC
• Ab International Group Corp.
• Abacus Global Management, Inc.
• Abits Group Inc
• Acacia Research Corp
• Acadia Realty Trust
• Acadian Asset Management Inc.
• Acnb Corp
• ACRES Commercial Realty Corp.
• Advanced Flower Capital Inc.
• Advanced Oxygen Technologies Inc
• Affiliated Managers Group, Inc.
• Affinity Bancshares, Inc.
• Affirm Holdings, Inc.
• Aflac Inc
• AGNC Investment Corp.
• Agree Realty Corp
• Alerus Financial Corp
• Alexander & Baldwin, Inc.
• Alexanders Inc
• Alexandria Real Estate Equities, Inc.
• Alignment Healthcare, Inc.
• Alliancebernstein L.P.
• Ally Financial Inc.
• Alpine Income Property Trust, Inc.
• Alset Inc.
• Altegris Winton Futures Fund, L.P.
• AlTi Global, Inc.
• Altisource Asset Management Corp
• Amalgamated Financial Corp.
• Ambac Financial Group Inc
• Amerant Bancorp Inc.
• American Assets Trust, Inc.
• AMERICAN COASTAL INSURANCE Corp
• American Express Co
• American Financial Group Inc
• American Healthcare REIT, Inc.
• American Homes 4 Rent
• American Honda Finance Corp
• American International Group, Inc.
• American Realty Investors Inc
• American Strategic Investment Co.
• American Tower Corp /MA/
• Americold Realty Trust
• Ameriprise Financial Inc
• Ameris Bancorp
• Amerisafe Inc
• Ameriserv Financial Inc /PA/
• Ames National Corp
• Amplify Commodity Trust
• Amrep Corp.
• AMTD Digital Inc.
• Angel Oak Mortgage REIT, Inc.
• Annaly Capital Management Inc
• Anywhere Real Estate Inc.
• Aon plc
• Apartment Income REIT, L.P.
• Apartment Investment & Management Co
• Apollo Commercial Real Estate Finance, Inc.
• Apollo Global Management, Inc.
• Apollo Realty Income Solutions, Inc.
• Apple Hospitality REIT, Inc.
• Arbor Realty Trust Inc
• Arch Capital Group Ltd.
• Ares Commercial Real Estate Corp
• ARES INDUSTRIAL REAL ESTATE INCOME TRUST Inc.
• Ares Management Corp
• Ares Real Estate Income Trust Inc.
• Armada Hoffler Properties, Inc.
• Armour Residential REIT, Inc.
• Arrow Financial Corp
• Arthur J. Gallagher & Co.
• Artisan Partners Asset Management Inc.
• Ashford Hospitality Trust Inc
• Aspen Insurance Holdings Ltd
• AssetMark Financial Holdings, Inc.
• Associated Banc-Corp
• Associated Capital Group, Inc.
• Assurant, Inc.
• Atlantic Union Bankshares Corp
• Atlanticus Holdings Corp
• Auburn National Bancorporation, Inc
• Avalonbay Communities Inc
• Axis Capital Holdings Ltd
• Axos Financial, Inc.
• B. Riley Financial, Inc.
• Bakkt Holdings, Inc.
• Baldwin Insurance Group, Inc.
• Banc Of California, Inc.
• Bancfirst Corp /OK/
• Banco Santander (Brasil) S.A.
• Bancorp 34, Inc.
• Bancorp, Inc.
• Bancplus Corp
• Bank Bradesco
• Bank First Corp
• Bank Of America Corp /DE/
• Bank Of Hawaii Corp
• Bank of Marin Bancorp
• Bank of N.T. Butterfield & Son Ltd
• Bank of New York Mellon Corp
• Bank Of The James Financial Group Inc
• Bank7 Corp.
• BankFinancial CORP
• BankUnited, Inc.
• Bankwell Financial Group, Inc.
• Banner Corp
• Bar Harbor Bankshares
• Barclays Plc
• BayCom Corp
• BayFirst Financial Corp.
• Bcb Bancorp Inc
• Belpointe PREP, LLC
• Berkshire Hathaway Inc
• Berkshire Hills Bancorp Inc
• BGC Group, Inc.
• Bimini Capital Management, Inc.
• Binah Capital Group, Inc.
• Bit Digital, Inc
• BIT Mining Ltd
• BIT ORIGIN Ltd
• Bitcoin Depot Inc.
• Bitdeer Technologies Group
• Bitfarms Ltd
• Bitfufu Inc.
• Bitmine Immersion Technologies, Inc.
• BlackRock, Inc.
• Blackstone Inc.
• Blackstone Mortgage Trust, Inc.
• Blackstone Real Estate Income Trust, Inc.
• Blue Foundry Bancorp
• Blue Owl Capital Inc.
• Blue Owl Real Estate Net Lease Trust
• Blue Ridge Bankshares, Inc.
