Ryan Dennison | Senior Vice President of Capital Markets and Investor Relations |
Bill Bayless | Chief Executive Officer |
Jim Hopke | President |
William Talbot | Chief Investment Officer |
Daniel Perry | Chief Financial Officer |
Jennifer Beese | Chief Operating Officer |
Kim Voss | Chief Accounting Officer |
Jamie Wilhelm | Executive Vice President of Public Private Transactions |
Alexander Goldfarb | Sandler O'Neill |
Austin Wurschmidt | KeyBanc Capital Markets |
Nick Joseph | Citi |
Samir Khanal | Evercore ISI |
Juan Sanabria | Bank of America |
Drew Babin | Baird |
John Pawlowski | Green Street Advisors |
Michael Bilerman | Citi |
Good day. And welcome to the American Campus Communities 2018 Second Quarter Earnings Conference Call and Webcast. All participants will be in listen-only mode [Operator Instructions]. After today's presentation, there will be an opportunity to ask questions [Operator Instructions]. Please note this event is being recorded.