CapLease is a real estate investment trust, or REIT, that invests primarily in single-tenant commercial real estate assets subject to long-term leases to high credit quality tenants. Since 1996, we have originated and underwritten over $4.0 billion in single tenant transactions involving more than 500 properties with more than 100 different tenants. Our senior management team is comprised of individuals with expertise in commercial real estate, credit capital markets, asset management and legal, and has worked together for many years through various business cycles.