Alvarado, Thank and I'm This Stuart you Point you. everyone, our Chairman. here by is Dan Financial Chief know, Chief Key, Five Officer; joining. our management Good Miller, Officer; Leo you Mike Interim Chief also for joined as and our Erik afternoon, today thank joined Officer. Legal X Hedigan, sure on our Executive by I'm Executive Higgins, as Chief our February Officer; team, I Financial
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sales, quarter of home pace approximately in of purchase XXX to With home continued sites the XXXX. we expect builders fourth strong the
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at Valencia in XXXX. the anticipate quarter XXX fourth approximately activity, Given purchase strong sales the sites builders we home of to
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of is world rest action. we talking and committed the sustainability, performance about the remain to While
at enhance continue to our entitlements to look shortage. we opportunities communities at current to Second, California's address housing
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commercial also opportunities our for strategic a tracking we're three of feet approach Third, square million XX in renewed the communities. planned
the of Our office, apartments medical and growing communities proper need footprint. retail, support to complement balance and residential our
have of population allows and increased investments and our communities us land mixed-use holdings, uses, in our we made and growing the we Given our amenities, to for to are multitude seeing of zoning market. where the commercial allowing within location the infrastructure interest for commercial evolving respond
scale cost quarter, properties. our happen. make rationalize the fifth, As to next structure steps size as an Francisco And properly and our also asset the properties I'll identify forward. we'll of next working fit optimize It's be in of our irreplaceable have I And these to priority I covered, earlier, that with to to have development noted business. the a over we move our team and San
value. building see will performance shareholder bottom drive to and to expect hold more on line and do that We accountable focus less ourselves we look with as we
So our that is focus our plan. and
Our will entire and value. remain company shareholder management team on enhancing our focused
our associates. overall excellence the market. that focus a returns about get Point continue of dynamic our are It's community saying lead remain conditions strategies to time work and future sustainable always recognition shareholder we and clearly to in market assets both business to our short by me leave irreplaceable development to that conclude on and the business Five strong and and we in me focused and commitment while proactive Let maximizing to value. the and the We'll move with on We've the for forward. long-term we company, need defined driving optimistic by
let Now on Erik turn our me financial report over to to it results.
