# EDGAR Filing Document

**Accession Number:** 0001566089
**File Stem:** 0001172661-25-004120
**Filing Date:** 2025-9
**Character Count:** 17468
**Document Hash:** 14a337a23480a84d48687ce5444d692c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001172661-25-004120.hdr.sgml**: 20250904

**ACCESSION NUMBER**: 0001172661-25-004120

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250904

**EFFECTIVENESS DATE**: 20250904

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** LDR Capital Management LLC
- **CENTRAL INDEX KEY:** 0001566089

**ORGANIZATION NAME:**
- **EIN:** 453532803
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-18278
- **FILM NUMBER:** 251292875

**BUSINESS ADDRESS:**
- **STREET 1:** 300 PARK AVENUE
- **STREET 2:** SUITE 501
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022
- **BUSINESS PHONE:** 646-927-5800

**MAIL ADDRESS:**
- **STREET 1:** 300 PARK AVENUE
- **STREET 2:** SUITE 501
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022

## FORM N-PX
### ANNUAL REPORT OF PROXY VOTING RECORD

## N-PX: Filer Information

**Filer CIK:** 0001566089

**Date of Report:** 06/30/2025

**Are you a Registered Management Investment Company or an Institutional Manager?:** Institutional Manager

**Is this a LIVE or TEST Filing?:** LIVE

**Is this an electronic copy of an official filing submitted in paper format?:** [ ]

### Submission Contact Information
_Not provided in this filing._

### Notification Information
**Notify via Filing Website only?:** [ ]

## N-PX: Cover Page

**Name of reporting person:** LDR Capital Management LLC

**Address:** 300 PARK AVENUE, NEW YORK, NY 10022

**Telephone number:** 646-927-5800

**Name of agent for service:** —

**Agent Address:** —, —, — —

**Reporting Period:** Report for the year ended 06/30/2025

**SEC File Number:** 028-18278

**CRD Number (if any):** —

**Other SEC File Number (if any):** —

**LEI (if any):** —

**Report Type (check only one):**

Institutional Manager.

- [x] Institutional Manager Voting Report

- [ ] Institutional Manager Notice Report

- [ ] Institutional Manager Combination Report

Registered Management Investment Company.

