BPG's investment strategy is to pursue real estate investment opportunities in both core markets and tertiary markets. In core markets, BPG locates mismanaged or undervalued properties and repositions the asset to the level expected in the surrounding area. In tertiary markets, our acquisition basis and our ability to mitigate risk by selecting properties where we can recognize value leveraging our relationships with major tenants and operators enable us to capture and unlock value over the long-term. The combination of these approaches leads BPG to acquire properties that meet and exceed our strict investment criteria where the balance between risk and reward is weighted to deliver outsized returns to investors with a minimal level of risk.