CaliberCos Inc.

Hello and thank you for standing by. My name is Glyza and I will be your conference operator today. At this time, I would like to welcome everyone to the Caliber First Quarter 2026 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, press star 1 on your telephone keypad. If you would like to withdraw your question, press star 1 again. Thank you. I would now like to turn the call over to Ilya Grusovsky. Please go ahead.

Good afternoon, everyone. Welcome to Caliber's first quarter 2026 Financial Results Conference call. With me today are Chris Loeffler, Chief Executive Officer and Co-Founder, and Jade Leong, Chief Financial Officer of Caliber. Please note, that we have a quarterly earnings presentation, which will serve as a supplement to today's prepared remarks. You can access the presentation in the investor relations section of our website at www.caliberco.com. After management's commentary, we will open the call for questions. As a reminder, the information discussed today may include forward-looking statements that involve risks and uncertainty, Words like believe, expect, and anticipate refer to our best estimates as of this call, and there can be no assurance that these will actually take place. So, our actual future results could differ significantly from these statements. Further information on the company's risk factors is contained in the company's quarterly and annual reports and filed with the Securities and Exchange Commission.

It is now my pleasure to turn the call over to Chris. Please go ahead. Thank you, Ilya, and good afternoon, everyone.