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5/1/2025
Good morning, ladies and gentlemen, and welcome to Avalon Bay's Community's first quarter 2025 earnings conference call. At this time, all participants are in a listen-only mode. Following remarks by the company, we will conduct a question-and-answer session. You may enter the question-and-answer queue at any time during this call by pressing star 1. If your question has been answered and you wish to remove yourself from the queue, please press star 2. If you are using a speakerphone, please lift the handset. before asking your question, and we ask that you refrain from typing or having your cell phones turned off or muted during the question and answer session. Your host for today's conference call is Mr. Jason Riley, Vice President of Investor Relations. Mr. Riley, you may begin your conference.
Thank you, Julian, and welcome to Avalon Bay Community's first quarter 2025 earnings conference call.
Before we begin, please note that forward-looking statements may be made during this discussion.
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