Evelyn Infurna | Managing Director of Investor Relations |
Hessam Nadji | President and Chief Executive Officer |
Martin Louie | Senior Vice President and Chief Financial Officer |
Peter Christiansen | Citigroup |
Mitch Germain | JMP Securities |
Stephen Sheldon | William Blair |
Ladies and gentlemen, greetings and welcome to the Marcus & Millichap’s First Quarter 2018 Earnings Conference Call. At this time, all participants are in a 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 is now my pleasure to introduce your host, Evelyn Infurna.