Mark Horgan: Sure. Again, in terms of the current market, it’s definitely started flow as buyers and sellers have continued to adjust to the new rate environment. Trades have been limited again in Q1, but I’d say over the last few weeks, we’re starting to see some more assets come to-market, both from some of those institutional sellers implementing some liquidity for redemption requests. And probably more interesting, is seeing some private owners come to-market, who are struggling with that debt market. We do like to buy from some of those private owners, as Jim mentioned earlier, our platform just as more liquidity, has more asset the tenants and that’s where we see our opportunity to drive assets and get those higher unlevered IRRs that we seek.
I’d say in terms of pricing, it’s hard to exactly pinpoint where things are given the somewhat slower trading environment. But what’s clear is that, what we’re seeing on that look, where we’re seeing the biggest price change – pardon me, it’s really on those lower cap-rate assets where it’s clear that cap rates have moved there from a low-point 50 to 75 basis-points. So we do think we’ll be seeing some better opportunities as the year progresses. I think, as Jim mentioned, I do expect that to be a bit back-weighted. And I think I’d add, just on the acquisitions, as Jim and Angela and Brian mentioned, we focus on value-added deals where we can drive value and cash-flow. And that’s really well-suited for this type of environment and I think you can see that some of our past acquisitions like Brea, worry about last year we released about 200% and we’ve got out parcels and progress or Ravinia, where we moved occupancy from low 80s to the low 90s in our first year of ownership.
So we’re excited about opportunities you’ll see this year, but do you think it’ll be a slow start to the year.
Haendel St. Juste: Thanks. I appreciate that color and certainly the latter half of your response to address my follow-up question was going to be on, if your focus is going to include more of these acquisitions with occupancy upside, more repositioning that’s kind of more of what you’re inclined to do or perhaps a greater opportunity. So it sounds like a that’s what you’re focused on, but maybe a question on the balance sheet Angela, leveraged – I understand, no near-term or very little near-term debt maturities, but you are sitting here mid-60s. I guess, I’m curious on your thoughts on-target leverage in this type of environment. I’m assuming the plan hasn’t changed in terms of deleveraging, you are going to – as you realize your SNO rents, the leverage should come in. So help us understand kind of what the target leverage is, when do you think you’ll get there and maybe some timing for the SNO this year and next year? Thanks.
Angela Aman: Sure, thanks, Haendel. Yes, our expectations in terms of target leverage haven’t changed. We’re continuing to work our way to about 6 times debt-to-EBITDA, a big reason why we feel like that’s the right level for this company and this portfolio, is due to the below-market rent basis in the portfolio. On a look-through basis, we’re clearly well below that. Well below six times, once we achieve that level and actually a touch below six times now. You’re right that continued contribution from the sign but not commenced pipeline and how that comes in over the course of the next year or two is a meaningful contributor to helping us get there. But I would also sort of pull-back from that a little bit and just note that we’ve got $115 million to $120 million a year of free-cash flow that we’re using to invest in the value-enhancing reinvestment program and funding it with free-cash flow in that way is just fundamentally deleveraging as well.