• Bluerock Homes Trust, Inc.
• BM Technologies, Inc.
• Bogota Financial Corp.
• Bok Financial Corp
• BOSTON OMAHA Corp
• Braemar Hotels & Resorts Inc.
• Brandywine Realty Trust
• Bread Financial Holdings, Inc.
• Bridge Investment Group Holdings Inc.
• Bridgewater Bancshares Inc
• BrightSpire Capital, Inc.
• Brixmor Property Group Inc.
• Broad Street Realty, Inc.
• Broadstone Net Lease, Inc.
• Broadway Financial Corp \DE\
• Brookfield Oaktree Holdings, LLC
• Brookfield Property Partners L.P.
• Brookfield Real Estate Income Trust Inc.
• Brookline Bancorp Inc
• BRT Apartments Corp.
• BTC Digital Ltd.
• BTCS Inc.
• Burford Capital Ltd
• Business First Bancshares, Inc.
• BV Financial, Inc.
• BXP, Inc.
• Byline Bancorp, Inc.
• C & F Financial Corp
• CaliberCos Inc.
• California BanCorp
• California BanCorp \ CA
• Cambridge Bancorp
• Camden National Corp
• Camden Property Trust
• Cantor Fitzgerald Income Trust, Inc.
• Capital Bancorp Inc
• Capital City Bank Group Inc
• Capital One Financial Corp
• Capital Properties Inc /RI/
• Capitol Federal Financial, Inc.
• CapStar Financial Holdings, Inc.
• CareTrust REIT, Inc.
• Carlyle Group Inc.
• Carter Bankshares, Inc.
• Carver Bancorp Inc
• Catalyst Bancorp, Inc.
• Cathay General Bancorp
• CB Financial Services, Inc.
• Cbl & Associates Properties Inc
• Cboe Global Markets, Inc.
• C-Bond Systems, Inc
• Cbre Group, Inc.
• Cedar Realty Trust, Inc.
• Centene Corp
• Centerspace
• Central Pacific Financial Corp
• Ceres Orion L.P.
• Ceres Tactical Systematic L.P.
• Cf Bankshares Inc.
• Chain Bridge Bancorp Inc
• Chatham Lodging Trust
• Cheche Group Inc.
• Chemung Financial Corp
• Cherry Hill Mortgage Investment Corp
• Chicago Atlantic Real Estate Finance, Inc.
• Chimera Investment Corp
• Choiceone Financial Services Inc
• Chubb Ltd
• Cigna Group
• CIM Opportunity Zone Fund, L.P.
• Cim Real Estate Finance Trust, Inc.
• Cipher Mining Inc.
• Citigroup Inc
• Citizens & Northern Corp
• Citizens Community Bancorp Inc.
• Citizens Financial Group Inc/RI
• Citizens Financial Services Inc
• Citizens Holding Co /MS/
• City Holding Co
• City Office REIT, Inc.
• Civista Bancshares, Inc.
• Claros Mortgage Trust, Inc.
• Cleanspark, Inc.
• Clipper Realty Inc.
• Clover Health Investments, Corp. /DE
• Cme Group Inc.
• Cnb Financial Corp/PA
• CNFinance Holdings Ltd.
• CNH Industrial Capital LLC
• CNL Healthcare Properties, Inc.
• Coastal Financial Corp
• Codorus Valley Bancorp Inc
• Cohen & Co Inc.
• Cohen & Steers Income Opportunities REIT, Inc.
• Cohen & Steers, Inc.
• Coinbase Global, Inc.
• Colliers International Group Inc.
• Colony Bankcorp Inc
• Columbia Banking System, Inc.
• Columbia Financial, Inc.
• Comerica Inc /NEW/
• Commerce Bancshares Inc /MO/
• Community Bancorp /VT
• Community Financial System, Inc.
• Community Healthcare Trust Inc
• Community Trust Bancorp Inc /KY/
• Community West Bancshares
• Community West Bancshares /
• CompoSecure, Inc.
• Comstock Holding Companies, Inc.
• ConnectOne Bancorp, Inc.
• Consumer Portfolio Services, Inc.
• Consumers Bancorp Inc /OH/
• Copper Property CTL Pass Through Trust
• Copt Defense Properties
• Core Scientific, Inc./tx
• Corebridge Financial, Inc.
• CoreCivic, Inc.
• CorEnergy Infrastructure Trust, Inc.
• Corvel Corp
• Cottonwood Communities, Inc.
• Cousins Properties Inc
• Crawford & Co
• Creative Media & Community Trust Corp
• Credit Acceptance Corp
• Crossfirst Bankshares, Inc.
• Crown Castle Inc.
• CSB Bancorp, Inc.
• CTO Realty Growth, Inc.
• CubeSmart
• Cullen/FROST BANKERS, INC.
