Initiated Buy X

APTS Preferred Apt. Communities

Colliers Securities

$11.50

Upgrades Neutral Buy X

AVB AvalonBay

Colliers Securities

$202

Initiated Buy X

BASI Bioanalytical Sys.

Colliers Securities

$17

Downgrades Buy Neutral X

BRT BRT Apartments

Colliers Securities

Downgrades Buy Neutral X

CEMI Chembio Diagnostics

Colliers Securities

Upgrades Neutral Buy X

CSR Centerspace

Colliers Securities

$70

Upgrades Neutral Buy X

CYBR CyberArk

Colliers Securities

$165

Downgrades Buy Neutral X

CYBR CyberArk

Colliers Securities

Downgrades Buy Neutral X

DOC Physicians Realty Trust

Colliers Securities

$19

Initiated Buy X

ELS Equity Lifestyle Properties

Colliers Securities

$79

Upgrades Neutral Buy X

ETWO E2open

Colliers Securities

$13

Initiated Buy X

FIII Forum Merger III Corporation

Colliers Securities

$13

Upgrades Neutral Buy X

FIVN Five9

Colliers Securities

Downgrades Buy Neutral X

GHM Graham

Colliers Securities

Initiated Buy X

GIK GigCapital3

Colliers Securities

$14

Initiated Buy X

GMRE Global Medical REIT

Colliers Securities

$18

Upgrades Neutral Buy X

GNL Global Net Lease

Colliers Securities

$12

Initiated Neutral X

GNL Global Net Lease

Colliers Securities

$21

Initiated Buy X

GOOD Gladstone Commercial

Colliers Securities

$25

Downgrades Buy Neutral X

IMMR Immersion

Colliers Securities

Reiterated Buy X

IMMR Immersion

Colliers Securities

$13 $15

Initiated Neutral X

INDT INDUS Realty Trust

Colliers Securities

$70

Downgrades Buy Neutral X

IRTC iRhythm

Colliers Securities

Upgrades Neutral Buy X

KN Knowles

Colliers Securities

$25.50

Initiated Buy X

LCY Landcadia Holdings III

Colliers Securities

$15

Upgrades Neutral Buy X

MAA Mid-America Aptmt

Colliers Securities

$144

Initiated Buy X

MDV Modiv

Colliers Securities

$22

Upgrades Neutral Buy X

MPW Medical Properties Trust

Colliers Securities

$6.50

Downgrades Buy Neutral X

MPW Medical Properties Trust

Colliers Securities

$10 $4.25

Downgrades Buy Neutral X

NNN NNN REIT

Colliers Securities

Initiated Neutral X

NNN National Retail Properties

Colliers Securities

$49

Initiated Buy X

OOMA Ooma

Colliers Securities

$25

Initiated Buy X

PFMT Performant Financial

Colliers Securities

$10

Initiated Buy X

PSTL Postal Realty

Colliers Securities

$22

Upgrades Neutral Buy X

PXLW Pixelworks

Colliers Securities

$5

Downgrades Buy Neutral X

RDWR Radware

Colliers Securities

Initiated Buy X

RSVA Rodgers Silicon Valley Acquisition Corp

Colliers Securities

$32

Initiated Neutral X

SHLS Shoals Technologies

Colliers Securities

Downgrades Buy Neutral X

SMRT SmartRent

Colliers Securities

Initiated Buy X

SMRT SmartRent

Colliers Securities

$9

Downgrades Buy Neutral X

SNR New Senior Investment

Colliers Securities

$8 $9.10

Initiated Neutral X

SUI Sun Communities

Colliers Securities

$130

Initiated Buy X

UFPT UFP Technologies

Colliers Securities

$81