Jason Reilley | VP, IR |
Timothy Naughton | Chairman, CEO & President |
Sean Breslin | COO |
Kevin O'Shea | CFO |
Matthew Birenbaum | CIO |
Nicholas Joseph | Citigroup |
Richard Hightower | Evercore ISI |
Lauren Weston | Morgan Stanley |
Shirley Wu | Bank of America Merrill Lynch |
Trent Trujillo | Scotiabank |
Alexander Kubicek | Robert W. Baird & Co. |
John Pawlowski | Green Street Advisors |
John Kim | BMO Capital Markets |
John Guinee | Stifel, Nicolaus & Company |
Hardik Goel | Zelman & Associates |
Alexander Goldfarb | Sandler O'Neill + Partners |
Austin Wurschmidt | KeyBanc Capital Markets |
Good morning, ladies and gentlemen, and welcome to AvalonBay Communities' Second Quarter 2019 Earnings Conference Call. [Operator Instructions].
Your host for today's conference call is Mr. Jason Reilley, Vice President of Investor Relations. Mr.