• Cullman Bancorp, Inc. /MD/
• Curbline Properties Corp.
• Cushman & Wakefield plc
• Customers Bancorp, Inc.
• Cvb Financial Corp
• Dave Inc./DE
• Deutsche Bank Aktiengesellschaft
• Diamond Hill Investment Group Inc
• DiamondRock Hospitality Co
• Digi Power X Inc.
• Digital Realty Trust, Inc.
• Digital Turbine, Inc.
• DigitalBridge Group, Inc.
• Dime Community Bancshares, Inc. /NY/
• Discover Financial Services
• Divall Insured Income Properties 2 Limited Partnership
• Diversified Healthcare Trust
• Dolby Laboratories, Inc.
• Doma Holdings, Inc.
• Dominari Holdings Inc.
• Douglas Elliman Inc.
• Douglas Emmett Inc
• Dynex Capital Inc
• Eagle Bancorp Inc
• Eagle Bancorp Montana, Inc.
• Eagle Financial Services Inc
• East West Bancorp Inc
• Easterly Government Properties, Inc.
• Eastern Bankshares, Inc.
• Eastgroup Properties Inc
• ECB Bancorp, Inc. /MD/
• eHealth, Inc.
• Eightco Holdings Inc.
• Elevance Health, Inc.
• Ellington Credit Co
• Ellington Financial Inc.
• Elme Communities
• Embassy Bancorp, Inc.
• Empire State Realty OP, L.P.
• Empire State Realty Trust, Inc.
• Enact Holdings, Inc.
• ENB Financial Corp
• Encore Capital Group Inc
• ENDI Corp.
• Enova International, Inc.
• Enstar Group LTD
• Enterprise Bancorp Inc /MA/
• Enterprise Financial Services Corp
• Epr Properties
• EQT Exeter Real Estate Income Trust, Inc.
• Equinix Inc
• Equitable Financial Life Insurance Co
• Equitable Financial Life Insurance Co Of America
• Equitable Holdings, Inc.
• Equity Bancshares Inc
• Equity Commonwealth
• Equity Lifestyle Properties Inc
• Equity Residential
• Esquire Financial Holdings, Inc.
• ESSA Bancorp, Inc.
• Essential Properties Realty Trust, Inc.
• Essex Property Trust, Inc.
• Euronet Worldwide, Inc.
• Evans Bancorp Inc
• Evercore Inc.
• Everest Group, Ltd.
• ExchangeRight Income Fund
• Exodus Movement, Inc.
• eXp World Holdings, Inc.
• Extra Space Storage Inc.
• F&G Annuities & Life, Inc.
• F&M Bank Corp
• Fangdd Network Group Ltd.
• Fanhua Inc.
• Farmers & Merchants Bancorp
• Farmers & Merchants Bancorp Inc
• Farmers & Merchants Bancshares, Inc.
• Farmers National Banc Corp /OH/
• Farmland Partners Inc.
• Fathom Holdings Inc.
• FB Financial Corp
• Federal Agricultural Mortgage Corp
• Federal Home Loan Bank of Atlanta
• Federal Home Loan Bank of Boston
• Federal Home Loan Bank of Chicago
• Federal Home Loan Bank of Cincinnati
• Federal Home Loan Bank of Dallas
• Federal Home Loan Bank of Des Moines
• Federal Home Loan Bank of Indianapolis
• Federal Home Loan Bank of New York
• Federal Home Loan Bank of Pittsburgh
• Federal Home Loan Bank of San Francisco
• Federal Home Loan Bank of Topeka
• Federal Home Loan Mortgage Corp
• Federal National Mortgage Association Fannie Mae
• Federal Realty Investment Trust
• Federated Hermes, Inc.
• Fidelis Insurance Holdings Ltd
• Fidelity D & D Bancorp Inc
• Fidelity National Financial, Inc.
• Fifth Third Bancorp
• Finance of America Companies Inc.
• Financial Institutions Inc
• FinVolution Group
• Finward Bancorp
• Finwise Bancorp
• First American Financial Corp
• First Bancorp /NC/
• First Bancorp /PR/
• First Bancorp, Inc /ME/
• First Bancshares Inc /MS/
• First Busey Corp /NV/
• First Business Financial Services, Inc.
• First Capital Inc
• First Citizens Bancshares Inc /DE/
• First Commonwealth Financial Corp /PA/
• First Community Bankshares Inc /VA/
• First Community Corp /SC/
• First Financial Bancorp /OH/
• First Financial Bankshares Inc
• First Financial Corp /IN/
• First Financial Northwest, Inc.
• First Foundation Inc.
• First Guaranty Bancshares, Inc.
• First Hawaiian, Inc.
• First Horizon Corp
• First Industrial Realty Trust Inc
• First Internet Bancorp
• First Interstate Bancsystem Inc
• First Keystone Corp
• First Merchants Corp
• First Mid Bancshares, Inc.
