Kelly Porcella | General Counsel |
Brian Harris | CEO |
Marc Fox | CFO |
Steve Delaney | JMP Securities |
Tim Hayes | B. Riley FBR |
Jade Rahmani | KBW |
Ben Zucker | BTIG |
Rick Shane | JP Morgan |
George Bahamondes | Deutsche Bank |
Good afternoon and welcome to Ladder Capital Corp.'s Earnings Call for the Second Quarter 2018. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, today's conference is being recorded. At this time, I would now like to turn the conference over to Ladder's General Counsel, Ms.