- [ ] Fund Voting Report

- [ ] Fund Notice Report

**Do you wish to provide explanatory information pursuant to Special Instruction B.4?:**

- [x] No

- [ ] Yes

**Additional information:** —

## N-PX: Summary - Included Managers

**Number of Included Institutional Managers:** 0

**Included Institutional Managers:** —

## FORM N-PX PROXY VOTING RECORD

| NAME OF ISSUER                         | CUSIP     | MEETING DATE   | VOTE DESCRIPTION                         | VOTE CATEGORY                |   SHARES VOTED |   SHARES ON LOAN | HOW VOTED   |   SHARES VOTED FOR OR AGAINST MANAGEMENT | FOR OR AGAINST MANAGEMENT   | OTHER INFO   |
|:---|:---|:---|:---|:---|---:|---:|:---|---:|:---|:---|
| ALEXANDER  BALDWIN, INC.               | 014491104 | 04/22/2025     | 14A Executive Compensation               | SECTION 14A SAY-ON-PAY VOTES |          25533 |                0 | For         |                                    25533 | FOR                         |  |
| ALEXANDER  BALDWIN, INC.               | 014491104 | 04/22/2025     | 14A Executive Compensation VoteFrequency | SECTION 14A SAY-ON-PAY VOTES |          25533 |                0 | 1 Year      |                                    25533 | FOR                         |  |
| BRIXMOR PROPERTY GROUPINC              | 11120U105 | 04/23/2025     | 14A Executive Compensation               | SECTION 14A SAY-ON-PAY VOTES |          17704 |                0 | For         |                                    17704 | FOR                         |  |
| HEALTHPEAK PROPERTIES, INC             | 42250P103 | 04/24/2025     | 14A Executive Compensation               | SECTION 14A SAY-ON-PAY VOTES |          25115 |                0 | For         |                                    25115 | FOR                         |  |
| COMMUNITY HEALTHCARETRUST INCORPORATED | 20369C106 | 05/01/2025     | 14A Executive Compensation               | SECTION 14A SAY-ON-PAY VOTES |          26602 |                0 | For         |                                    26602 | FOR                         |  |
| ALEXANDRIA REAL ESTATEEQUITIES, INC.   | 015271109 | 05/13/2025     | 14A Executive Compensation               | SECTION 14A SAY-ON-PAY VOTES |           5046 |                0 | For         |                                     5046 | FOR                         |  |
| ALEXANDRIA REAL ESTATEEQUITIES, INC.   | 015271109 | 05/13/2025     | 14A Executive Compensation               | SECTION 14A SAY-ON-PAY VOTES |           5046 |                0 | For         |                                     5046 | FOR                         |  |
| AMERICAN TOWERCORPORATION              | 03027X100 | 05/14/2025     | 14A Executive Compensation               | SECTION 14A SAY-ON-PAY VOTES |           2499 |                0 | For         |                                     2499 | FOR                         |  |
| KITE REALTY GROUP TRUST                | 49803T300 | 05/16/2025     | 14A Executive Compensation               | SECTION 14A SAY-ON-PAY VOTES |          21923 |                0 | For         |                                    21923 | FOR                         |  |
| EQUINIX, INC.                          | 29444U700 | 05/21/2025     | 14A Executive Compensation               | SECTION 14A SAY-ON-PAY VOTES |            539 |                0 | For         |                                      539 | FOR                         |  |
| UMH PROPERTIES, INC.                   | 903002103 | 05/28/2025     | 14A Executive Compensation               | SECTION 14A SAY-ON-PAY VOTES |          27148 |                0 | For         |                                    27148 | FOR                         |  |
| ELME COMMUNITIES                       | 939653101 | 05/29/2025     | 14A Executive Compensation               | SECTION 14A SAY-ON-PAY VOTES |          20430 |                0 | For         |                                    20430 | FOR                         |  |
| REXFORD INDUSTRIAL REALTY,INC.         | 76169C100 | 06/03/2025     | 14A Executive Compensation               | SECTION 14A SAY-ON-PAY VOTES |          10258 |                0 | For         |                                    10258 | FOR                         |  |
| KENNEDY-WILSON HOLDINGS,INC.           | 489398107 | 06/05/2025     | 14A Executive Compensation               | SECTION 14A SAY-ON-PAY VOTES |          44207 |                0 | For         |                                    44207 | FOR                         |  |
| DIGITAL REALTY TRUST, INC.             | 253868103 | 06/06/2025     | 14A Executive Compensation               | SECTION 14A SAY-ON-PAY VOTES |           2980 |                0 | For         |                                     2980 | FOR                         |  |
| VERIS RESIDENTIAL, INC.                | 554489104 | 06/11/2025     | 14A Executive Compensation               | SECTION 14A SAY-ON-PAY VOTES |          29773 |                0 | For         |                                    29773 | FOR                         |  |