• First National Corp /VA/
• First Northern Community Bancorp
• First Northwest Bancorp
• First Of Long Island Corp
• First Real Estate Investment Trust Of New Jersey
• First Savings Financial Group, Inc.
• First Seacoast Bancorp, Inc.
• First United Corp/MD/
• First Us Bancshares, Inc.
• First Western Financial Inc
• FirstService Corp
• Firstsun Capital Bancorp
• Five Point Holdings, LLC
• Five Star Bancorp
• Flagstar Financial, Inc.
• Flushing Financial Corp
• Fnb Corp/PA/
• FNCB Bancorp, Inc.
• Forestar Group Inc.
• Forge Global Holdings, Inc.
• Forge Innovation Development Corp.
• Fortitude Life Insurance & Annuity Co
• Fortress Net Lease REIT
• Four Corners Property Trust, Inc.
• Franklin BSP Realty Trust, Inc.
• Franklin Financial Services Corp /PA/
• Franklin Resources Inc
• Franklin Street Properties Corp /MA/
• Franklin Templeton Digital Holdings Trust
• Freedom Holding Corp.
• Freedom Holdings, Inc.
• Frp Holdings, Inc.
• FS Bancorp, Inc.
• FS Credit Real Estate Income Trust, Inc.
• Fulton Financial Corp
• Fundamental Global Inc.
• Futu Holdings Ltd
• FVCBankcorp, Inc.
• Gaming & Leisure Properties, Inc.
• Garden Stage Ltd
• Gaucho Group Holdings, Inc.
• GCM Grosvenor Inc.
• Generation Income Properties, Inc.
• Generations Bancorp NY, Inc.
• Genworth Financial Inc
• German American Bancorp, Inc.
• Getty Realty Corp /MD/
• Glacier Bancorp, Inc.
• Gladstone Commercial Corp
• GLADSTONE LAND Corp
• Glen Burnie Bancorp
• Global Macro Trust
• Global Medical REIT Inc.
• Global Net Lease, Inc.
• Global Self Storage, Inc.
• GoHealth, Inc.
• Goldman Sachs Group Inc
• Goosehead Insurance, Inc.
• Gouverneur Bancorp, Inc./MD/
• Graham Alternative Investment Fund I Llc
• Graham Alternative Investment Fund Ii Llc
• Granite Real Estate Investment Trust
• Great Southern Bancorp, Inc.
• Green Dot Corp
• Greenidge Generation Holdings Inc.
• Greenlight Capital Re, Ltd.
• Greystone Housing Impact Investors LP
• GRIID Infrastructure Inc.
• Gryphon Digital Mining, Inc.
• Gtj Reit, Inc.
• Guaranty Bancshares Inc /TX/
• Guild Holdings Co
• HA Sustainable Infrastructure Capital, Inc.
• Hagerty, Inc.
• Hallmark Venture Group, Inc.
• Hamilton Insurance Group, Ltd.
• Hamilton Lane INC
• Hancock Whitney Corp
• Hanmi Financial Corp
• Hanover Bancorp, Inc. /NY
• HarborOne Bancorp, Inc.
• Hartford Insurance Group, Inc.
• Hawthorn Bancshares, Inc.
• HBT Financial, Inc.
• HCI Group, Inc.
• Hdfc Bank Ltd
• Health In Tech, Inc.
• Healthcare Realty Trust Inc
• Healthpeak Properties, Inc.
• Heartland Financial Usa Inc
• Hennessy Advisors Inc
• Heritage Commerce Corp
• Heritage Financial Corp /WA/
• Heritage Insurance Holdings, Inc.
• HG Holdings, Inc.
• Highest Performances Holdings Inc.
• Highlands REIT, Inc.
• Highwoods Properties, Inc.
• Hills Bancorporation
• Hilltop Holdings Inc.
• Hines Global Income Trust, Inc.
• Hippo Holdings Inc.
• HIVE Digital Technologies Ltd.
• Hmn Financial Inc
• Home Bancorp, Inc.
• Home Bancshares Inc
• HomeStreet, Inc.
• HomeTrust Bancshares, Inc.
• Hope Bancorp Inc
• Horizon Bancorp Inc /IN/
• Horizon Kinetics Holding Corp
• Host Hotels & Resorts, Inc.
• Houlihan Lokey, Inc.
• Howard Hughes Corp
• Howard Hughes Holdings Inc.
• Hsbc Bank Plc
• Hsbc Holdings Plc
• Hubilu Venture Corp
• Hudson Pacific Properties, Inc.
• Huize Holding Ltd
• Humana Inc
• Huntington Bancshares Inc /MD/
• Hut 8 Corp.
• ICC Holdings, Inc.
• IF Bancorp, Inc.
• Independence Realty Trust, Inc.
• Independent Bank Corp
• Independent Bank Corp /MI/
• Independent Bank Group, Inc.
