Essex is happy to announce that lender activity is picking up as we start 2021. The month of February was particularly active, as Essex Financial Group closed four transactions totaling $21.1 million. Three of the four properties were located in the Colorado Front Range and included both industrial and office properties. The fourth closing was for long-time client's acquisition of a grocery-anchored shopping center in Savannah, GA, which was a full-term interest only execution. The four loans were all placed with correspondent life insurance companies, and all were non-recourse to the borrowers. Lenders continue to be very active and aggressive in quoting loans - especially for industrial and multifamily properties. Bridge lenders are also very active, and Essex is actively marketing and closing several bridge deals at the moment. We are encouraged by this uptick in activity in the capital markets, and we anticipate this trend to continue into March.