Kunal Lunawat

When you look at residential, the one underlying theme that we are backing pretty strongly is community and having a sense of community and multifamily properties and any technology that kind of promotes that.

When you look at hospitality, I mean, the hotel sector was really badly hit.

You had occupancy levels at all-time lows across major markets in the U.S.,

And usually it's during those points where the propensity to adopt technology is at an all-time high among property managers and hotel owners and operators.

If you look at retail, brick and mortar retail almost, you know, was again struggling.

So anything that brings people back to malls and makes it more experiential and technology that drives it is something we are bullish on.

On the flip side of retail struggling, Nathan, was e-commerce was on fire.

And as a result, you barely had any spaces in warehouses.

So we had warehouse owners and operators come to us asking us for technology product that would make these warehouses more efficient.

So that's what we've been looking at across the five to six different asset classes in real estate.

We are actively looking at the space.

We haven't made a bet yet.

Sure.

So we've invested in the hospitality space.

We've invested in the senior living space.

We've written two checks in the residential space.

And then we've written one check in the retail space.

We can share four of the five.

Yeah, sure.

So actually, that's the one that's on the stealth.