• Industrial Logistics Properties Trust
• Inland Real Estate Income Trust, Inc.
• Innovative Industrial Properties Inc
• Integrated Ventures, Inc.
• Inter & Co, Inc.
• Interactive Brokers Group, Inc.
• Intercontinental Exchange, Inc.
• InterDigital, Inc.
• Intergroup Corp
• International Bancshares Corp
• International General Insurance Holdings Ltd.
• International Land Alliance Inc.
• InvenTrust Properties Corp.
• Invesco Commercial Real Estate Finance Trust, Inc.
• Invesco Db Agriculture Fund
• Invesco Db Base Metals Fund
• Invesco DB Commodity Index Tracking Fund
• Invesco DB Energy Fund
• Invesco DB Oil Fund
• Invesco DB Precious Metals Fund
• Invesco Ltd.
• Invesco Mortgage Capital Inc.
• Invesco Real Estate Income Trust Inc.
• Investar Holding Corp
• Investors Title Co
• Invitation Homes Inc.
• Iron Mountain Inc
• ISABELLA BANK Corp
• J.P. Morgan Real Estate Income Trust, Inc.
• Janover Inc.
• Janus Henderson Group Plc
• JBG SMITH Properties
• Jefferies Financial Group Inc.
• Jiayin Group Inc.
• JLL Income Property Trust, Inc.
• John Marshall Bancorp, Inc.
• JOINT Corp
• Jones Financial Companies Lllp
• Jones Lang Lasalle Inc
• Jpmorgan Chase & Co
• Jupai Holdings Ltd
• Kaanapali Land Llc
• KB Financial Group Inc.
• KBS Real Estate Investment Trust III, Inc.
• KE Holdings Inc.
• Kearny Financial Corp.
• Kennedy-Wilson Holdings, Inc.
• Kentucky First Federal Bancorp
• Keycorp /NEW/
• Kilroy Realty Corp
• Kimco Realty Corp
• Kingsway Financial Services Inc
• Kite Realty Group Trust
• KKR & Co. Inc.
• KKR Infrastructure Conglomerate LLC
• KKR Private Equity Conglomerate LLC
• KKR Real Estate Finance Trust Inc.
• Korth Direct Mortgage Inc.
• La Rosa Holdings Corp.
• Ladder Capital Corp
• Lake Shore Bancorp, Inc.
• Lakeland Bancorp Inc
• Lakeland Financial Corp
• Lamar Advertising Co/NEW
• LandBridge Co LLC
• Landmark Bancorp Inc
• Lazard Group LLC
• Lazard, Inc.
• Lcnb Corp
• Leju Holdings Ltd
• Lemonade, Inc.
• LendingClub Corp
• LendingTree, Inc.
• Lesaka Technologies Inc
• LexinFintech Holdings Ltd.
• Lightstone Value Plus REIT I, Inc.
• Lightstone Value Plus REIT II, Inc.
• Lightstone Value Plus REIT III, Inc.
• Lightstone Value Plus REIT IV, Inc.
• Lightstone Value Plus REIT V, Inc.
• Lineage, Inc.
• LINKBANCORP, Inc.
• Linkhome Holdings Inc.
• Lion Group Holding Ltd
• LiquidValue Development Inc.
• Live Oak Bancshares, Inc.
• Lm Funding America, Inc.
• Lodging Fund REIT III, Inc.
• Logistic Properties of the Americas
• LPL Financial Holdings Inc.
• Ltc Properties Inc
• Lufax Holding Ltd
• Lument Finance Trust, Inc.
• Luxurban Hotels Inc.
• LXP Industrial Trust
• M&T Bank Corp
• Macatawa Bank Corp
• Macerich Co
• MacKenzie Realty Capital, Inc.
• Magic Empire Global Ltd
• Magnolia Bancorp, Inc.
• Magyar Bancorp, Inc.
• Maiden Holdings, Ltd.
• MainStreet Bancshares, Inc.
• Manhattan Bridge Capital, Inc
• Manulife Financial Corp
• MARA Holdings, Inc.
• Marcus & Millichap, Inc.
• Marketaxess Holdings Inc
• MARRIOTT VACATIONS WORLDWIDE Corp
• Marsh & Mclennan Companies, Inc.
• Marvion Inc.
• Marygold Companies, Inc.
• Maui Land & Pineapple Co Inc
• Mawson Infrastructure Group Inc.
• Mays J W Inc
• Mbc Funding Ii Corp.
• Mdjm Ltd
• Medalist Diversified REIT, Inc.
• Medallion Financial Corp
• Medical Properties Trust Inc
• Mercantile Bank Corp
• Mercer Bancorp, Inc.
• Merchants Bancorp
• Meridian Corp
• Metalpha Technology Holding Ltd
• MetroCity Bankshares, Inc.
