We will be active.Our next question comes from Rich Anderson with SMBC. That's not how we think. So, if you think about, you talked about Greystars. [Operator Instructions]Thank you. Uncertain times are unsettling but they create opportunity to create significant value for our shareholders over the long term.With that I'll pass back the mic to Tom. However we remain committed to our long-term strategy of being an important platform and real estate partner for constituents across the healthcare continuum to enable them to more effectively achieve the goals of value-based healthcare. And a lot of those are being pushed off.

It doesn't have to be true for real estate. So, if you look at in any given quarter, you are looking at year-over-year. We are 80% owner, they are 20% owner. We have never bought buildings that way. We don't and we have been absent from the market. So we stand by that. And on kind of cash versus GAAP we give in our supplement on the NAV page we break out cash interest rates versus any pick or noncash interest we're receiving. I already indicated to you we will be absent from the market probably this year.

First, we issued our inaugural green bond raising $500 million of seven-year debt at 2.7%. Five, we engage in marketed transactions only when we believe that we have a significant edge due to our data analytics platform or our relationship with health systems or payors. We have sort of no horse in this race. Your line is now open.Thanks for taking the question. That is what the structure is. And as we kind of think about that in terms of how that impacts financials I think the most conservative way to think about it is that long-term rents in any Triple-Net are going to follow the economics of the buildings. And just remind us those are corporate loans to operators? So, it really depends what the product is, what the offering is, what the demand of the market is, but three year stabilization is on average what we underwrite.Our next question come from Lukas Hartwich with Green Street Advisors. I mean we were headed there particularly with technology companies. And that is hope I specifically said that we did not put that in our guidance.So if we do get that it will be an upside to our numbers, but we did not obviously model that because it could just be some things that end of it as you said.

And so just say it's a more wholesome approach gives you a better view of how that entire business is operating.Okay. And total portfolio of senior housing operating growth of 1% to 2.5%. Tom or Shankh, can you provide some color on that low QD, senior housing product that you guys have been talking about throughout the call. But the underlying businesses are largely the same. To the contrary, we buy assets when they are out of favor, at the right price, in the right structure. Accretion is a question of -- near term accretion is a question of cap rate and we're not a cap rate buyer or a cap rate seller right we're a total return buyer and total return seller.

And when that happens obviously we'll see the impact on occupancy. But generally speaking our U.K. U.S. business our U.S. and U.K. business are need-based business. So that was Capital Senior restructure.

If you look at the hospitals Derek you've got many of them who are operating at 50% capacity because elective surgeries have fallen off the cliff and they've not had as many COVID cases. Good morning. That's where our interests are aligned and you will see that will continue to grow with them.That's coming from a guy who didn't like it very much at the outset. Before we open the line for questions I just would like to say that I'm very fortunate to work with such a team of talented and dedicated individuals who are coming together during the harshest of circumstances.

Starting with capital market activity.

And I think you're seeing some positive outcomes from that and I think from our -- the presentation or the outline of our historical policies that we put out last night, I think there -- you will see there's a lot of familiarities between policies and what our commitment is that continue to provide investors with the information they need, particularly as it pertains to kind of differentiating quality between portfolios.Okay. We remain excited about the prospects of our industry with a great demographic tailwind especially in light of near-term supply which should decline substantially.

But extraordinary measures are often needed in extraordinary times like these.We told you in March that we would use data to guide all decisions regarding our business.