Since the onset of COVID-19 in March 2020, FNRP has become one of the most active acquirers of single-asset real estate, with acquisition volumes exceeding $1.4 billion since March of 2020. We view the current market dislocation, characterized by significant increases in interest rates and the favorable fundamentals within the retail market, as an opportunity for a retail-focused operating platform like ours, to be well positioned to find opportunities and thrive. Our proactive approach allows us to seize these opportunities quickly, to take advantage of opportunistic market conditions.