• Metropolitan Bank Holding Corp.
• Mfa Financial, Inc.
• Mgt Capital Investments, Inc.
• MICROSTRATEGY Inc
• Mid America Apartment Communities Inc.
• Mid Penn Bancorp Inc
• Middlefield Banc Corp
• Midland States Bancorp, Inc.
• MidWestOne Financial Group, Inc.
• Mill City Ventures III, Ltd
• Ministry Partners Investment Company, Llc
• Mitsubishi Ufj Financial Group Inc
• Mizuho Financial Group Inc
• Mobile Infrastructure Corp
• Modiv Industrial, Inc.
• Moelis & Co
• Mogo Inc.
• Molina Healthcare, Inc.
• Moneylion Inc.
• Moody National REIT II, Inc.
• Morgan Stanley
• Morningstar, Inc.
• Mr. Cooper Group Inc.
• Mvb Financial Corp
• My City Builders, Inc.
• Nasdaq, Inc.
• National Bank Holdings Corp
• National Bankshares Inc
• National Health Investors Inc
• National Healthcare Properties, Inc.
• National Rural Utilities Cooperative Finance Corp /DC/
• National Storage Affiliates Trust
• NatWest Group plc
• Navient Corp
• NB Bancorp, Inc.
• Nbt Bancorp Inc
• Nelnet Inc
• Nestor Partners
• Net Lease Office Properties
• Netcapital Inc.
• NETSTREIT Corp.
• New England Realty Associates Limited Partnership
• New Peoples Bankshares Inc
• New York Mortgage Trust, Inc.
• NewLake Capital Partners, Inc.
• Newmark Group, Inc.
• NewtekOne, Inc.
• Nexpoint Diversified Real Estate Trust
• NexPoint Real Estate Finance, Inc.
• NexPoint Residential Trust, Inc.
• NFT Ltd
• Nicolet Bankshares Inc
• Nnn Reit, Inc.
• Noah Holdings Ltd
• Nomura Holdings Inc
• North Haven Net REIT
• NorthEast Community Bancorp, Inc./MD/
• Northfield Bancorp, Inc.
• Northpointe Bancshares Inc
• Northrim Bancorp Inc
• NorthStar Healthcare Income, Inc.
• Northwest Bancshares, Inc.
• Norwood Financial Corp
• NSTS Bancorp, Inc.
• Nu Holdings Ltd.
• Nuveen Global Cities REIT, Inc.
• Oak Valley Bancorp
• Oceanfirst Financial Corp
• Offerpad Solutions Inc.
• Ofg Bancorp
• Ohio Valley Banc Corp
• Ohmyhome Ltd
• Old National Bancorp /IN/
• Old Point Financial Corp
• Old Second Bancorp Inc
• Omega Healthcare Investors Inc
• One Liberty Properties Inc
• OneMain Holdings, Inc.
• Onity Group Inc.
• OP Bancorp
• Open Lending Corp
• Opendoor Technologies Inc.
• Oportun Financial Corp
• Oppenheimer Holdings Inc
• OppFi Inc.
• OptimumBank Holdings, Inc.
• Orange County Bancorp, Inc. /DE/
• Orchid Island Capital, Inc.
• Origin Bancorp, Inc.
• Orion Properties Inc.
• Orix Corp
• Orrstown Financial Services Inc
• Oscar Health, Inc.
• OUTFRONT Media Inc.
• P10, Inc.
• Paccar Financial Corp
• Pacific Oak Strategic Opportunity REIT, Inc.
• Pacific Premier Bancorp Inc
• Pagaya Technologies Ltd.
• Paramount Group, Inc.
• Park National Corp /OH/
• Parke Bancorp, Inc.
• Pathfinder Bancorp, Inc.
• Pathward Financial, Inc.
• Patria Investments Ltd
• Patriot National Bancorp Inc
• PB Bankshares, Inc.
• Pcb Bancorp
• Peakstone Realty Trust
• Peapack Gladstone Financial Corp
• Pebblebrook Hotel Trust
• Penns Woods Bancorp Inc
• PennyMac Mortgage Investment Trust
• Peoples Bancorp Inc
• Peoples Bancorp Of North Carolina Inc
• Peoples Financial Corp /MS/
• Peoples Financial Services Corp.
• Perella Weinberg Partners
• PFS Bancorp, Inc.
• Phillips Edison & Company, Inc.
• Physicians Realty Trust
• Piedmont Office Realty Trust, Inc.
• Pineapple Financial Inc.
• Pinnacle Financial Partners Inc
• Pioneer Bancorp, Inc./MD
• Piper Sandler Companies
• PJT Partners Inc.
• Plumas Bancorp
• Plymouth Industrial REIT, Inc.
• Pnc Financial Services Group, Inc.
• Ponce Financial Group, Inc.
• Popular, Inc.
