I'm thrilled to be part of PGIM’s team that is celebrating a special real estate milestone! It's amazing to think about how far we've come. Today, we own and finance over 6,100 properties in 22 countries. This achievement is a testament to our global leadership and the lasting value we bring to clients around the world, not only since our real estate business began to grow exponentially 55 years ago, but to the lasting value our firm has been delivering for even longer. Over the years, we've weathered many market ups and downs, always staying true to our clients and committed to performance. We've built strong, lasting relationships with investors and borrowers globally, and we're proud to deliver innovative solutions. Looking ahead, we're excited to keep pushing boundaries and driving growth together.