Under the hood, the Flywheel Portfolio is structured as a series of Real Estate Investment Trusts (REITs). REITs are a specific type of investment fund that pools qualifying real estate investments. Groundfloor acts as manager of the REITs that constitute the portfolio. We periodically allocate capital across a broad range of the real estate loans that we originate. Overall, the Flywheel Portfolio is constructed to deliver an investor experience that simulates investing directly in a broad range of our traditional Limited Recourse Obligation (LRO) offerings over time. However, whereas investing in LROs is a manual process, the Flywheel Portfolio is automated. Unlike traditional REITs, investors in the Flywheel Portfolio are repaid as the loans within the Portfolio are repaid, with the option of reinvesting or collecting the proceeds. We expect you will start to see repayments within three months.