• Portsmouth Square Inc
• Postal Realty Trust, Inc.
• Potlatchdeltic Corp
• Power REIT
• Pra Group Inc
• Premier Financial Corp
• Presidio Property Trust, Inc.
• Price T Rowe Group Inc
• Prime Meridian Holding Co
• Primerica, Inc.
• Primis Financial Corp.
• Princeton Bancorp, Inc.
• Procaccianti Hotel Reit, Inc.
• Prologis, Inc.
• Prosper Marketplace, Inc
• Prosperity Bancshares Inc
• Provident Bancorp, Inc. /MD/
• Provident Financial Services Inc
• Pruco Life Insurance Co
• Pruco Life Insurance Of New Jersey
• Prudential Financial Inc
• Public Storage
• Qcr Holdings Inc
• QDM International Inc.
• Qifu Technology, Inc.
• QMIS TBS Capital Group Corp.
• Qnb Corp
• Quaint Oak Bancorp, Inc.
• Qudian Inc.
• Raymond James Financial Inc
• Rayonier Inc
• RBB Bancorp
• RE/MAX Holdings, Inc.
• Real Brokerage Inc
• reAlpha Tech Corp.
• Realty Income Corp
• Red River Bancshares Inc
• Redfin Corp
• Redwood Trust Inc
• Regency Centers Corp
• Regional Health Properties, Inc
• Regional Management Corp.
• Regions Financial Corp
• Reitar Logtech Holdings Ltd
• Reliance Global Group, Inc.
• Renaissancere Holdings Ltd
• Renasant Corp
• Republic Bancorp Inc /KY/
• Retail Opportunity Investments Corp
• Rexford Industrial Realty, Inc.
• Rhinebeck Bancorp, Inc.
• Richmond Mutual Bancorporation, Inc.
• Riot Platforms, Inc.
• Rithm Capital Corp.
• River Financial Corp
• Riverview Bancorp Inc
• Rli Corp
• RLJ Lodging Trust
• Robinhood Markets, Inc.
• Rocket Companies, Inc.
• Root, Inc.
• Royal Bank Of Canada
• Royal Gold Inc
• Royalty Management Holding Corp
• RREEF Property Trust, Inc.
• Ryan Specialty Holdings, Inc.
• Ryman Hospitality Properties, Inc.
• S&T Bancorp Inc
• Sabra Health Care REIT, Inc.
• Sachem Capital Corp.
• Safehold Inc.
• SAI.TECH Global Corp
• Sandy Spring Bancorp Inc
• Santander Holdings USA, Inc.
• Saul Centers, Inc.
• Sb Financial Group, Inc.
• Sba Communications Corp
• Schwab Charles Corp
• Scientific Energy, Inc
• Scully Royalty Ltd.
• Sculptor Diversified Real Estate Income Trust, Inc.
• Seacoast Banking Corp Of Florida
• Security Federal Corp
• Security National Financial Corp
• Sei Investments Co
• Selectis Health, Inc.
• SelectQuote, Inc.
• Sentage Holdings Inc.
• Seritage Growth Properties
• Service Properties Trust
• ServisFirst Bancshares, Inc.
• Seven Hills Realty Trust
• Shepherd's Finance, LLC
• SHF Holdings, Inc.
• Shore Bancshares Inc
• Siebert Financial Corp
• Sierra Bancorp
• Sila Realty Trust, Inc.
• Silvercrest Asset Management Group Inc.
• Simmons First National Corp
• Simon Property Group Inc /DE/
• SITE Centers Corp.
• Sky Harbour Group Corp
• Skyline Bankshares, Inc.
• Sl Green Realty Corp
• SLM Corp
• Smartfinancial Inc.
• SmartStop Self Storage REIT, Inc.
• SoFi Technologies, Inc.
• Solowin Holdings, Ltd.
• Soluna Holdings, Inc
• SOS Ltd
• Sotherly Hotels Inc.
• Sound Financial Bancorp, Inc.
• South Plains Financial, Inc.
• Southern First Bancshares Inc
• Southern Missouri Bancorp, Inc.
• Southern States Bancshares, Inc.
• Southside Bancshares Inc
• SouthState Corp
• Sphere 3D Corp.
• Sprott Inc.
• Sprott Physical Gold & Silver Trust
• Sprott Physical Gold Trust
• Ssr Mining Inc.
• STAG Industrial, Inc.
• Standard Premium Finance Holdings, Inc.
• Star Holdings
• Startengine Crowdfunding, Inc.
• Starwood Credit Real Estate Income Trust
• Starwood Property Trust, Inc.
• Starwood Real Estate Income Trust, Inc.
• State Street Corp
• Stellar Bancorp, Inc.
• Sterling Bancorp, Inc.
• Sterling Real Estate Trust
• Stewart Information Services Corp
• Stifel Financial Corp
• Stock Yards Bancorp, Inc.
