BSP's real estate strategy focuses on originating and managing commercial mortgage loans across the country and in all segments of the market. We are a flexible capital provider, originating both floating-rate and fixed-rate loans across the capital structure, including first mortgage loans, mezzanine loans and preferred equity. BSP real estate equity capabilities focus on multifamily, triple-net lease assets ("NNN"), and CMBS B-pieces.We believe the reduction in traditional bank lending capacity, coupled with the continued volume of real estate loan maturities, has created many attractive real estate debt investment opportunities. We believe our team is uniquely qualified to capitalize on these opportunities.Our dedicated real estate team consists of nearly 60 professionals with origination and underwriting capabilities that enable us to generate significant, proprietary deal flow. Lending against all commercial property types across the United States, with a national origination footprint, the team has experience in investing in real estate through multiple business cycles.