Evelyn Infurna | Managing Director of Investor Relations |
Hessam Nadji | President and Chief Executive Officer |
Marty Louie | Chief Financial Officer |
Mitch Germain | JMP Securities |
Peter Christiansen | Citibank |
Stephen Sheldon | William Blair |
Blaine Heck | Wells Fargo |
Greetings, and welcome to the Marcus & Millichap Fourth Quarter 2017 Earnings Conference Call. At this time, all participants are in listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded. It’s now my pleasure to introduce your host, Evelyn Infurna, Managing Director of Investor Relations.