We're the multifamily experts. Multifamily loans have historically constituted the largest component of our business. Transactions involve all types of multifamily properties, from those with only a few units to large multi-building complexes with hundreds or thousands of residences. We have arranged billions of dollars worth of financing utilizing Fannie Mae's M-flex product through Sovereign Bank. As the exclusive correspondent to ICM, a Fannie Mae DUS lender, Meridian offers borrowers the widest variety of products and is able to consummate transactions with the greatest possible efficiency. The company has access to multiple sources of capital in addition to Fannie Mae, including national and local banks, Wall Street mortgage conduits, and insurance companies. With our track record and strong relationships within the lending community, Meridian can offer first mortgages or refinancing with maximum diversity in terms, rates and lending sources.