We intend to identify and acquire a business that could benefit from a hands-on partner with extensive operational, capital markets and investment management experience in the broader real estate sector and that presents potential for an attractive risk-adjusted return profile under our management. Even companies with strong fundamentals can under-perform their potential due to dislocation in the markets in which they operate, inefficient capital allocation, over-levered capital structures, excessive cost structures, incomplete management teams, and/or incongruous business strategies.