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Our team's continued efforts to create value and identify these opportunities combined with our improved cost of capital have opened up a larger opportunity set and resulted in accelerated dealflow. Both of these noncore dispositions were Florida based assets, which continued to command a strong bid from 1031 capital.
There would’ve been no bid. And the equity checks being written by these private equity firms are larger than they’ve ever been as well, greater than 50% usually of the enterprisevalue of the transaction that they’re, they’re taking on that, [ Ritholtz 00:14:56 That, that’s big.
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