| VERTIV HOLDINGS CO                     | 92537N108 | 06/18/2025     | 14A Executive Compensation               | SECTION 14A SAY-ON-PAY VOTES |           5444 |                0 | For         |                                     5444 | FOR                         |  |
| CTO REALTY GROWTH, INC.                | 22948Q101 | 06/18/2025     | 14A Executive Compensation               | SECTION 14A SAY-ON-PAY VOTES |          24427 |                0 | For         |                                    24427 | FOR                         |  |
| ALEXANDER  BALDWIN, INC.               | 014491104 | 04/22/2025     | 14A Executive Compensation               | SECTION 14A SAY-ON-PAY VOTES |           2744 |                0 | For         |                                     2744 | FOR                         |  |
| ALEXANDER  BALDWIN, INC.               | 014491104 | 04/22/2025     | 14A Executive Compensation VoteFrequency | SECTION 14A SAY-ON-PAY VOTES |           2744 |                0 | 1 Year      |                                     2744 | FOR                         |  |
| HEALTHPEAK PROPERTIES, INC             | 42250P103 | 04/24/2025     | 14A Executive Compensation               | SECTION 14A SAY-ON-PAY VOTES |          13175 |                0 | For         |                                    13175 | FOR                         |  |
| STAG INDUSTRIAL, INC.                  | 85254J102 | 04/28/2025     | 14A Executive Compensation               | SECTION 14A SAY-ON-PAY VOTES |           4664 |                0 | For         |                                     4664 | FOR                         |  |
| STARWOOD PROPERTY TRUST,INC.           | 85571B105 | 05/01/2025     | 14A Executive Compensation               | SECTION 14A SAY-ON-PAY VOTES |          13695 |                0 | For         |                                    13695 | FOR                         |  |
| URBAN EDGE PROPERTIES                  | 91704F104 | 05/07/2025     | 14A Executive Compensation               | SECTION 14A SAY-ON-PAY VOTES |          10440 |                0 | For         |                                    10440 | FOR                         |  |
| URBAN EDGE PROPERTIES                  | 91704F104 | 05/07/2025     | 14A Executive Compensation               | SECTION 14A SAY-ON-PAY VOTES |          10440 |                0 | For         |                                    10440 | FOR                         |  |
| KITE REALTY GROUP TRUST                | 49803T300 | 05/16/2025     | 14A Executive Compensation               | SECTION 14A SAY-ON-PAY VOTES |           8293 |                0 | For         |                                     8293 | FOR                         |  |
| UMH PROPERTIES, INC.                   | 903002103 | 05/28/2025     | 14A Executive Compensation               | SECTION 14A SAY-ON-PAY VOTES |          13068 |                0 | For         |                                    13068 | FOR                         |  |
| REXFORD INDUSTRIAL REALTY,INC.         | 76169C100 | 06/03/2025     | 14A Executive Compensation               | SECTION 14A SAY-ON-PAY VOTES |           4639 |                0 | For         |                                     4639 | FOR                         |  |
| KENNEDY-WILSON HOLDINGS,INC.           | 489398107 | 06/05/2025     | 14A Executive Compensation               | SECTION 14A SAY-ON-PAY VOTES |          19913 |                0 | For         |                                    19913 | FOR                         |  |
| VERIS RESIDENTIAL, INC.                | 554489104 | 06/11/2025     | 14A Executive Compensation               | SECTION 14A SAY-ON-PAY VOTES |          11004 |                0 | For         |                                    11004 | FOR                         |  |
| ALEXANDER  BALDWIN, INC.               | 014491104 | 04/22/2025     | 14A Executive Compensation               | SECTION 14A SAY-ON-PAY VOTES |          18657 |                0 | For         |                                    18657 | FOR                         |  |
| ALEXANDER  BALDWIN, INC.               | 014491104 | 04/22/2025     | 14A Executive Compensation VoteFrequency | SECTION 14A SAY-ON-PAY VOTES |          18657 |                0 | 1 Year      |                                    18657 | FOR                         |  |
| BRIXMOR PROPERTY GROUPINC              | 11120U105 | 04/23/2025     | 14A Executive Compensation               | SECTION 14A SAY-ON-PAY VOTES |          16995 |                0 | For         |                                    16995 | FOR                         |  |
| HEALTHPEAK PROPERTIES, INC             | 42250P103 | 04/24/2025     | 14A Executive Compensation               | SECTION 14A SAY-ON-PAY VOTES |          22873 |                0 | For         |                                    22873 | FOR                         |  |
| STARWOOD PROPERTY TRUST,INC.           | 85571B105 | 05/01/2025     | 14A Executive Compensation               | SECTION 14A SAY-ON-PAY VOTES |          25287 |                0 | For         |                                    25287 | FOR                         |  |