• StoneX Group Inc.
• Store Capital Llc
• Strategic Acquisitions Inc /NV/
• Strategic Storage Trust VI, Inc.
• Strategic Student & Senior Housing Trust, Inc.
• Stratus Properties Inc
• Strawberry Fields REIT, Inc.
• Stronghold Digital Mining, Inc.
• Sumitomo Mitsui Financial Group, Inc.
• Summit Financial Group, Inc.
• Summit Healthcare REIT, Inc
• Summit Hotel Properties, Inc.
• Sun Communities Inc
• Sunrise Real Estate Group Inc
• Sunrise Realty Trust, Inc.
• Swedish Export Credit Corp /SWED/
• SWK Holdings Corp
• SYLA Technologies Co., Ltd.
• Synchrony Financial
• Synovus Financial Corp
• TC Bancshares, Inc.
• Tectonic Financial, Inc.
• Terawulf Inc.
• Terra Income Fund 6, LLC
• Terra Property Trust, Inc.
• Terreno Realty Corp
• Territorial Bancorp Inc.
• Texas Capital Bancshares Inc/TX
• Texas Community Bancshares, Inc.
• Texas Pacific Land Corp
• Texas Republic Capital Corp
• TFS Financial CORP
• The9 LTD
• Third Coast Bancshares, Inc.
• Tian Ruixiang Holdings Ltd
• Timberland Bancorp Inc
• Tiptree Inc.
• Token Communities Ltd.
• Tompkins Financial Corp
• TOP Financial Group Ltd
• Toronto Dominion Bank
• Totaligent, Inc.
• Toyota Motor Credit Corp
• TPG Inc.
• TPG RE Finance Trust, Inc.
• Tradeweb Markets Inc.
• Transcontinental Realty Investors Inc
• Travelers Companies, Inc.
• Trico Bancshares /
• Tricon Residential Inc.
• TriLinc Global Impact Fund LLC
• Triller Group Inc.
• Trinity Place Holdings Inc.
• Triple Flag Precious Metals Corp.
• Triumph Financial, Inc.
• Troops, Inc. /Cayman Islands/
• Truist Financial Corp
• Trupanion, Inc.
• Trustco Bank Corp N Y
• Trustmark Corp
• TWFG, Inc.
• U S Global Investors Inc
• UBS Group AG
• UDR, Inc.
• Umb Financial Corp
• Umh Properties, Inc.
• Union Bankshares Inc
• United Bancorp Inc /OH/
• United Bankshares Inc/WV
• United Community Banks Inc
• United Security Bancshares
• Unitedhealth Group Inc
• Uniti Group Inc.
• Unity Bancorp Inc /NJ/
• Universal Insurance Holdings, Inc.
• UNIVEST FINANCIAL Corp
• Unum Group
• UP Fintech Holding Ltd
• Upstart Holdings, Inc.
• Urban Edge Properties
• US Alliance Corp
• Us Bancorp \DE\
• Uscb Financial Holdings, Inc.
• Usio, Inc.
• Uwharrie Capital Corp
• UWM Holdings Corp
• Valley National Bancorp
• Value Line Inc
• Ventas, Inc.
• Veris Residential, Inc.
• Veritex Holdings, Inc.
• VersaBank
• Vesta Real Estate Corporation, S.A.B. de C.V.
• Vici Properties Inc.
• Victory Capital Holdings, Inc.
• Video River Networks, Inc.
• Village Bank & Trust Financial Corp.
• Vinci Partners Investments Ltd.
• Vinebrook Homes Trust, Inc.
• Virginia National Bankshares Corp
• Virtu Financial, Inc.
• Virtus Investment Partners, Inc.
• Vornado Realty Trust
• VS Trust
• W. P. Carey Inc.
• Wafd Inc
• Walker & Dunlop, Inc.
• Washington Trust Bancorp Inc
• Waterdrop Inc.
• Waterstone Financial, Inc.
• Webster Financial Corp
• Wells Fargo & Company/MN
• Welltower Inc.
• Wesbanco Inc
• West Bancorporation Inc
• Westamerica Bancorporation
• Western Alliance Bancorporation
• Western New England Bancorp, Inc.
• Westwood Holdings Group Inc
• Weyerhaeuser Co
• Wheeler Real Estate Investment Trust, Inc.
• White Mountains Insurance Group Ltd
• Whitestone REIT
• William Penn Bancorporation
• Willis Towers Watson Plc
• Wins Finance Holdings Inc.
• Wintrust Financial Corp
• WisdomTree, Inc.
• World Acceptance Corp
• Wsfs Financial Corp
• X Financial
• XCel Brands, Inc.
• XChange TEC.INC
• XP Inc.
• Yiren Digital Ltd.
• Zhibao Technology Inc.
• Zions Bancorporation, National Association /UT/
• Zoned Properties, Inc.