Jade Romani

“Well, the question is around stress and multifamily. I think, Brian, you said rents are continuing to go down. What we've been hearing is that we're kind of close to a bottom in terms of new lease rent growth.”

“Can you say more about the $118 million joint venture investment? What is that exactly?”

“Wanted to ask what you're hearing from multifamily investors. Are they taking a glass half full outlook? Because candidly, the supply absorption, I know absorption trends have been strong, but supply continues to remain elevated.”

“What are you seeing in terms of underlying credit performance in the multifamily book? Maybe you could touch on both the preferred equity exposure and also the BP exposure.”

“We started the year with investors seeming optimistic around the commercial real estate cycle, yet something most people didn't expect has been the spike in interest rates and the shifting outlook.”