2022 was an extremely positive year for FD Stonewater. We continued to grow our core development, investment and brokerage business lines while expanding into new verticals where demand shows no sign of slowing, such as logistics, industrial, and multifamily. While diversifying, we remain disciplined, focusing on new opportunities that reflect our strengths and integrated capabilities. The outlook for 2023 is extremely bright as we continue to capitalize on our cross-platform model as the engine for continued growth and expansion.