Kat: Tell me a little bit about your background and the experience of the Sortis team. Paul: I came up as a real estate developer and have built almost every product type (land development, residential construction, multi-family, office, hotel, retail/mixed use.) I’m currently wrapping up the redevelopment and retail leasing of the downtown Seattle Macy’s building. That was a $500 million project with Starwood Capital and we put Amazon into that space. We have project management teams that can handle that size and complexity, so the smaller stuff we may take on with our Funds is easier to mange internally. It also allows us to handle any sort of distressed real estate in any state to monetize the opportunity for our investors. During the last recession Michael Sander and I ran a firm that specialized in distress assets and helped move over a $1 billion in loans and real estate from bank balance sheets to private buyers.