American Homes 4 Rent

Greetings and welcome to the AMH third quarter 2024 earnings conference call. At this time, all participants are in a listen-only mode. A question and answer session will follow the formal presentation. If you require operator assistance during the conference, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. It is now my pleasure to introduce you to your host, Nicholas Fromm, Director of Investor Relations. Thank you, Nick. You may begin.

Good morning. Thank you for joining us for our third quarter 2024 earnings conference call. With me today are David Singlin, Chief Executive Officer, Brian Smith, Chief Operating Officer, and Chris Lau, Chief Financial Officer. Please be advised that this call may include forward-looking statements. All statements other than statements of historical fact included in this conference call are forward-looking statements that are subject to a number of risks and uncertainties that could cause actual results to differ materially from those projected in these statements. These risks and other factors that could adversely affect our business and future results are described in our press releases and in our filings with the SEC. All forward-looking statements speak only as of today, October 30th, 2024. We assume no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. A reconciliation of GAAP to non-GAAP financial measures is included in our earnings press release and supplemental information package. As a note, our operating and financial results, including GAAP and non-GAAP measures, are fully detailed in our earnings release and supplemental information package. You can find these documents, as well as SEC reports and the audio webcast replay of this conference call, on our website at www.amh.com. With that, I will turn the call over to our CEO, David Sinkland.

Welcome, everyone, and thank you for joining us today. This is a special day for me. Today is my last earnings call before passing baton to Brian Smith, the next steward of our great brand. I hired Brian more than 12 years ago. He has worked alongside me to build this company, many of those as our chief operating officer. Reflecting on the last 12 years, we accomplished more than I ever imagined. Together with Wayne Hughes, we seized a once in a lifetime opportunity to pioneer the professionally managed single family rental landscape. Since then, we've changed perceptions of housing in the U.S. and raised the bar on industry standards for service and quality. To control our own destiny, expand our portfolio through every economic cycle, and to do our part in addressing America's housing shortage. We build new homes in desired locations across our markets. We invested in our operations. We leveraged technology. We looked around corners. And most importantly, we focused on people. We assembled a talented team, including a strong leadership bench that has worked together for the past decade and is ready to lead this company into the next chapter of its journey. Today, Our 60,000 homes provide thousands of households with access to high-quality homes at a meaningful discount to the current cost of home ownership. Our residents appreciate the convenience, flexibility, and ease of living we provide. Housing is a fundamental American need, and single-family rental homes have emerged as an important part of the American housing landscape and solution. Building AMH with Wayne and with your support is one of my proudest career accomplishments. I leave AMH with gratitude, pride, and fond memories that I will cherish forever. Thank you all for being a part of my journey. AMH is in capable hands and I'm excited to see the future successes, not only at AMH, but for the SFR industry as a whole. And with that, I will now turn the call over to Brian.