| KITE REALTY GROUP TRUST                | 49803T300 | 05/16/2025     | 14A Executive Compensation               | SECTION 14A SAY-ON-PAY VOTES |          14754 |                0 | For         |                                    14754 | FOR                         |  |
| UMH PROPERTIES, INC.                   | 903002103 | 05/28/2025     | 14A Executive Compensation               | SECTION 14A SAY-ON-PAY VOTES |          23852 |                0 | For         |                                    23852 | FOR                         |  |
| REXFORD INDUSTRIAL REALTY,INC.         | 76169C100 | 06/03/2025     | 14A Executive Compensation               | SECTION 14A SAY-ON-PAY VOTES |           8253 |                0 | For         |                                     8253 | FOR                         |  |
| KENNEDY-WILSON HOLDINGS,INC.           | 489398107 | 06/05/2025     | 14A Executive Compensation               | SECTION 14A SAY-ON-PAY VOTES |          35429 |                0 | For         |                                    35429 | FOR                         |  |
| VERIS RESIDENTIAL, INC.                | 554489104 | 06/11/2025     | 14A Executive Compensation               | SECTION 14A SAY-ON-PAY VOTES |          19580 |                0 | For         |                                    19580 | FOR                         |  |
| ALEXANDER  BALDWIN, INC.               | 014491104 | 04/22/2025     | 14A Executive Compensation               | SECTION 14A SAY-ON-PAY VOTES |          33400 |                0 | For         |                                    33400 | FOR                         |  |
| ALEXANDER  BALDWIN, INC.               | 014491104 | 04/22/2025     | 14A Executive Compensation VoteFrequency | SECTION 14A SAY-ON-PAY VOTES |          33400 |                0 | 1 Year      |                                    33400 | FOR                         |  |
| BRIXMOR PROPERTY GROUPINC              | 11120U105 | 04/23/2025     | 14A Executive Compensation               | SECTION 14A SAY-ON-PAY VOTES |          31976 |                0 | For         |                                    31976 | FOR                         |  |
| HEALTHPEAK PROPERTIES, INC             | 42250P103 | 04/24/2025     | 14A Executive Compensation               | SECTION 14A SAY-ON-PAY VOTES |          38375 |                0 | For         |                                    38375 | FOR                         |  |
| STAG INDUSTRIAL, INC.                  | 85254J102 | 04/28/2025     | 14A Executive Compensation               | SECTION 14A SAY-ON-PAY VOTES |           9540 |                0 | For         |                                     9540 | FOR                         |  |
| STARWOOD PROPERTY TRUST,INC.           | 85571B105 | 05/01/2025     | 14A Executive Compensation               | SECTION 14A SAY-ON-PAY VOTES |          47675 |                0 | For         |                                    47675 | FOR                         |  |
| URBAN EDGE PROPERTIES                  | 91704F104 | 05/07/2025     | 14A Executive Compensation               | SECTION 14A SAY-ON-PAY VOTES |          40877 |                0 | For         |                                    40877 | FOR                         |  |
| URBAN EDGE PROPERTIES                  | 91704F104 | 05/07/2025     | 14A Executive Compensation               | SECTION 14A SAY-ON-PAY VOTES |          40877 |                0 | For         |                                    40877 | FOR                         |  |
| KITE REALTY GROUP TRUST                | 49803T300 | 05/16/2025     | 14A Executive Compensation               | SECTION 14A SAY-ON-PAY VOTES |          32308 |                0 | For         |                                    32308 | FOR                         |  |
| UMH PROPERTIES, INC.                   | 903002103 | 05/28/2025     | 14A Executive Compensation               | SECTION 14A SAY-ON-PAY VOTES |          31571 |                0 | For         |                                    31571 | FOR                         |  |
| REXFORD INDUSTRIAL REALTY,INC.         | 76169C100 | 06/03/2025     | 14A Executive Compensation               | SECTION 14A SAY-ON-PAY VOTES |          18073 |                0 | For         |                                    18073 | FOR                         |  |
| KENNEDY-WILSON HOLDINGS,INC.           | 489398107 | 06/05/2025     | 14A Executive Compensation               | SECTION 14A SAY-ON-PAY VOTES |          77094 |                0 | For         |                                    77094 | FOR                         |  |
| VERIS RESIDENTIAL, INC.                | 554489104 | 06/11/2025     | 14A Executive Compensation               | SECTION 14A SAY-ON-PAY VOTES |          43974 |                0 | For         |                                    43974 | FOR                         |  |

## N-PX: Signature Block

**Reporting Person:** LDR Capital Management LLC

**By (Signature):** James Ancey

**By (Printed Signature):** James Ancey

**By (Title):** Chief Operating Officer, Chief Compliance Officer

**Date:** 09/04/2025